Discuss five ways in which effective management of big data


Problem

The TDX company is a car manufacturer in South Africa that specializes in a variety of passenger cars, from fast convertibles to big multi-person vehicles. The bulk of vehicles, with the exception of convertibles cars, are produced for inventory rather than for specific client orders. The cars are manufactured by TDX in South Africa and shipped to locations around the world, particularly in European nations. Due to its slow response to the markets need for specific vehicle types in recent years. TDX has suffered in the fiercely competitive business. Decrease sales and rising stock levels are the results of this.

Task

i. Discuss five ways in which the effective management of Big Data can improve the speed of decision-making for TDX Company. (Make sure you apply your facts to the scenario provided)

ii. Explain the ways in which information (IS) and Information Technology (IT) might help TDXs human resources function perform its role effectively (Make sure you apply your facts to the scenario provided)

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Operation Management: Discuss five ways in which effective management of big data
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