Fundamentals of Information Systems
9th Edition
ISBN: 9781337097536
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 10, Problem 4DQ
Program Plan Intro
Mention if the banks sharing our information with others financial institutes who advise us with different services should be prohibited or is it useful in some situations.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Every company and individual needs personal data. As a leader, what dangers do you face while handling sensitive information? Future strategies.
AXA OYAK, a Turkish insurance company, is preventing fraud with an SAS Social CRM solution. All customer-related data is integrated with a unified and coordinated corporate vision. They were able to clean up the customer data and conduct more thorough analysis. This aided them in identifying and correcting data inconsistencies. Cleaner data also allowed AXA to perform more accurate customer analysis and investigate fraudulent claims more efficiently. Recent trends in insurance fraud detection include:its computer science ques dont reject if you dont know ans
Which of the following is an improper use of data collected by a business or organization?
A) calculation of a credit score
B) control customer precipitation and need
C) obtain a competitive advantage
D) identification and contact of customers
Chapter 10 Solutions
Fundamentals of Information Systems
Ch. 10 - Prob. 1LOCh. 10 - Prob. 2LOCh. 10 - Prob. 3LOCh. 10 - Prob. 4LOCh. 10 - Prob. 5LOCh. 10 - Prob. 6LOCh. 10 - Prob. 7LOCh. 10 - Prob. 8LOCh. 10 - What is the harm in nonproductive use of...Ch. 10 - Prob. 1.2RQ
Ch. 10 - Prob. 1.1CTQCh. 10 - Prob. 1.2CTQCh. 10 - Prob. 2.1RQCh. 10 - Prob. 2.2RQCh. 10 - Prob. 2.1CTQCh. 10 - Prob. 2.2CTQCh. 10 - Prob. 3.1RQCh. 10 - Prob. 3.2RQCh. 10 - Prob. 3.1CTQCh. 10 - Prob. 3.2CTQCh. 10 - Prob. 4.1RQCh. 10 - Prob. 4.2RQCh. 10 - Prob. 4.1CTQCh. 10 - Prob. 4.2CTQCh. 10 - Prob. 1SATCh. 10 - Prob. 2SATCh. 10 - Prob. 3SATCh. 10 - Prob. 4SATCh. 10 - Prob. 5SATCh. 10 - Prob. 6SATCh. 10 - Prob. 7SATCh. 10 - Prob. 8SATCh. 10 - Prob. 9SATCh. 10 - Prob. 10SATCh. 10 - Prob. 11SATCh. 10 - Prob. 12SATCh. 10 - Prob. 13SATCh. 10 - Prob. 14SATCh. 10 - Prob. 15SATCh. 10 - Prob. 16SATCh. 10 - Prob. 1RQCh. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Prob. 7RQCh. 10 - Prob. 8RQCh. 10 - Prob. 9RQCh. 10 - Prob. 10RQCh. 10 - Prob. 11RQCh. 10 - Prob. 12RQCh. 10 - Prob. 1DQCh. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQCh. 10 - Prob. 6DQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10DQCh. 10 - Prob. 1PSECh. 10 - Prob. 2PSECh. 10 - Prob. 1WECh. 10 - Prob. 2WECh. 10 - Prob. 3WECh. 10 - Prob. 1CECh. 10 - Prob. 2CECh. 10 - Prob. 3CECh. 10 - Prob. 1.1CSCh. 10 - Prob. 1.2CSCh. 10 - Prob. 1.3CSCh. 10 - Prob. 2.1CSCh. 10 - Prob. 2.2CSCh. 10 - Prob. 2.3CS
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- What is the main challenge that big data has brought to businesses? a. Storing the expensive data b. Storing various streams of data in individual silos. c. Turning data into valuable customer insight. d. Turning data into tangible assetsarrow_forwardA Turkish insurance company, AXA OYAK, is using a Social CRM solution provided by SAS to prevent fraud. Here, all the customer-related information is integrated with a single and coordinated corporate vision. Theywere able to clean up the customer data and perform better analysis. Thishelped them find and correct inconsistencies in the data. Cleaner data alsoprovided AXA to perform customer analysis more accurately and investigatefraudulent claims more efficiently. Recent trends in the area of insurancefraud detection are:arrow_forwardIdentify two examples of real-world problems that you have observed in your personal, academic, or professional life that could benefit from data driven solutions. Explain how you would use data/statistics and the steps you would take to analyze each problem. You may also choose topics below (or examples from the weekly content) to help support your response: Productivity at work. Financial decisions and budgeting. Health and nutrition. Political campaigns. Quality testing in products. Human resource policies. Algorithms for programming/coding. Accounting & financial policies. Crime reduction and trends. Environmental protection / Emergency preparedness.arrow_forward
