Reference no: EM132624580

Problem 1: You're the manager of the research and development division of a large company. You're in charge of determining what features to add to the new xPhone 10. You have an analytics team to help you. What can you do so you're in the best position to take advantage of their expertise?

A) Take some statistics courses so you can understand their analytics models.

B) Become an expert in analytics so you can effectively manage their activities.

C) Keep asking them questions so you learn what they do, and they learn more about your business.

D) They are the experts. Trust that they know what they are doing. Concentrate on your own problems.

Problem 2: What's one of the better ways to structure your business / analytics organization?

A) Keep a strict boundary between the business and analytics. That way you can have a more "pure" view of the data.

B) Don't have a separate analytics division. Spread the experts throughout the organization.

C) Highly analytical people don't have good social skills. It's best to ignore them and let them work.

D) Have a centralized analytics division but make sure that you keep a close working relationship between your people and the"quants."