Which of the following is not an example of data-driven decision making?
1. Placing bread next to jam aisle to remind people to buy jam when they buy bread
2. Placing gums near the cash counter for getting children to buy them
3. Introducing any service free for the first year and then charge them with low price and then increase the price gradually
4. Organising books in the library in the order of the color of their cover
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Answer:
Explanation:
Data-driven decision making (or DDDM) is the process of making organizational decisions based on actual data rather than intuition or observation alone
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The correct option is 4. Organizing books in the library in the order of the color of their cover.
- Organizing books in the library in the order of the color of their cover is not an example of data-driven decision-making.
- To organize books it does not need any data to be collected or any survey to be done for understanding consumer behavior.
- It does not require a decision-making process for sorting the books.
- It's a manual job, it depends on the factor on the basis of which the person wants to arrange the books in the library.
- Data-Driven Decision-Making or DDDM is used to collect the responses of the customers for the product or services.
- Therefore, the correct option is 4. Organizing books in the library in the order of the color of their cover.
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