Assignment:
For each of the topics do the following:
• What three datasets or topics listed do you think would be most helpful to a business owner and why?
• What type of information could help you in strategizing for a new business?
Assume you are the associate dean for the one college in MBA program. In 3 page paper, identify the critical data that should be captured and then available to you to manage and grow the business? Provide three examples of decisions that would be made based on the data. How will you collect and store the data?
Discussion - Twitter Information Technology tools that can predict sales for the coming week, decide when to increase inventory, and determine when additional staff is required are extremely valuable. Twitter and other social-media sites have become great tools for gathering business intelligence on customers, including what they like, dislike, need, and want. Another technology across several tools is hashtags. For example we hear about trending hash tags. Good businesses turn this valuable information into intelligence spotting trends and patterns in customer opinion. - Do you agree that a business can use Twitter or hashtags to gain business intelligence? Provide an example of a company using it to gain BI? How do you think Twitter uses a data warehouse? How do you think companies store Twitter information?