Important when engaged in data-driven decision making

Assignment Help Operation Management
Reference no: EM132191263

a. Think about the amount of data that is collected about you every day. Make a list of various technologies and information systems you engage with, and the organizations that use these technologies, systems, and services to learn more about you. Does this information serve you better as a consumer? What, if any, concerns does broad data collection leave you with?

b. Define the following terms: table, record, field, relationship. Provide another name for each term along with your definition.

c. Why is an understanding of database terms and technologies important, even for non-technical managers and staff? Consider factors associated with both system use and system development.

d. What other skills, beyond technology, may be important when engaged in data-driven decision making? Why?

e. What is meant by “data relevance”? What is meant by “data governance”? What is the difference between a data mart and a data warehouse? Why are data marts and data warehouses necessary? Why can’t an organization simply query its transactional database?

Reference no: EM132191263

Questions Cloud

Options for you in the hospitality industry : In Australia, What are some career options for you in the hospitality industry? What are conditions like working in hospitality?
Customers-stockholders-employees and community : Look at the situation from the perspective of all groups concerned: customers, stockholders, employees, and community and not just your opinion of the situation
International corruption similar to eigen : Can you think of any other social corporate activists who have stood up to international corruption similar to Eigen?
Explain the cultural dynamic presented within the show : Explain the cultural dynamic presented within the show, as well as the influence of that cultural dynamic on the show's characters.
Important when engaged in data-driven decision making : What other skills, beyond technology, may be important when engaged in data-driven decision making? Why?
Describe relevant legislation pertaining to the minority : Describe relevant legislation pertaining to the minority group.
Franchisor changes the terms of their fran­chise agreement : Does a franchisee have any recourse when a franchisor changes the terms of their fran­chise agreement? Explain in details.
Create brief job description for future managers : In 144 characters or less, create a brief job description for future managers.
Define the change you were influenced to make : Describe the situation, the change you were influenced to make, who influenced you, and the nature of the influence. Apply the ELM model.

Reviews

Write a Review

Operation Management Questions & Answers

  Examine the significant manner to protects the rights

Determine whether or not victim impact statements add value during sentencing and parole hearings. Provide a rationale for your response.

  For decentralized decision making to be successful

For decentralized decision making to be successful, it should be predicated on a belief that

  Advantage of franchising and group boycott occurs when

Which of the following is an advantage of franchising? A group boycott occurs when:

  Developed tailored erp systems for many different industries

SAP is a world leader in ERP systems software and has developed tailored ERP systems for many different industries.

  Describe the relationship-unfair to employers

Have you ever been part of an agency relationship as an employee, employer, etc.? Describe the relationship, even if it was implied. Also, explain why the doctrine of respondeat superior is fair or unfair to employers.

  What is your estimate of the stock current price

A company currently pays a dividend of $3.5 per share (D0 = $3.5). It is estimated that the company's dividend will grow at a rate of 17% per year for the next 2 years, then at a constant rate of 8% thereafter. The company's stock has a beta of 1.5, ..

  Identify how changes in the external environment

Identify how changes in the external environment may affect the OM strategy for a company - The occurrence of a major storm or hurricane

  Collecting information about the systems performance

Your IM or KM system has been running for some time. You think that the organisation should now be collecting information about the system’s performance. Your colleagues disagree. They feel that the system is supported by well-conceived policies and ..

  Describe the activities required for organization simulation

How would you improve twitter's web site to make it friendlier for large advertisers? Describe the activities required for an Organization Simulation.

  What is socially responsible buying

What is socially responsible buying? What is the psychological contract between an employee and his or her employer? When conducting a social audit, a company should avoid doing all of the following except. Which of the following types of employees m..

  Recruitment and selection activities within high-performance

Recruitment and selection activities within a high-performance organization include three of the following. Which is not a recruitment and selection activity within a high-performance organization? Which of the following statements about expert syste..

  Employee monitoring-surveillance are actually good things

Based on this research, do you think employee monitoring and surveillance are actually good things?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd