Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Address various aspects of some of these questions around Data Driven Decisions. I've listed some areas here for you to consider researching / discussing. Is

Address various aspects of some of these questions around Data Driven Decisions. I've listed some areas here for you to consider researching / discussing.

Is there really such a thing as a data driven decision? How do data driven decision help you in problem solving, which allow us tofind solutions via info gathering, critical thinking, and quantitative logic (definethe problem,identify root causes, identify solutions, choose the best, implement & verify the solution).

Describe for me how we can use data to drive business growth? What are some ways you like to see data represented and how does it help you with decision making, e.g., Data Representation - Flowcharts, Scatter Diagrams, Histogram, Cause/Effect diagrams, Affinity Diagrams, Matrix Diagrams. Is there a role for a decision making matrix in conducting data driven decisions? Is qualitative analysis useful fordata driven decision making? What is your approach to data gathering? How do we assess data accuracy if we are using this data for data driven decisions?

Don't try to answer all of these....pick a few that interest you, or that you want to learn more about, or that you know something about, and share with me.And don't forget to include a discussion on how DDDM would have impacted your decision making inTargeted Attack: The Game (trendmicro.com)during the simulator.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Welcome To Hospitality An Introduction

Authors: Kaye Chon, Kye Sung Chon

3rd Edition

1428321489, 9781428321489

More Books

Students also viewed these General Management questions