Explain how big data relates to online marketplaces such as, Ask an Expert

Management Studies

Explain how big data relates to online marketplaces such as Amazon and eBay. Describe the costs and benefits of collecting data for these online marketplaces. Propose some ways online marketplaces can use to benefit most from data regarding online participation, and consider the major costs of this data collection.

To help you organize your answer, I need responses for two parts...

1. What are the benefits AND costs of the use of big data for online marketplaces?

2. What are the public's concerns of collecting big data related to online participation?

Please answer with a response of at least 500 words.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92275162

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 when developing an information system it is typically

1. When developing an information system it is typically accomplished by using the SDLC systems development life cycle. Understanding this process is required by many employers if the position is involved in this role to ...

1 according to the material presented in this class among

1. According to the material presented in this class, among the most important and essential functions of business leaders are: [Select all that apply] developing and executing a plan to drive the company’s competitors o ...

Describe a time when you used the consumer decision process

Describe a time when you used the consumer decision process while making a purchase, and the role advertising played. New York-based Jet blue airways had started 2007 on a roll; growth in terms of both destination and fl ...

Household appliances corp produces 3 products lamps

Household Appliances Corp produces 3 products: lamps, lightbulbs, and extension cords. Lamps take 6 minutes of labor to produce, lightbulbs take 3 minutes, and extension cords take 4 minutes. Lamps require 8 electric cab ...

1 as the customer service analyst you have documentation

1. As the customer service analyst, you have documentation for 105 service calls concerning incorrect product delivery from your study of 22 samples. What is the upper control limit for this control chart? (Keep two deci ...

Company pepsico1 write various promotional strategies used

Company: PepsiCo 1. Write various promotional strategies used by the PepsiCo in implementing an Integrated Marketing Strategy. 2. Design an effective and creative marketing communication (print advertisement) of your own ...

The winfield distributing company has maintained an 80

The Winfield Distributing Company has maintained an 80% service level policy for inventory of string trimmers. Mean demand during lead time is 170 trimmers, and the standard deviation during lead time is 60 trimmers. The ...

1 reduced overhead costs for material movers amp expediters

1. Reduced overhead costs for material movers & expediters, is a benefit of using the days of supply calculation. T/F 2. A wine bottling machine can bottle 23 hours a day. The total output is 89 bottles a day. Each bottl ...

1 what is a common rule of thumb used to calculate

1. What is a common rule of thumb used to calculate inventory carrying costs? Give an example of its use 2. How are the concepts of open and closed systems reflected in the case of the smithsonian institution and the cat ...

Assignment overviewpack your bags we are going globalwe

Assignment Overview Pack Your Bags: We Are Going Global! We have attempted to point out, that in any inter-personal communication in general, and at the negotiating table in particular, we have to be aware of the people ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert