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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. Which tool is often referred to as a fishbone chart or diagram?

A) Histogram
B) Flowchart
C) Cause-and-effect diagram
D) Scatter diagram

2. What is an advantage of a balanced scorecard?

A) It increases the amount of available data to analyze.
B) It requires little effort to establish a meaningful dashboard.
C) It requires minimal data.
D) It emphasizes strategy and organizational results.

3. Research data indicate 95% confidence in a study in which subjects who were shown a product advertisement exhibited brand awareness compared to a control group who did not see the advertisement.
What can be concluded from this study?

A) The advertisement was effective in increasing sales.
B) Five percent of the subjects did not like the advertisement.
C) The advertisement was effective in building brand awareness.
D) Ninety-five percent of the subjects liked the brand.

4. Which performance metric simultaneously accounts for financial, customer, internal process, and learning metrics?

A) Income statement
B) Balanced scorecard
C) Customer complaint report
D) Balance sheet

5. What happens when an organization focuses on customers?

A) It leads to an increase in revenue and market share.
B) It ensures consistency and efficiency among organization-wide activities.
C) It reduces bias and fosters trust in decisions and plans.
D) It decreases costs for the organization and its suppliers.

Solutions: