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Scenario 11.1
Use the following to answer the questions.
Gillette shaving razors were first manufactured in 1895.Over the years,Gillette made improvements on their razors offering many "firsts" such as the Mach3,the Sensor,and the Fusion.For many years,women were forced to use razors designed primarily for men,but often marketed to women by offering them in different colors and with minimal modifications.In 1998 Gillette developed the Venus razor,based on the Mach3 but made specifically for women.Gillette promoted the Venus razor heavily,with television ads and other forms of media.The Gillette product line,now owned by Procter & Gamble,continues to introduce new versions of the Venus,such as the Venus Embrace,which has additional blades and other modifications.
-Refer to Scenario 11.1.When Gillette developed the Venus razor in 1998,it was considered to be in the ___ stage of the product life cycle.Today,the Venus razor has several competitors and has increasing profits,most likely an example of the ___ stage.
Big Data
Extremely large datasets that can be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.
Data Repository
A central location in which data is stored and managed, often used for the storage and management of digital data in databases or file systems.
Data Warehouse Framework
A data warehouse framework is the structured set of technologies and methodologies used to store, manage, and retrieve large volumes of data for analysis and reporting purposes.
Metadata
Data that provides information about other data, often used for describing contents, quality, condition, and other characteristics.
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