BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The best way for a firm to show how the sales of five products contributed to total sales
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is to present it as a line graph
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is to present it as a pictogram
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is to present it as a pie chart
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is to present it as a tally chart
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Explanation:
Detailed explanation-1: -Bar charts are the most popular type of data visualization tool because they’re simple and easy to interpret. They’re used to compare quantities within related categories, such as the number of sales across years or customers by age.
Detailed explanation-2: -For example, bar charts are best if you are looking to compare sales for different periods, while line charts are best if you want to show trends over time.
Detailed explanation-3: -A Sankey is one of the best graph to show profit and loss insights. And this is because it provides micro-insights into the flow of revenue and expenses.
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