- Question 2 Tshepo is a visionary leader with great ideas for his group of companies. But his background is in electronic engineering, not software development. He has decided that he needs to understand most of the jargon around databases and datamodels before he will feel comfortable with participating in the process to design the carbon accounting database. Answer his questions below, providing examples that are relevant to ACME Technologies wherever possible. Q.2.1Tshepo wants to know what the difference is between one‐to‐many, many‐to‐ many and one‐to‐one relationships. For each of the below relationships, provide an explanation of what it is and a relevant example. Q.2.1.1One‐to‐many relationship. Q.2.1.2 Many‐to‐many relationship. Q.2.1.3 One‐to‐one relationship. Q.2.2Two interns were overheard arguing over which notation to use for entity relationship diagrams – Crow’s Foot, Chen or Unified Modelling Language (UML). It would be useful to see the three types of diagrams next to…arrow_forwardIn this day and age of widespread digitalization, the need of taking strong measures to protect sensitive customer data is difficult to exaggerate. Give us the details of what you know about the situation.arrow_forwardDiscuss some of the benefits of big data and how organizations are utilizing those benefits. Consider some of the ethical issues that could result from the misuse of big data such as using big data to deny healthcare coverage. Discuss your thoughts on whether the benefits derived from big data are worth the potential discriminatory bias. Research to find examples to support your thoughts.arrow_forward
- Kaiser Permanente researchers have used the patient record database to make numerous significant discoveries in the areas of preventing whooping cough, determining the correlation between HPV vaccination and sexual activity in young girls, improving cancer detection methods, avoiding blood clots in women taking birth control pills, and lowering cholesterol. Do you believe that researchers who are not affiliated with Kaiser Permanente should have access to this valuable data? Should researchers be charged to access this data in order to assist offset the continuous costs of system upgrades?arrow_forwardCase Two: Mercy’s Big Data Project Aims to Boost Operations Making the most of the data it collects is a challenge for any organization, and those in the healthcare industry are no exception. Based in St. Louis, Missouri, Mercy health system includes 46 acute care and specialty hospitals, with more than 700 outpatient facilities and physician practices in Arkansas, Kansas, Missouri, and Oklahoma. With more than 40,000 employees, including over 2,000 physicians, Mercy’s vision is to deliver a “transformative health experience” through a new model of care. With such ambitious goals, Mercy has a compelling interest in harnessing the power of the data it collects. To do so, the health system needed to overhaul is data-management infrastructure and move into the world of big data. My question is: Explain how the three characteristics of big data (volume, velocity, and variety) apply to the data being collected by healthcare providers such as Mercy.arrow_forwardInvestigate the use of persuasive technology in financial literacy education. How can it empower individuals to make informed financial decisions and improve their financial well-being?arrow_forward
- What kinds of problems do you think big data will cause in the health care business when it comes to sharing info?arrow_forwardYou have been tasked to create a business performance dashboard for a business in Dillsburg – Bob’s Bank and Septic Service. Bob need to understand how his business is performing on a single web page. What reporting mechanisms would you use to present data? Given the need for current data, what data sources would you use?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
Fundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Management Of Information SecurityComputer ScienceISBN:9781337405713Author:WHITMAN, Michael.Publisher:Cengage Learning,
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Management Of Information Security
Computer Science
ISBN:9781337405713
Author:WHITMAN, Michael.
Publisher:Cengage Learning,