217k views
0 votes
You are reading a report that shows Company A generated $2,000 last week. This would be ________.

A) knowledge
B) a competitive advantage
C) data
D) information

User Cecile
by
7.7k points

1 Answer

1 vote

Final answer:

The report showing that Company A generated $2,000 last week provides data, which is raw numerical information without context. This figure cannot be considered knowledge or a competitive advantage without further analysis or context. Thus, the correct answer is data (choice C).

Step-by-step explanation:

If you are reading a report stating that Company A generated $2,000 last week, this figure represents data. Data are raw facts and figures without any context or analysis applied. In this scenario, without any additional context or understanding of how this figure compares to the company's costs or against competitors, one cannot infer anything further such as knowledge or a competitive advantage.

Upon comparing choice D (information) with the other options, particularly choice B (competitive advantage), it becomes clear why choice D is more accurate. Without knowing Company A's costs of production or sales volume, you cannot determine if a competitive advantage exists. Therefore, the given figure is simply data, which becomes information when it is processed and put into context. The dollar amount alone does not constitute knowledge, nor does it indicate a competitive advantage without additional insights.

User Ivanm
by
7.2k points