critically analyze the tools that are used for Report generating for executive level, management level (periodic and ondemand) from internal and/or external data of an organization for faster decision mak
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critically analyze the tools that are used for Report generating for executive level, management level (periodic and ondemand) from internal and/or external data of an organization for faster decision making.
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- What is the knowledge / information the Management can get from Dashboard to do unstructured decision making?Explain the concept of contribution and limiting factors and how it can be effectively used in decision making and explain what you understand by Budgets, Fixed Budgets and Flexible Budgets in the context of control and performance evaluation of an organization of your choice.Define the relationship between data and information Define the relationship between information and knowledge How can information transform into knowledge? What role does quality information play in decision making? Please explain in detail. Define and describe knowledge, information and data in a general sense, as well as providing specific examples for a business of your choice. Describe how the current technology in use assists the use of the knowledge, information and data and how useful are the three for better output. Propose how the knowledge needed in jobs contributes to organisational and personal operational efficiency and strategy.
- Which of the following is correct about SWOT analysis? a. Weakness and threats are external factors to the business b. Strength and weakness are internal factors to the business. c. Strengths and opportunities are internal factors to the business d. threat is internal and weakness is external1. What type of data source would the company’s own historical data be? Identify other possible data sources that the research team might use to examine the current marketplace for residential broadband services in a city such as Ashland. 2. What type of data collection techniques might the team employ? 3. In their suggestions and directions, the AMS managers have named a number of possible variables to study but offered no operational definitions for those variables. What types of possible misunderstandings could arise if the team and managers do not first properly define each variable cited?What types of information are used to make a decision?
- What are the key distinctions between operational data and decision-making information?Approach Your Data with a Product Mindset. - David, J., Nussbaum, D., & Troyanas, K. (2020). Approach your data with a product mindset. Harvard Business Review.Topics of Discussion 1. Describe the importance of data visualization in driving business value. 2. Compare and contrast two data visualization tools, focusing on their use at the managerial level.n HCI one must be well versed with the critical roles of the following team members as regards good and well-composed outputs. a) Development Team b) Human factors team c) Visual Design team d) Usability assessment team e) Documentation team f) Training team Elaborate each team's roles showing any unforeseen challenges that they might encounter.
- Anne Hathawayy is a data analyst at a marketing company who is responsible for providing support to the reporting functions of an internal management support system. Which of the following is not true regarding designing a management support system? -Do not be consistent with reports and visualizations -Clearly define objectives -Make it fast -Identify what upper management needsOpportunities and threats are: a) identified as part of the firm's tactical planning process. b) factors that are external to the firm but can still affect its performance C) factors that are internal to the firm and those over which the firm has a great deal of control. d) dealt with primarily in a furm's operational planning process.What factors should organizations consider when implementing data lakes for real-time data analytics and decision-making?