Discussions on the importance of data-driven insight

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Reference no: EM132328051 , Length: word count : 1250

Resit Assessment : Individual Essay

Essay topic: Data mining will render management science redundant?

Resit assessment : Outline, Assessment Criteria and Feedback

Individual essay: "Data mining will render management science redundant

In recent years, there have been many discussions on the importance of data-driven insight in increasingly digital economy. This requires companies to be able to collect, process and learn from big (and small) data.

There is a range of evidence showing that companies utilising data mining turn out to be more profitable. Some even argue that data mining will render management science and management theory redundant. The opposition on the other hand argues that theory is here to stay and that sound research should always start with a hypothesis.

We want you informed take on this debate. For this purpose you need to write an essay that will discuss both positions and come up with an informed and well justified conclusion.

The essay's title is: "Data mining will render management science redundant?" Your analysis should use contemporary evidence alongside academic literature and must also reflect on technological, managerial and scientific issues pertaining to data mining. Your conclusions and views should be informed by the analysis that you conduct.

Length and format: 1,250 words (±10%) in MS Word or PDF

Reference no: EM132328051

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Discussions on the importance of data-driven insight : Use contemporary evidence alongside academic literature and must also reflect on technological, managerial and scientific issues pertaining to data mining.
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Reviews

len2328051

6/25/2019 10:31:46 PM

Excellent analysis that illustrates an exceptional understanding of the link between theory and practice. A wide range of concepts and practical information used to produce a concise and critical evaluation. Conclusion and recommendations are strong and fully integrating theory and practice. Recommendations are not limited to scope of proposed argument but have potential to be generalised i.e. are practical and demonstrate solid understanding of the issues pertaining to data mining. Logical based on prior analysis, fully supported and clearly thought through evident from supporting materials and points. Harvard referencing used both in text and at the end of report correctly. A very wide range of up to date, good quality references used. An excellent and well-balanced mix of both industrial reports and academic sources used. References list provided in Alphabetic order.

len2328051

6/25/2019 10:31:37 PM

The essay is written and presented in a professional manner (i.e. outstanding). All fundamentals of good presentation are effectively addressed. The essay is structured logically written succinctly and sign-posting used throughout. Clear evidence of thorough research of the topic area and a wide range of academic and contemporary sources used to inform. No spelling or grammatical Excellent description of all elements of the case. Outstanding use of literature both academic and contemporary practice to build proposed arguments. Focused fully on the task and fully and well referenced.

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