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Question

What is the potential impact of Big Data on market domination?

a.

Big Data has no significant impact on market domination.

b.

Market domination is driven by companies that use the best data the fastest.

c.

Big Data primarily affects economic forecasting.

d.

Market domination is driven by companies that conduct surveys.

Posted under Big Data Computing

Answer: (b).Market domination is driven by companies that use the best data the fastest. Explanation:The potential impact of Big Data on market domination is that companies that absorb and use the best data the fastest may dominate the market.

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Q. What is the potential impact of Big Data on market domination?

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