Big Data Efforts Have the Potential to Allow Firms to Better

question 161

True/False

Big Data efforts have the potential to allow firms to better customize their product and service offerings to customers but are less efficient at using the resources of the company. Kaiser Permanente is an example of how big data does not lead to cost-conscious treatment patterns.

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Definitions:

Selection

The identification of candidates from a pool of recruits who best meet job requirements, using tools such as application blanks, tests, and interviews.

Overt Integrity Tests

Pre-employment screening tools designed to assess the honesty or integrity of potential employees through direct questions.

Counter-productive Behaviours

Actions by employees that negatively impact their own productivity or the efficiency of the organization, often violating company policies.

Employment Interviews

Employment interviews are formal conversations between a job applicant and a potential employer to assess the fit between the individual's qualifications and the job requirements.