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Big Data Provides Insights into Consumer Trends and the Impact

question 36

True/False

Big Data provides insights into consumer trends and the impact this might have on the industry.


Definitions:

Behavior Modification

The use of empirical and operant conditioning techniques to change or adjust unhealthy or undesirable behaviors.

Criticism

The practice of analyzing, judging, and/or evaluating something, often with the intention of revealing faults or areas of improvement.

Expectancy Theory

A motivational theory suggesting that individuals are motivated to perform if they believe that their efforts will lead to desired performance and reward.

Victor Vroom

A psychologist recognized for formulating the expectancy theory of motivation, which suggests that individual motivation to perform is influenced by expectations of reward and achievable outcomes.

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