2 How are data and information different? 3 What are the three benefits that a strong information system will bring to an organization? 4 What is the Productivity Paradox? It is an observation made in business process analysis that increase in investment in information technology does not guarantee increase in productivity. 5 What is an extranet? What are some advantages of Extranets? 6 What is an intranet? It is a network used with in an organization to share information. 7 What are the three decision-making levels within an organization and describe the type of information needed at each level. 8 What is an ERP? Describe. 9 What is SCM? Describe. 10 What is CRM? Describe. 11 What are relevant issues related to information accessibility, privacy, and the ethical use? 12 Describe typical security attacks and ways to defend against them. Business Analytics concerns not only the analysis of data, but also the systems that collect, store, assure data integrity, and manage the data. It is impossible to conduct a "good" analysis if the data to be analyzed is not of high quality--primarily meaning secure and accurate. Answer the questions that follow as you learn about the process of transforming data into information. Data is defineed as set of raw information that represent an object, conditions, ideas and any form of informations. They can be in many forms such as symbols, signals, alphabets or numbers. For example in order to represent diversity of students in class as per cultures will be presented in the following format- name Prashant Deswal - Country India- culture HIndu. ID number 900864366 Data is refered to as unprocessed and unorganized facts that is random in nature. Information is the outcome of data being processed and organised and drives to a conclusion. competitive advantage over others. B) Information- It provides a detail and report and condition of the current situation. It provides many information which helps an organization in their operations. C) Automation- It makes the process of evaluation the current situation less time consuming. As by using data and the infomation system a company can get to know the required details about the situation in very less time. Extrant is known as a computer network enabling controlled access outside organization network. It is used to share part of business's information or operation with suppliers, vendors, or other businesses. Strategical or Executive- It is involves long range plans and strategies. The decisions are based on cost, goal, resources and path set in order to achieve the goal in a larger picture. 2) Tactical or Managerial- It involes a break down of long range goals into mid level. It consists of decisions taken at a mid level in order to achieve the long term goal. 3) Operations- It is the short term activities based on dad to day needs of operation in order to support goals set by managers.
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- Fall '15