Find and describe at least three technological components

Assignment Help Operation Management
Reference no: EM13791977

Over the years, technology has not only changed the way individuals utilize it but also how organizations utilize it. As each generation of technology improves and changes, the availability of technology in the field of business analytics also changes. Therefore, businesses need to do all they can to keep current with these trends and ensure their staff is current as well.

Internet, research the latest technology that is being utilized in the field of business analytics for data-driven decision making. Select at least 2 scholarly sources for use in this assignment.

Complete the following:

Find and describe at least three technological components that are required for data-driven decision making. Be sure to explain how each component is relevant to business analytics.

Describe how a company would implement each of these components of technology. Explain the purpose and how it would be utilized within the company. Explain any other considerations that should be taken into account.

Reference no: EM13791977

Questions Cloud

About methadone maintenance treatment helpful or harmful : Methadone Maintenance Treatment-Helpful or Harmful
Functioning of the most prevalent type : Also often referred to as company or corporations law, corporate law can be defined as the set of authorized rules governing the functioning of the most prevalent type of the current business enterprises. Various entities such as the stakeholders,..
Prepare a proposal suggesting how to maximize profits : Prepare a one page paper that includes your solutions to the table, your recommendation action, and justification supporting your recommendation.
Important for a company to follow a strict budget : Is it important for a company to follow a strict budget even though they may be experiencing phenomenal profits? Do you think there will a bias towards greed when creating the budget for this company? Explain. How does management greed come influence..
Find and describe at least three technological components : Find and describe at least three technological components that are required for data-driven decision making. Be sure to explain how each component is relevant to business analytics.
Assignment on analyzing a social policy : Analyzing a Social Policy
Write on balancing penn foster studies with work and family : Write about Balancing Penn Foster studies with work, family, and other activities and responsibilities. Each paragraph employs a pattern of development that was covered in the reading for this lesson.
Running a business online : Example writing prompts and topics that could be discussed in the essay:
Calculate the own price elasticity : Calculate the own price elasticity - the absolute value of the own-price elasticity of sneakers

Reviews

Write a Review

Operation Management Questions & Answers

  Assignment on warehouse move project

Build the extra time into your schedule by doubling the installation work timelines for both the framing and drywall. Your project plan should also be updated with the new 3-week timeline for obtaining permits. Use the project plan you created for..

  Identify key activities that will be required to complete

What kinds of management information systems will be useful in conducting these activities?

  Input to the production plan

Which of the following is an input to the production plan?

  Financing statement to perfect the interest

Steve owns a car. He decides that he needs a loan in order to improve his house, so he goes to Liv. He agrees to give Liv a security interest in the car in exchange for $4,000. Two weeks later he decides that he needs more money.

  Suppose that the agent expects both daytime and evening call

Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of call minutes for daytime calls) would she be indifferent between plans A and B?

  Implementation plan including contingency plans

Implementation plan including contingency plans for identified risks

  Discuss how too much social cause marketing

Discuss how too much social cause marketing can affect consumer's decision-making process and post-purchase behavior

  Determine the optimal number to minimize expected cost

There are approximately 300 customers shopping in Fackert Department Store in Mexico City between 9 a.m. and 5 p.m. on Saturdays. All those entering the store will make purchases.

  Compute the expected value of perfect information

The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code.

  Estimate the break even point

A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day.

  Review the competencies required of hr management

Review the competencies required of HR management and recommend at least two additional areas in which HR managers should be competent.

  Write about the contract management process

Write an outline of your research topic paper. This outline can follow the following format as far as section headings. But you do not have to follow it. You can add more sections. But there must be at least four sections highlighted by * and section..

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