Data mining is a tool for allowing users to A) quickly compare ...

[corkyiscool3328]

Data mining is a tool for allowing users to
 
  A) quickly compare transaction data gathered over many years.
  B) find hidden relationships in data.
  C) obtain online answers to ad-hoc questions in a rapid amount of time.
  D) summarize massive amounts of data into much smaller, traditional reports.
  E) access the vast amounts of data in a data warehouse.

Question 2

All of the following statements are true about information technology's impact on business firms except
 
  A) it helps firms expand in size.
  B) it helps firms lower the cost of market participation.
  C) it helps reduce internal management costs.
  D) it helps reduce transaction costs.
  E) it helps reduce agency costs.

[djpooyouma]

Answer to Question 1

B

Answer to Question 2

A