Definition: The Global Positioning System (GPS) is a network of satellites, ground stations, and receivers that provide precise location and time information anywhere on the Earth’s surface. GPS works by using signals from satellites to determine the position of a receiver on the ground and can provide accuracy within a few meters.
Why It Matters: GPS is used in many applications, such as navigation, mapping, surveying, and monitoring the movement of people, vehicles, and assets.
How It Works: Performance and implementation are generally evaluated using industry-standard tracking tools and technical audits. This process often closely interacts with concepts like Nielsen DMA.
Related: Nielsen DMA, Nash Equilibrium, Deep Networks