Explain the term Internet of Things.
What will be an ideal response?
The first disruptive force that has the power to change business is the Internet of Things (IoT). This is the idea that objects are becoming connected to the Internet so they can interact with other devices, applications, or services. Everyday objects are being embedded with hardware capable of sensing, processing, and transmitting data. Objects can then connect to a network and share data with any other application, service, or device.
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Middle-income economies are often referred to as developed countries
Indicate whether the statement is true or false
The ________ step of the data-preparation process consists of screening questionnaires to identify illegible, incomplete, inconsistent, or ambiguous responses
A) coding B) data cleaning C) questionnaire checking D) editing
Kids between the ages of 8 and 14 are part of the tweens market segment
Indicate whether the statement is true or false
Cost of goods manufactured equals
A) total product costs incurred during the current period + beginning work in process - ending work in process B) direct materials cost + direct labor cost + overhead cost C) sales - cost of goods sold D) none of the these