This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: List five reasons for the growing popularity of data mining in the business world. What will be ... (Read 124 times)

Tirant22

  • Hero Member
  • *****
  • Posts: 532
on: Jul 7, 2018
List five reasons for the growing popularity of data mining in the business world.
 
  What will be an ideal response?

Question 2

In the Great Clips case study, the company uses geospatial data to analyze, among other things, the types of haircuts most popular in different geographic locations.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ngr69

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 7, 2018
Answer to Question 1

 More intense competition at the global scale driven by customers' ever-changing needs and wants in an increasingly saturated marketplace
 General recognition of the untapped value hidden in large data sources
 Consolidation and integration of database records, which enables a single view of customers, vendors, transactions, etc.
 Consolidation of databases and other data repositories into a single location in the form of a data warehouse
 The exponential increase in data processing and storage technologies
 Significant reduction in the cost of hardware and software for data storage and processing
 Movement toward the de-massification (conversion of information resources into nonphysical form) of business practices

Answer to Question 2

FALSE


Tirant22

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jul 7, 2018
Correct answers!


ngr69

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jul 7, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

(b) A epiphytic plant growing on the branch of a tree. (b) A epiphytic plant growing on the branch of a tree.
teaching children about some of the world’s environmental problems teaching children about some of the world’s environmental problems
A physician uses a portable electronic tablet to enter patient data while in the examination room. A physician uses a portable electronic tablet to enter patient data while in the examination room.
Democracy (or “democratization”) is a global social movement. People all over the world yearn ... Democracy (or “democratization”) is a global social movement. People all over the world yearn ...
World Population Growth World Population Growth
Nonanthropoid Primates: Old World Monkey Nonanthropoid Primates: Old World Monkey
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library