BUSINESS ADMINISTRATION
MANAGEMENT INFORMATION SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Detailed explanation-1: -Big data is a term that describes large, hard-to-manage volumes of data – both structured and unstructured – that inundate businesses on a day-to-day basis. But it’s not just the type or amount of data that’s important, it’s what organizations do with the data that matters.
Detailed explanation-2: -Defining Big Data. Big data typically refers to the following types of data: • Traditional enterprise data – includes customer information from CRM systems, transactional ERP data, web store transactions, general ledger data.
Detailed explanation-3: -Big data defined Put simply, big data is larger, more complex data sets, especially from new data sources. These data sets are so voluminous that traditional data processing software just can’t manage them.
Detailed explanation-4: -Some of the benefits of effective big data management include better decision making, better customer relationship management, increased productivity, and better data analytics. One of the most important big data management benefits is the ability to have complete visibility over your data storage.