Discuss the Impact of the Internet of Things(IoT),the Data the Objects

question 51

Essay

Discuss the impact of the Internet of Things(IoT),the data the objects gather,and how IoT has the potential to transform the marketing research industry.

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Definitions:

Consolidated Statement

A financial statement that includes all assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries.

Cost Of Goods Sold

Direct costs attributable to the production of goods sold by a company, including material and labor.

Parent's Share

The proportion of equity held in a subsidiary by the parent company, often representing controlling interest.

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net identifiable assets.