Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 1- currently, data is everywhere and organizations

1- Currently, data is everywhere and organizations are struggling with the huge amount of data they...

60.1K

Verified Solution

Question

Finance

1- Currently, data is everywhere and organizations arestruggling with the huge amount of data they have. Discuss howhaving all this data could be beneficial for organizations.

Answer & Explanation Solved by verified expert
4.5 Ratings (831 Votes)
Gone are the days when lack of data or lack of easier way to access the data prevented organizations from undertaking scientific decisions Today there is no dearth of data in public domain and we have all the sophisticated ways to access data and process them Having all the data can be beneficial to the companies or organizations in the following manner Data analysis provides lots of hidden patterns trends    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

1- Currently, data is everywhere and organizations arestruggling with the huge amount of data they have. Discuss howhaving all this data could be beneficial for organizations.

Other questions asked by students

Q

Is the world CHIRAL ? -rationalize your idea

Chemistry
Q

Problem 1 Assume the T-bill maturity and futures delivery are on the same day. Ignore transactions costs. Treasury...

Finance
Q

Due to effect of interfernce floating oil layer in water is visible coloured due to...

Physics
Q

31 The potential at a point x measured in m due to some charges situated...

Physics
Q

3 A constant force is being applied on a rod of length l kept at...

Physics
Q

Find the exact value of the trigonometric function at the given real number 57 3...

Basic Math
Q

Event A occurs with probability 0 3 and event B occurs with probability 0 4...

Statistics
Q

What does Descartes rule of signs tell you about the possible number of positive real...

Algebra
Q

The Mountain View Company acquired a piece of land in a business combination transaction from...

Accounting
Q

assume the following information: amount per unit sales $ 300,000 $ 40 variable expenses 112,500...

Accounting
Q

The following question was written by Blair Williams: 7. Using the following financial statements, answer...

Accounting
Q

What is the compound interest if $470 is invested for 15 years at 7% compounded...

Accounting