Which of the Following Is a Key Factor That Has

question 15

Multiple Choice

Which of the following is a key factor that has contributed to the growth and popularity of big data?

• A) Implosion in data growth
• B) Brick and mortar businesses
• C) Mobile and wireless technology
• D) Exponential decay of organizational data

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Definitions:

Low Price Competitors

Companies that compete primarily on price, often by offering similar products or services as higher-priced competitors, but at lower costs.

Enhanced Brand Equity

The increased value brought to a brand by consumer perceptions of high quality or positive experiences associated with the brand.

Line Extension

The development and introduction of additional items in the same product category under the existing brand name.

Increased Usage

The phenomenon where consumers use a product or service more frequently, often influenced by changes in behavior, marketing strategies, or external factors.