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Big Data Refers to a Standard Set of Variables Collected

question 63

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Big data refers to a standard set of variables collected from customers, suppliers, and staff.


Definitions:

Decision Making

The cognitive process of choosing from alternatives to arrive at a conclusion or strategy.

Idea Generation

The process of creating new concepts, solutions, or approaches through brainstorming or other creative techniques.

Choices

Options or alternatives available to an individual from which they must select or decide.

Brainstorming Procedures

A set of methods designed to generate creative ideas and solutions within a group through open and free-flowing discussion.

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