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 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 data$/$information which transforms into knowledge, finance managers will want to use and$/$or 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