COMPUTER APPLICATIONS
DATABASE MANAGEMENT SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following are the benefits of digital data analysis, except
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spatial and non-spatial data can be managed together
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data can be managed in a clear format
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costs incurred are less
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faster data retrieval
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data becomes more complex
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Explanation:
Detailed explanation-1: -Data analytics helps businesses get real-time insights about sales, marketing, finance, product development, and more. It allows teams within businesses to collaborate and achieve better results. It is useful for businesses to analyse past business performance and optimize future business processes.
Detailed explanation-2: -Prescriptive analytics is, without doubt, the most complex type of analysis, involving algorithms, machine learning, statistical methods, and computational modeling procedures.
Detailed explanation-3: -Customer Acquisition and Retention. Focused and Targeted Promotions. Potential Risks Identification. Innovate. Complex Supplier Networks. Cost optimization. Improve Efficiency. 6 days ago
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