Practice Role of AI and Big Data - 12.7.2 | 12. Decision-Making in Organizations | Management 1 (Organizational Behaviour/Finance & Accounting)
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Role of AI and Big Data

12.7.2 - Role of AI and Big Data

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is AI?

💡 Hint: Consider how machines can act smart.

Question 2 Easy

Name one purpose of Big Data.

💡 Hint: Think big and complex data.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does AI stand for?

Automated Improvement
Artificial Intelligence
Algorithm Intensive

💡 Hint: Think about the capabilities of machines.

Question 2

True or False: Big Data is made up of small datasets.

True
False

💡 Hint: Remember the size of the data.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Describe a scenario in which a company could successfully utilize predictive analytics to enhance their decision-making process. Specify the data they might analyze and the outcomes they could expect.

💡 Hint: Consider both customer behavior and seasonal trends.

Challenge 2 Hard

Analyze how the integration of machine learning and Big Data could alter traditional business models. Give examples of specific industries affected.

💡 Hint: Think of industries that rely heavily on data for decisions.

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