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Assignment 1 The world s most valuable resource is no longer gold, but data. Smartphones and the internet have made data abundant, ubiquitous and far
Assignment
The worlds most valuable resource is no longer gold, but data. Smartphones and the internet have made data abundant, ubiquitous and far more valuable. Modern algorithms can predict when a customer tends to buy, the overdraft cycle, credit worthiness of customers among others.
Meanwhile, artificial intelligence techniques extract more value from data. As firm accumulate datainformation which transforms into knowledge, finance managers will want to use andor share that knowledge.
Required
a Discuss the relevance of bigdata analytics to finance decisions
b Highlight how the bigdata analytics, robotics and artificial intelligence can be used to manage agency cost presented by finance manager decisions
c From the perspective of efficient market hypothesis discuss the relevance of bigdata analytics
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