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Question: Why would a business be data rich


Why would a business be data rich and information poor?


> How can a business use a reputation system?

> What is the difference between closed source and open source?

> What are the four primary characteristics of Web 2.0?

> What are the benefits and challenges associated with Web 2.0?

> What is the difference between information richness and information each?

> Using business intelligence to gain a competitive advantage is at the top of every CIO’s list. Following are a few examples of how companies are using data to gain valuable business intelligence. Ben & Jerry’s These days, when we all scream for ice crea

> Explain the different types of feasibility studies a project manager can use to prioritize project importance.

> Explain the goals of the Project Management Institute and identify three key terms associated with PMBOK.

> What are the risks associated with outsourcing?

> What are the different types of outsourcing available for a project?

> Why is gathering business requirements a challenge for most projects?

> Why would a project manager use Gantt and PERT charts?

> Why would a project require an executive sponsor?

> Why would a company want to implement an employee relationship management system?

> How can a company use partner relationship management to create a successful business?

> How can a marketing department use CRM to improve operations?

> What is a paradigm shift and what is its relation to ebusiness?

> Sales departments can use customer service and support, sales force automation, contact management CRM, and opportunity management CRM.

> What is the difference between operational and analytical CRM?

> What role does the project manager play in determining a project’s success?

> Do you agree that every business needs to focus on customers to survive?

> Why are customer relationships important to an organization? Do you agree that every business needs to focus on customers to survive in the information age?

> What are the five types of AI systems? What applications of AI offer the greatest business value?

> What is artificial intelligence?

> What are the common DSS analysis techniques?

> Slack’s business model is simple: Be Less Busy. It’s hard to imagine any busy professional not coveting those simple words. Slack’s promise is to make business professionals more productive by eliminating meetings and emails. Can you imagine a life witho

> Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin isn’t just a currency, like dollars or euros or yen. It’s a way of making payments, like PayPal or the Visa credit card network. Bitcoins ca

> What is the difference between ebusiness and ecommerce?

> Slack’s business model is simple: Be Less Busy. It’s hard to imagine any busy professional not coveting those simple words. Slack’s promise is to make business professionals more productive by eliminating meetings and emails. Can you imagine a life witho

> Have you ever seen the movie Terminator in which machines take over the world? Do you think that scenario could ever come true? Researching the Internet of Things makes you wonder if robots can gain self-consciousness, making the possibility of them taki

> Have you ever seen the movie Terminator in which machines take over the world? Do you think that scenario could ever come true? Researching the Internet of Things makes you wonder if robots can gain self-consciousness, making the possibility of them taki

> It is a dream come true when you can make an incredible salary doing what you love, and that is exactly what is happening in the gaming industry. To the gamer’s delight, profitable careers can be found for people with design, development, and programming

> Explain the four primary traits that determine the value of information.

> Describe Web 3.0 and the next generation of online business.

> Explain the three challenges associated with Business 2.0.

> Describe the three Business 2.0 tools for collaborating.

> Explain how Business 2.0 is helping communities network and collaborate.

> Explain Web 2.0, and identify its four characteristics.

> What is the different between sustaining and disruptive technology?

> Identify the three current trends extending customer relationship management.

> Differentiate operational and analytical customer relationship management.

> Describe customer relationship management along with its importance to a business.

> Describe artificial intelligence and identify its five main types.

> Classify the different operational support systems, managerial support systems, and strategic support systems, and explain how managers can use these systems to make decisions and gain competitive advantages.

> Explain the importance of decision making for managers at each of the three primary organization levels along with the associated decision characteristics.

> Identify the three different types of outsourcing along with their benefits and challenges.

> Identify the primary project planning diagrams.

> Explain project management and identify the primary reasons projects fail.

> Explain the different wireless network business applications.

> Describe the different wireless network categories.

> Explain why an organization would want to integrate its databases.

> Explain the business benefits of a data-driven website.

> Identify the business advantages of a relational database.

> Describe a database, a database management system, and the relational database model.

> June is the perfect time of year to reflect on the current state of all the key projects that were approved in January. At this stage, you and your management team should have enough data to know if each initiative will successfully meet its objectives.

