Thank you for visiting Rather than relying solely on her intuition what should Millie have used to make a better decision about introducing the new product a Logistics b. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Millie should have used to make a better decision with hard data rather than look at the sales and income generated from the last product information in the spring.
What is hard data?
Hard data, also known as factual data, is information that has been confirmed and methodologically obtained from official or organizational sources that is corresponding and virtually independent in the methods it was measured. Hard data, also known as factual data, refers to trustworthy and methodologically sound data derived from official or organizational statistics that are comparable and generally independent of the technique of measurement. Hard data refers to data created by equipment and applications such as phones, computers, sensors, smart meters, traffic monitoring systems, call detail records, and bank transaction records, among others.
Here,
Millie should have utilized real facts to make a better judgment rather than looking at the sales and money created by the previous product information in the spring.
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