At its core,data analytics fits into the information value chain in which of the following ways?
A)The process of data analytics aims at transforming raw data into valuable information.
B)Data analytics aims to make an organization's conversion process more efficient.
C)Data analytics requires organizations to share synced data with upstream and downstream business partners.
D)The process of data analytics is geared toward providing additional insight into customer activities and preferences.

Question

Quizplus · Accepted Answer

Data analytics is the process of examining data sets in order to draw conclusions about the information they contain, with the aim of transforming raw data into valuable insights and information that can help an organization make more informed decisions. While data analytics may certainly help a company make its conversion process more efficient, this is not its primary purpose, nor is it a requirement for working with analytical data. Similarly, while data syncing may be necessary to ensure that everyone within an organization is working with the same data sets, this has little to do with the process of data analytics at its core. Finally, while insights into customer activities and preferences are often an important part of data analytics, they are not the only goals of the process.

At Its Core,data Analytics Fits into the Information Value Chain