Data can potentially be used as a strategic asset, capable of yielding sustainable competitive advantage. imperfect imitability is not a characteristic of a potential strategic asset.
Within the pursuit of information, statistics are a collection of discrete values that deliver records, describing the quantity, excellent, reality, records, other fundamental gadgets of that means, or absolute sequences of symbols that may be further interpreted.
Data is an individual price in a group of statistics. In computing, information is recorded that has been translated into a form that is efficient for motion or processing. Relative to ultra-modern computer systems and transmission media, information is statistics converted into binary virtual shapes.
it is desirable for facts to be used as a singular challenge or a plural subject. data can come in the form of text, observations, figures, pictures, numbers, graphs, or symbols. for instance, facts might include individual prices, weights, addresses, long time, names, temperatures, dates, or distances. statistics is an uncooked form of know-how and, on its own, would not carry any significance or reason.
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