fbpx

Techniques and tools for managing the data

Don't use plagiarized sources. Get Your Assignment on
Techniques and tools for managing the data
Just from $13/Page
Order Now

 

You have explored many options for managing data as well as its importance to the overall health of an organization in making well-informed decisions. Many organizations feel that they have to utilize powerful and expensive solutions, but there are also cheaper alternatives. For example, MS Excel can be a great tool to manage data and identify answers to any questions. Thus, whether your organization is big or small, all the tools need to be evaluated to determine the one that will work best, not only in managing the data but also in lowering the overall cost. Managing cost is important, as you do not want to implement a solution that will bankrupt the organization; that, in itself, is an ill-informed decision.

 

Using the Internet, research tools and techniques of managing data.

Respond to the following:

  • What would be some of the mistakes or consequences of not investigating the costs associated with the organization’s information systems (data collection) choice? Besides going bankrupt, what other effects could it have on the organization? Could it lead to bad decision making? Explain.
  • What systems does your organization utilize, either as a whole or per department? Is this solution effective? Why or why not? Is there a solution that would be more effective? If not, explain why.
  • With the various solutions available today, which one do you think would work best for you? Meaning, which of these solutions (such as MS Excel or a decision-support system)  would work best on the following criteria:
    • Ease of use
    • Interpretation of data
    • Sharing of data
  • Often, we think of business analytics as only for businesses. However, can any of these tools be used for personal decision making? Provide some examples of how you could utilize these tools.

Write your initial response in 300–500 words. Apply APA standards to citation of sources.

Recent Blog Posts

No recent articles to show.

Other Blog Posts

What are the key elements of an essay

You may clearly understand what an essay is and have had the experience of writing a number. However, it is […]

Feb 25th, 2022

How to write a research paper fast

The day inevitably comes; you need to submit your assignment. You have been procrastinating on writing your paper until the […]

Feb 24th, 2022

220+ best humanities research paper topics

Choosing a paper topic can be a daunting task for any assignment. A student may face agony trying to come […]

Feb 24th, 2022

How to write a media analysis essay

The media is an integral part of modern society. Think of what would happen to the world if there were […]

Feb 23rd, 2022

Great tricks on how to write a hypothesis in 2022

A hypothesis is a statement that can be proven by scientific research. It proves the theory of action and reaction, […]

Feb 22nd, 2022

How to get better at math

Math is not difficult. However, it is complex and tough compared to other subjects and requires a little bit more […]

Feb 22nd, 2022