Managers can use BI to answer tough business questions. Which of the following describes the value of knowing where the business has been? A historical perspective offers important variables for determining trends and patterns. Looking at the current business situation allows managers to take effective action to solve issues before they grow out of control. Setting strategic direction is critical for planning and creating solid business strategies. None of the above

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.