What types of applications would benefit from real-time data warehousing?
What will be an ideal response?
Since the goal of real-time data warehousing is to take immediate action at touch points with customers, any type of E-commerce application would benefit — for example, if you wanted to design an application to send an email message when a user abandons a shopping cart. Another example would be fraud-detection with credit card payment processing. Any type of just-in-time system, such as a transportation or scheduling system, would benefit by using a real-time data warehouse.
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Application of the lower-of-cost-or-market rule results in inconsistency because a company may value inventory at cost in one year and at market in the next year.
a. true b. false
In a short essay, list at least five applications of focus groups. Include a specific example of each application to support your answer
What will be an ideal response?