Caesar's Uses Data Mining to Extract Lots of Useful Information

question 156

Multiple Choice

Caesar's uses data mining to extract lots of useful information about its customers.Before it can do this it must first:

• A)move all relevant data into a data warehouse.
• B)ask its customers for permission to use their data.
• C)access multiple databases.
• D)offer customer incentives to use their data.

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Definitions:

Liability Limitation

A clause in a contract that restricts the amount of compensation that can be claimed for breaches of the contract or other liabilities.

Cash Assets

Liquid funds or assets readily convertible into cash without significant loss in value.

Preferred Shares

Type of stock that grants holders priority for dividends over common stockholders and rights to assets in the event of liquidation.

Winding Up

The process of dissolving a business by disposing of its assets, paying off creditors, and distributing any remaining assets to shareholders or owners.