A Firm Would Use Data Mining If It Wanted to

question 33

Multiple Choice

A firm would use data mining if it wanted to

• A) store copies of crucial data in several different locations to protect against its loss during disasters such as earthquakes, floods, or terrorist attacks.
• B) protect its data from unauthorized outsiders.
• C) increase the rate at which information flows through a firm's intranet.
• D) discover hidden relationships among the data it accumulates.

---

Definitions:

Long-Term Investments

Long-term investments are financial assets intended to be held for a period longer than one year, aiming for higher returns over time.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency.

Auction Market

A public market in which goods or securities are sold to the highest bidder.

Private Placements

Private placements involve the sale of securities to a relatively small number of select investors as a way of raising capital, without the need to register with regulatory bodies.