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Infographics and User-Friendly Graphs and Charts Are Features of the Big

question 41

True/False

Infographics and user-friendly graphs and charts are features of the big data analysis technique known as data visualisation.


Definitions:

Homogeneous Products

Products that are essentially identical, offered by different firms within a market, with no product differentiation.

Differentiated Products

Goods that are distinguished from similar products based on quality, features, and branding to create perceived differences appealing to diverse consumer segments.

Standardized Products

Products that are uniform in quality and specifications across producers and can be interchangeably used, often traded on futures exchanges.

Differentiated Products

Products that are distinguished from similar products by unique characteristics, such as quality, brand, or features.

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