Data becomes valuable information when it is processed and analyzed, allowing businesses to make informed decisions. In this case, analyzing the customer feedback can help the company understand customer needs, improve products, and potentially increase customer satisfaction and sales. Simply collecting data without analyzing it does not add value to the business. Hence, options about data volume and storage costs are incorrect, as they do not inherently determine the value of the raw data.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
How can analyzed customer feedback lead to product improvements?
Open an interactive chat with Bash
What methods can be used to analyze customer feedback effectively?