> Ray Markovich started driving a taxi in Chicago three years ago after shutting his struggling wireless phone store. Driving a cab wasn’t particularly gratifying or lucrative—he had to pay $400 a week just to lease his white 2011 Ford Escape. It was predi

> The number one reason projects fail is bad business requirements. Business requirements are considered “bad” because of ambiguity or insufficient involvement of end users during analysis and design. A requirement is unambiguous if it has the same interpr

> Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin isn’t just a currency, like dollars or euros or yen. It’s a way of making payments, like PayPal or the Visa credit card network. Bitcoins ca

> One good way to learn how to develop successful systems is to review past failures. One of the most infamous system failures is Denver International Airport’s (DIA) baggage system. When the automated baggage system design for DIA was introduced, it was h

> Why would a marketing department want a data mart instead of just accessing the entire data warehouse?

> The Walt Disney Company offers a MagicBand to all customers vising their parks. The MagicBand is a wristband with an RFID chip that transmits over 40 feet to track real-time information on customer locations throughout its park. The magic of this data is

> Stars Inc. is a large clothing corporation that specializes in reselling clothes worn by celebrities. The company’s four websites generate 75 percent of its sales. The remaining 25 percent of sales occur directly through the company&aci

> What does a classroom look like in 2030? Can you imagine a beautiful steel robot flying around your classroom helping to answer questions and ensure you understand the material? A telepresence robot is a remote-controlled, wheeled device with a display t

> Virtual reality is the use of computer technology to create a simulated environment. Unlike traditional user interfaces, VR places the user inside an experience. Instead of viewing a screen in front of them, users are immersed and able to interact with 3

> In his presidential inauguration speech, President Barack Obama spoke a word rarely expressed— data—referencing indicators of economic and other crises. It is not surprising that the word data was spoken in his inauguration speech because capturing and a

> Imagine working 10 years to become the lead marketing executive at a large retail organization only to find that your competitor is invading your market share by 20 percent each year. You quickly decided to launch several online marketing promotions whil

> Imagine working 10 years to become the lead marketing executive at a large retail organization only to find that your competitor is invading your market share by 20 percent each year. You quickly decided to launch several online marketing promotions whil

> Imagine working 10 years to become the lead marketing executive at a large retail organization only to find that your competitor is invading your market share by 20 percent each year. You quickly decided to launch several online marketing promotions whil

> Which project management methodology would you choose to run your systems development project?

> Why is loose coupling and interoperability important to SOA?

> What is the difference between business intelligence and data?

> What is a service?

> What is a service-oriented architecture?

> What is the scrum methodology?

> How many gates are included in the RUP methodology?

> What do rapid application development, extreme programming, and the rational unified process all have in common?

> If you started on a new software development project and the project plan was using the waterfall methodology, would you remain on the project? Why or why not? What could you do to prepare your project better for success?

> It is a dream come true when you can make an incredible salary doing what you love, and that is exactly what is happening in the gaming industry. To the gamer’s delight, profitable careers can be found for people with design, development, and programming

> Summarize the different software development methodologies.

> Explain why a company would implement a service-oriented architecture.

> Scratch is a visual programming language that is perfect for anyone learning to code. Scratch creates programs by connecting blocks of code by using a drag-and-drop GUI so users do not have to type programming languages. Users can simply select colored b

> Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Bitcoin isn’t just a currency, like dollars or euros or yen. It’s a way of making payments, like PayPal or the Visa credit card network. Bitcoins ca

> Compare Porter’s three generic strategies.

> Explain systems thinking and how management information systems enable business communications.

> Describe the information age and the differences between data, information, business intelligence, and knowledge.

> Summarize the importance of enterprise resource planning systems.

> Explain customer relationship management systems and how they can help organizations understand their customers.

> Explain supply chain management and its role in business.

> Identify how an organization can use business process reengineering to improve its business.

> Describe Porter’s Five Forces Model and explain each of the five forces.

> Explain why competitive advantages are temporary along with the four key areas of a SWOT analysis.

> Demonstrate how a company can add value by using Porter’s value chain analysis.

> Slack’s business model is simple: Be Less Busy. It’s hard to imagine any busy professional not coveting those simple words. Slack’s promise is to make business professionals more productive by eliminating meetings and emails. Can you imagine a life witho

> What are the phases in the systems development life cycle?

> What is the systems development life cycle?

> What is the purpose of the balanced scorecard?

> How can metrics be used to measure the success of supply chain management systems and CRM systems?

> What is the difference between CSFs and KPIs?

> What is the difference between MIS efficiency metrics and MIS effectiveness metrics?

> Why would a company want to have a CIO, CPO, and CSO?

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