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Guarantee good decisions on complex problems

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Reference no: EM132293614

A report by the World Economic Forum in Davos, Switzerland, "Big Data, Big Impact" declared data a new class of economic asset, like currency or gold. Big data has been widely applied in various industries to help managers make decisions. However, (a) is big data alone enough to guarantee good decisions on complex problems? Please explain your views; (b) based on your answer to the previous question, what are the implications for organisations?

Reference no: EM132293614

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