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Class 12 Business Studies Business Environment Technological environmentMedium

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An online grocery platform analyses past orders and weather data to forecast demand. Which technological use is shown?

Answer and explanation

Correct answer: Forecasting analytics

Data analytics helps estimate future demand. In exams understand forecasting as technological decision support.

Related tags

Business-Environment Technological-Environment Forecasting-Analytics Demand Technological Environment Business Environment Business Studies Class 12 Mcq

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