Big Data Can Be Used in Collecting Information About Buyer

question 39

Essay

Big data can be used in collecting information about buyer behavior and the overall business environment,which is vital in making effective managerial decisions.Giving reasons illustrate how this can be accomplished.

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Definitions:

Mechanistic Structures

Describes organizational forms that are highly formalized and centralized, characterized by rigid hierarchies and clear, strict rules and procedures.

Hostile Environments

Refers to workplaces or settings that are unwelcoming and difficult to work in due to factors like harassment, discrimination, or unsafe conditions.

Job Specialization

involves the process of focusing an employee's responsibilities on a specific set of tasks, allowing for increased efficiency and expertise in those tasks.

Coordinating Mechanisms

Tools, processes, or structures used to align tasks, activities, and communication within an organization to ensure effective functioning.