Login

Big Data Applications in Retail

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

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

Start Your Free Trial To Take This Quiz

As a member, you'll also get unlimited access to over 70,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Free 5-day trial
It only takes a few minutes to set up and you can cancel at any time.
Already registered? Login here for access

1. How does big data help suppliers?

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

Start your free trial to access this entire worksheet
A premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

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
Support