adplus-dvertising
frame-decoration

Question

What are some of the areas in the retail sector where added value from Big Data analytics is expected?

a.

Inventory management and product pricing

b.

Agriculture and supply chain optimization

c.

Education and customer service

d.

Healthcare and public relations

Posted under Big Data Computing

Answer: (a).Inventory management and product pricing Explanation:Some of the areas in the retail sector where added value from Big Data analytics is expected include inventory management and product pricing.

Engage with the Community - Add Your Comment

Confused About the Answer? Ask for Details Here.

Know the Explanation? Add it Here.

Q. What are some of the areas in the retail sector where added value from Big Data analytics is expected?

Similar Questions

Discover Related MCQs

Q. What is the primary purpose of metadata in the context of Big Data and networked environments?

Q. What has significantly changed the nature and importance of metadata in the context of the World Wide Web?

Q. What are the Linked Data principles primarily focused on?

Q. What is one of the key benefits of the Linked Data approach?

Q. What does the Linked Data approach use to establish links between entities identified by different namespaces?

Q. What is one of the advantages of timeliness associated with publishing and updating Linked Data

Q. What does content acquisition mainly involve?

Q. What is a crucial factor in the content production process when integration issues for analytical purposes are concerned?

Q. What does the editing process entail in the context of content production?

Q. Which area of content production involving semantic metadata is considered the most elaborated?

Q. What is considered a highly time- and cost-intensive task in editorial processes?

Q. What factors should be targeted carefully when integration issues for analytical purposes are concerned in the content production process?

Q. Which process deals with the collection, storage, and integration of relevant information necessary for producing a content item?

Q. What is the main focus of the content editing process?

Q. What is considered a key enabler in the creation of controllable and exploitable information ecosystems?

Q. What is the primary focus of the bundling process in the content value chain?

Q. How can metadata be used in the bundling process?

Q. What is a potential drawback of excessive collection and reuse of behavioral data?

Q. What is a significant barrier to the deployment of Linked Data techniques in the area of content personalization?

Q. What is the main focus of the content distribution process in a Linked Data environment?