533 Assessment 2
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Apr 3, 2024
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Assessment 2: White Paper
Assessment Task 2: White Paper (60%)
Word Count: 3,000 excluding references
After reading your discussion paper (Assessment 1), the executive leaders
of the organization have approached you seeking your expertise. They have asked you to prepare a white paper discussing how the organization can use big data to drive decision-making in the business. As part of the white paper, you will also present recommendations to guide the effective
implementation of a data-driven management approach. Your white paper
should address the foundations of a data-driven approach, technologies such as Artificial Intelligence (AI), and potential ethical issues.
Aligned with Learning Outcomes:
1 -
Justify
the use of big data to support data-driven decision-making
.
[KS
1.1, KS 1.2]
4 -
Investigate and recommend
data-driven strategies that
address ethical, privacy, and security
data governance conundrums. [HO 2.2, SE 5.1]
5 –
Communicate
research and recommendations in written form to a professional audience [PC 3.1]
Possible structure of the paper (paraphrased from
https://www.editorgroup.com/blog/write-a-white-paper-that-works/
Links to an external site.
):
introduce the purpose of the white paper.
Identifies a key focus for the client (e.g., the problem you want to
solve/thing you want to achieve).
discusses opportunities and challenges of a data-driven approach
with reference to aspects of the client’s business context (here are some things that are relevant to you).
provides recommendations for action (e.g., what should be done).
outlines associated ethical conundrums and strategies to address
them (e.g., how to implement the recommendations in an ethical
manner).
provides the next step for readers/summarises key messages.
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Related Questions
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Related Questions
- Please original work: Decision Support Systems (DSS) Veterans Affair as a Budget Analyst. How DSS is used in your organization (VA). Could the DSS that is currently in use be improved? Why or why not? one scholarly referencearrow_forwardconduct a critical evaluation and research to identify two operational risks that led to the collapse of Capital Bank International in Grenada and CL Financial Group in Trinidad & Tobago. Supported the analysis with relevant news clips or publications. Provide suggestions for mitigating these operational concerns. Provide references or in-text citations in these cases. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forwardDoctoral students engage in a very complex and sustained objective when developing ideas and methodologies for their dissertations. Discovering a research topic is critically important. A significant amount of self-awareness and motivation is essential in selecting a valid topic that has value within the literature and is personally rewarding. It is also essential to avoid getting too attached to a topic in which you may have preconceived assumptions. The final topic and potential problem statement should be derived from the literature, not a personal mission. Understanding how the topic defines the data type required and, therefore, the methodology selected is also critical. In this reflection, describe your topic of interest and your motivations for exploring this phenomenon.arrow_forward
- Think of a time when a business had to present a proposed project to a decision maker. How would they have applied data-driven presentations in that case?arrow_forwardStrengths and weaknesses are: a) internal to the organization, and they include factors that would either build up or drag down the firm's pertormance /b) extemal to the organization, and it is easy to gain information about them, c) extemal to the organization, and they include factors that would affect the company's performance but are typically out of the company's control. d) internal to the organization, and it is difficult to gain information about themarrow_forwardIn the present business environment, the best decisions are the ones that are informed decisions. Such decisions are based on collecting and analyzing good data. In order to properly measure, for example, the customers' preferences regarding a product, it is important for a survey to ask the correct questions and in the correct manner. What are the advantages and disadvantages of conducting a face-to-face interview compared with a less personal approach such as having someone fill out a questionnaire online? What are the advantages and disadvantages of having structured questions compared with unstructured questions? What are the advantages and disadvantages of asking open-ended responses compared with structured responses? What are some alternative response strategies? Justify your answers using examples and reasoning.arrow_forward
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- Read the case study and answer one of the questions. Please put which question you are answering at the top of your reply. Answers should be at least 1 paragraph. Please use proper punctuation and capitalization in your answers.arrow_forwardIn precise terms: 1. What is business analytics? What is the processes and problems? Give illustrations. 2. What are the differences and similarities of data collection and data mining? Give illustrations. 3. What are the differences and similarities of descriptive, diagnostic, predictive and prescriptive? Give illustrations.arrow_forwardAssume the role of a management consultant intern whose services are required to help a growing company who are facing various challenges. You are required to produce a business report which addresses the various issue and includes clear recommendations.arrow_forward
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SEE MORE QUESTIONS
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Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub