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The term "dashboard" comes from using a set of visual indicators to speed up business transactions. O True O False

The term "dashboard" comes from using a set of visual indicators to speed up business transactions. O True O False

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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The term "dashboard" comes from using a set of visual indicators to speed up business transactions. - ○ True - ○ False **Instructions for Use:** Select whether the statement is true or false by clicking the corresponding option. This exercise is designed to enhance understanding of the terminology used in business analytics. **Explanation:** The question above explores the origin of the term "dashboard." In modern business contexts, a dashboard often refers to a visual display of the most important information needed to achieve one or more objectives, consolidated on a single screen so it can be monitored at a glance. This concept is analogous to a car's dashboard, which provides critical information like speed and fuel levels to the driver in real time.
Transcribed Image Text:The term "dashboard" comes from using a set of visual indicators to speed up business transactions. - ○ True - ○ False **Instructions for Use:** Select whether the statement is true or false by clicking the corresponding option. This exercise is designed to enhance understanding of the terminology used in business analytics. **Explanation:** The question above explores the origin of the term "dashboard." In modern business contexts, a dashboard often refers to a visual display of the most important information needed to achieve one or more objectives, consolidated on a single screen so it can be monitored at a glance. This concept is analogous to a car's dashboard, which provides critical information like speed and fuel levels to the driver in real time.
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