Which of the Following Is a Huge Database That Stores

question 84

Multiple Choice

Which of the following is a huge database that stores and manages the data required to analyze historical and current transactions?

• A)data stockyard
• B)data warehouse
• C)data storehouse
• D)data storage unit

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Definitions:

External Data

Information sourced from outside the organization, used for analysis, benchmarking, or decision-making processes.

Mass Customization

A production technique that allows for personalization or tailoring of products to individual customers' preferences while maintaining the efficiency of mass production.

80/20 Principle

Also known as the Pareto Principle, it suggests that 80% of effects come from 20% of causes, commonly applied in business and productivity analysis.

Psychographic Characteristics

Attributes of consumers that relate to their personalities, values, attitudes, interests, and lifestyles.