What Does the Phrase "Big Data" Refer To

question 58

Multiple Choice

What does the phrase "big data" refer to?

• A)It refers to the information collected by the top five firms in the marketing research industry.
• B)It refers to the data sets too large and complex to work with typical database management tools.
• C)It refers to the information received from market research studies but not internal sources.
• D)It refers to the marketing research data taken from Internet sources.
• E)It refers to the market information taken from the U.S.Census.

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Definitions:

Land Purchase

The acquisition of land, an asset, for the purposes of business operation, investment, or development.

Straight-Line Method

A method of calculating depreciation of an asset, where the cost is evenly spread over its useful life.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may not coincide with the calendar year.

Straight-Line Depreciation

A way of assigning the cost of a concrete asset over its operational life in homogeneous yearly amounts.