How does a database turn data elements into information

Assignment Help Management Information Sys

Reference no: EM131916619

Assignment 1 - Case Study

Gathering Business Intelligence

When consideration new business opportunities, you need knowledge about the competition. One of the things many new business owners fail to do is gather business intelligence on their competitors, such as how many there are and what differentiates each of them. You may find there are too many and that they would be tough competition for you. Or, you may find that there are few competitors and the ones who are out there offer very little value.

Generate a new business idea you could launch on the Internet. Research the internet to find similar business on the area you have chosen. How many sites did you find that are offering the same products or services you are planning to offer? Did you come across ant sites from another country that have a unique approach that you did not see on any of the sites in your own country? How would you use this information is pursuing your business idea?

Assignment 2 - Review Questions

1. How does a database turn data elements into information?

2. Why does a business need to be concerned with the quality of its data?

3. How can data governance help protect a business from hackers?

4. Why would a company care about the timeliness of its data?

5. What are the five characteristics common to high-quality information?

6. What is data governance and its importance to a company?

7. What are the four primary traits that help determine the value of information?

8. What is the difference between an entity and an attribute?

9. What are the advantages of a relational database?

10. What are the advantages of a data-driven website?

11. What is a data warehouse and why would a business want to implement one?

12. Why would you need to use multidimensional analysis?

13. What is the purpose of information cleansing (or scrubbing)?

14. Why would a department want a data mart instead of just accessing the entire data warehouse?

15. Why would a business be data rich but information poor?

Reference no: EM131916619

Questions Cloud

Pick an industry where there is a dominant firm : Pick an industry where there is a dominant firm. Assume that you are the CEO of that firm. What specific measures would you take to deter entry, if any?

Model of aggregate demand and aggregate supply : Explain the short-run and long-run impacts of oil price fall on output and price level in the U.S. in 1986, using the model of aggregate demand and aggregate

What are the different types of pressures : CECE 3100 - Fluid Mechanics - What are the different types of pressures? Give the relationship between these types in mathematical form and graphical form.

Consuming a particular good : Suppose you are consuming a particular good and you could somehow give back the last unit you consumed.

How does a database turn data elements into information : How does a database turn data elements into information? What are the five characteristics common to high-quality information

Discuss about a topic that pertains to a relevant policy : select a topic that pertains to a relevant policy, political issue or process. By relevant I am referring to two things: contemporary .

Identify web-based resources for sequencing interventions : Identify print or web-based resources that you are using or may incorporate into the strategies for sequencing interventions. The aim is primarily to reflect.

Changes in the consumer price index : Suppose that labour contracts specify that the nominal wage be fully indexed for in ation.

Oil prices poised to hit sweet spot for global economy : How should we expect the cost of oil to affect the cost of producing gasoline, diesel and other oil-based products

Reviews

len1916619

3/27/2018 2:05:24 AM

You need to do assignment 1 & 2. There are no requirements for words. As long as your answers are answering questions, it is fine. For assignment 1 - only case study 4 is required and for assignment 2 - Questions 1-15 are required. No references required for assignment 2.

Write a Review

Required(*) Message

User Account

All Pages