Answer:
True.
Explanation:
Patent can be defined as the exclusive or sole right granted to an inventor by a sovereign authority such as a government, which enables him or her to manufacture, use, or sell an invention for a specific period of time.
Generally, patents are used on innovation for products that are manufactured through the application of various technologies.
Basically, the three (3) main ways to protect an intellectual property is to employ the use of trademarks, copyright and patents.
Hence, a patent is an example of a rare and valuable resource because it protects the intellectual property of an individual or business entity and as such serves as a medium for gaining royalties or valuable economic benefits.
The knowledge serves as good foundation for me to understand how technology works behind the scene as well. So I must say a good understanding of computer architecture gives the data scientist the ability to propose feasible solution in capturing and maintaining data, implementing models and algorithms in IT systems.
Answer: Business intelligence system is a system that is used in the field of business and organizations for generations of the strategy and plans to make decision. This system consist of the business intelligence(BI) tools. It creates a connection in the different information/data and takes them to the business organization.
Business intelligence system has goals like:-
- Increasing daily sales
- Fast the growth rate of the business
- improving the rental performance
- Gaining more profit
