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Unformatted text preview: 4. data mining softwares: revealas patterns that are not known previously--> i.e correlation between the purchase of beers and diapers in u.s walmart 5. how airmiles attract customers? --> give points to credit card users in return for creativities--> attract credit card users so that they can build up consumer models (buying behaviour of customers). In the end, airmiles will sell this information which is solely based on data mining to a firm which values this data. 6. online meeting rooms--> reduce cost of sending representatives to meet business partners\ 7. telecommuting --> working from home a. advantage: less distraction, more effective b. disadvantage: no social bond Sheet1 Page 2 all workers/ employees are expected...
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This note was uploaded on 04/25/2010 for the course MANAGEMENT MGM 100 taught by Professor Appleyard during the Fall '10 term at University of Toronto- Toronto.
- Fall '10