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