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Electronic Commerce Name: Raśl Armando Acosta Salas Due: October 9th 2003 Assignment 1: Data Mining Questions: · Why is data mining becoming an important element in EC? First of all is important to say that Data Mining is the process of analyzing data from different perspectives, besides, is the process that helps to extract hidden information of a big quantity of databases, also it permit to summarize it and use it to increase revenue, costs, time, or a combination of this three factors. Its an important element of the electronic commerce because nowadays the information and data are the most important factor in business, so managing information and data it is possible to get competitive advantages that will be useful in business, and will make the difference with the competition · How is it used in learning about consumer behavior?
Approximate Word count = 362
Approximate Pages = 1.4
(250 words per page double spaced)
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