Data are rarely used in the business environment as firms prefer using information.

Name: Data are rarely used in the business environment as firms prefer using information.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

This statement is false. Data is important in the business environment as it provides the foundation for information. Without data, information cannot be created or analyzed. Therefore, businesses use data to extract information that can be used to make informed decisions.

Data Are Rarely Used in the Business Environment as Firms