What is suggested as a reason why companies collect more data?

Question

Question 5 options:

To reduce their operational costs.

To create longer tests for better algorithms.

To minimize user engagement.

To improve user interface design.

Answer 1

The most appropriate answer to the question of why companies collect more data is:

To reduce their operational costs.

Collecting data can help companies identify inefficiencies, streamline processes, and ultimately reduce costs. While other options might be relevant in specific contexts, improving operational efficiency is a primary reason many companies focus on data collection.