Why does the exponential growth in data matter?
A) There was too little data before.
B) Managers know what data they need.
C) Information overload is a blessing.
D) Getting the right information at the right time can improve decisions.
E) You can make money with data.

Question

Quizplus · Accepted Answer

As the amount of data grows exponentially, it becomes increasingly important to be able to sift through and extract the right information at the right time. This allows for better decision-making and can provide a competitive advantage.

Answer: E
 With the growth of data, there are ample opportunities for companies to monetize the insights derived from it. This may be through selling the data itself, providing data-based services, or using the insights to optimize business operations and increase revenue.

Why Does the Exponential Growth in Data Matter