Practice Common Jargon - 21.2.1 | Domain-Specific Jargon and KPIs | Business Analysis
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does AOV stand for?

💡 Hint: Think about what AOV measures in the context of sales.

Question 2

Easy

Define SKU.

💡 Hint: Consider how retailers identify their inventory.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is Cart Abandonment?

  • Complete purchase after adding items
  • Leave items in cart without purchase
  • Remove items from cart

💡 Hint: Think about what happens to shopping carts.

Question 2

True or False: AOV is calculated by dividing total revenue by the number of orders.

  • True
  • False

💡 Hint: Recall how you measure average purchases.

Solve 3 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

An E-commerce site has a 70% Cart Abandonment Rate. Outline strategies they could employ to reduce this percentage and increase conversions.

💡 Hint: Think about the user's journey and pain points during checkout.

Question 2

A hospital notices high No-Show Rates for appointments. What measures can be taken to improve patient attendance?

💡 Hint: Consider how to engage patients proactively.

Challenge and get performance evaluation