Data Formats and Competitive Strategies Quiz

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6 Questions

What does the term 'Variety' refer to in the context of data?

Unstructured text documents and emails

Which competitive strategy focuses on differentiating products and services from competitors?

Differentiation

What technology is used by Chinese farmers for monitoring and tracking the location and health of their animals?

NB-IoT

In the context of data, what does the term 'Volume' refer to?

The sheer amount of data generated

What is meant by 'Velocity' in the context of data?

The speed at which data is generated and processed

What does 'Variety' refer to in the realm of data?

The different types and sources of data

Test your knowledge about data formats and competitive business strategies with this quiz. From understanding different types of data to identifying competitive strategies, this quiz covers key concepts in the fields of data management and business strategy.

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