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Assessment
What is one primary benefit of using data-driven approaches in philanthropic strategies?
Increased transparency and accountability
Higher operational costs
Reduced donor engagement
Less effective targeting of beneficiaries
Which of the following data sources is often utilized by data scientists in philanthropy to analyze trends?
Social media interactions
Physical mail reviews
Donor personal journals
Local newspapers
What role does predictive analytics play in philanthropic strategies?
It helps in forecasting the future impact of initiatives.
It replaces the need for human intuition.
It ensures all donations are automatically allocated.
It guarantees success in philanthropic ventures.
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