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Differentiate between terms information and data

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Reference no: EM133149596

Question 1

Define what a knowledge worker is and discuss the significance of the knowledge worker in today's business world. Explain

Question 2

Describe a situation in which having access to large amounts of information had a positive impact on your decision making. Explain

Question 3

Give an example of each of the following: a quantitative basis for making a decision and a qualitative basis for making a decision. Explain

Question 4

Define and differentiate between the terms information and data. Explain

Question 5

Describe a time you have performed a what-if analysis? Explain.

Question 6

Describe the general model of problem-solving presented in the text. What are the three main phases and the different analysis steps involved? Explain

Question 7

What role can Excel play in decision making? Explain

Question 8

Describe a situation in which having access to large amounts of information had a negative impact on your decision making. Explain

Question 9

What should you consider before building a spreadsheet model? Explain

Question 10

What is the relationship between problem solving and decision making? Explain.

Reference no: EM133149596

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