After opening a new branch in the Midwest your company is an

After opening a new branch in the Midwest your company is analyzing buying patterns to determine the relationship between various items purchased. Which of the follow best describes this situation?

A. Data mining

B. Knowledge management

C. Data warehouse

D. Data standards

Solution

A. Data mining. It is the process of analyzing data to find and understand patterns and relationships about the data. Answers B, C, and D are incorrect. Knowledge management seeks to make intelligent use of all the knowledge in an organization. A data warehouse is a database that contains data from many different databases. Whereas data standards provide consistent meaning to data shared among different information systems.