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:

Opportunity Costs

The cost of what is forgone in order to pursue a certain action, representing the benefits you could have received by taking an alternative action.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's cost.

Investment Fluctuations

Variations in the amount of capital placed in different investments over time, often influenced by interest rates and economic conditions.

Gross Domestic Product (GDP)

The total monetary value of all final goods and services produced within a country's borders in a specific time period, serving as a broad measure of national economic activity.