Question

Walmart is known for its efficient logistical systems. Every time consumers buy something, that purchase is recorded and sent to company headquarters, where it is used to generate reorders to vendors. In addition, customers' billions of purchases are analyzed to uncover patterns of consumers' purchasing behavior. This is an example of _________________.

Answer 1

Full question:

Walmart is known for its efficient logistical systems. Every time consumers buy something, that purchase is recorded and sent to company headquarters, where it is used to generate reorders to vendors. In addition, customers' billions of purchases are analyzed to uncover patterns of consumers' purchasing behavior. This is an example of _________________.

A.Data isolation

B. Data mining

C. Secondary data collection

Answer:

This is an example of Data mining

Explanation:

Data mining is the manner of detecting exceptions, models, and relationships inside massive data sets to prognosticate consequences.  By utilizing software to watch for models in huge quantities of data, businesses can acquire more on their consumers to produce more powerful marketing tactics, improve sales and reduce costs.

Learn what is appropriate and then execute good effectiveness of that erudition to evaluate likely outcomes. Data mining can be practiced by organizations for everything from acquiring what consumers are engrossed in.