A Business Manager Has Access to a Large Data Set

question 117

Multiple Choice

A business manager has access to a large data set that includes complex information that would be difficult to process with traditional data management.These data would be referred to as __________,

• A)big data
• B)business data
• C)mega data
• D)business analytics
• E)mined data

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Definitions:

Variable Allowance

An adjustment in cost or time estimates to accommodate changes or variations that may occur in project planning or execution.

Allowance Factor

A factor or percentage added to an estimate to account for uncertain conditions, providing a margin for error or unforeseen costs.

Standard Time

The established amount of time it should take to complete a specific task or process.