Question

At Herbal Tea Inc., a team of IT workers uses applied math to help the company budget advertising dollars across its entire market. The formulas these employees use indicate the optimal ways to allocate spending so that the company achieves maximum potential. What form of business analytics is this company using

Answer 1

Answer:

Prescriptive method

Explanation:

The prescriptive methods are the last stage of analyzing the data on which the results are based. It can be done by using  business rules, algorithms, etc

Based on this it is easy for the company to understand it and according to that,  the decisions are taken. It also involves structured and unstructured data so that it makes efficient use without compromising the quality

Therefore according to the given situation, it is mentioned that there are efficient ways of distributing the spending in order to accomplish the maximum potential

Hence, it is the form of prescriptive method