Big Data Applications in Retail


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question 1 of 3

Which of these is NOT a benefit of big data in retail?

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1. How does big data help suppliers?

2. What is a way that retailers can use big data to add extra value?

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About This Quiz & Worksheet

This quiz/worksheet looks at key facets of big data as it applies to the retail industry. You'll be tested on the uses of big data from multiple sides and perspectives of retail.

Quiz & Worksheet Goals

This quiz/worksheet prompts users to answer questions about:

  • The benefits of big data in retail
  • How big data can assist suppliers
  • The ways that big data can boost value
  • Using big data analysis
  • How Walmart utilizes big data

Skills Practiced

  • Reading comprehension - ensure that you've drawn important information from the lesson on the retail applications of big data
  • Distinguishing differences - make sure you can differentiate between what is and isn't a benefit of big data in retail
  • Information recall - access the knowledge you've gained regarding Walmart's usage of big data

Additional Learning

To further examine this form of data within retail, you can review the corresponding lesson titled Big Data Applications in Retail. This lesson is composed of the following objectives:

  • Understand how big data can help retailers choose products
  • Familiarize yourself with how big data has helped retailers move past general assumptions
  • Explore the manner in which big data aids the retailer-supplier relationship