study: MBA Course Title: Marketing Research Course code: MBA 763 Assignment: Secondary Data Mat Number: 74168 Name: Abiona Timothy Olufemi What is Data Data is a collection of facts‚ such as numbers‚ words‚ measurements‚ observations or even just descriptions of things. 1.Information in raw or unorganized form (such as alphabets‚ numbers‚ or symbols) that refer to‚ or represent‚ conditions‚ ideas‚ or objects. Data is limitless and present everywhere in the universe. See also information and knowledge
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2 Areas of data processing 1. Business Data processing (BDP) . Business data processing is characterized by the need to establish‚ retain‚ and process files of data for producing useful information. Generally‚ it involves a large volume of input data‚ limited arithmetical operations‚ and a relatively large volume of output. For example‚ a large retail store must maintain a record for each customer who purchases on account‚ update the balance owned on each account‚ and a periodically present a
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Enhancing Customer Data Enhanced Customer Data Repository is a secure and fully supported data repository with problem determination tools and functions. It updates problem management records (PMR) and maintains full data life cycle management. · combination of all the internal structured business data (CRM‚ ERP‚ POS and all the internal system data) and external unstructured data ( Social media data‚ feedback surveys‚ Audios‚ Videos‚ streaming data‚ Call center data‚ images) · unmanageable volumes
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Big Data Management: Possibilities and Challenges The term big data describes the volumes of data generated by an enterprise‚ including Web-browsing trails‚ point-of-sale data‚ ATM records‚ and other customer information generated within an organization (Levine‚ 2013). These data sets can be so large and complex that they become difficult to process using traditional database management tools and data processing applications. Big data creates numerous exciting possibilities for organizations‚ but
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What are the 3 forms of business organization‚ and what are the advantages and disadvantages of each form? For a corporation‚ what is the overall goal of the financial manager? Do you agree with this goal? Why or why not? A business organization is defined as an entity created for the purpose of conducting an industrial or commercial enterprise (“Business organization‚” n.d.). The following are the most popular forms of a business organization: Sole Proprietorship (Brooks‚ 2013) Partnership
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Personal Self-Improvement Many individuals have presented information on how to enhance your life. These thoughts date back to the days of ancient Greek’s philosopher Aristotle and his viewpoints. These thoughts are also as new as Deepak Chopra’s 20th century viewpoints and everything in between. Despite the differences in time and culture‚ the way of thinking for personal life advancement has remained similar. These ideas‚ concepts‚ and techniques will contribute to my personal self-improvement including:
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Chapter 1 Exercises 1. What is data mining? In your answer‚ address the following: Data mining refers to the process or method that extracts or \mines" interesting knowledge or patterns from large amounts of data. (a) Is it another hype? Data mining is not another hype. Instead‚ the need for data mining has arisen due to the wide availability of huge amounts of data and the imminent need for turning such data into useful information and knowledge. Thus‚ data mining can be viewed as the result of the
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Continuous improvement in a management context means a never-ending effort to expose and eliminate root causes of problems. Usually‚ it involves many incremental or small-step improvements rather than one overwhelming innovation. From a Japanese perspective continuous improvement is the basis for their business culture. Continuous improvement is a philosophy‚ permeating the Japanese culture‚ which seeks to improve all factors related to the transformation process (converting inputs into outputs)
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Improvements on Animal Testing Over the years there has been several complaints across the Nation about how unfairly animals are treated in the laboratory. Animal testing and experimentations may have many flaws when this topic is discussed‚ but there has been multiple enhancements made over the years. The article “Save the Animals: Stop Animal Testing” written by Heather Dunnuck‚ describes the bad treatment of animals‚ what they suffer from and gives solutions on how to fix this occurring problem
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Data Security and Regulations SRK Abstract This paper discusses data security‚ its importance and implementation. The way threats are posed to information of organizations is also discussed. There are plenty of leakage preventive solutions available in the market. Few of them are listed in the paper. There is a list of regulations governing data security in financial and healthcare sector at the end. Data Security and Regulations As we are advancing into information age‚ more
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