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ITM 100 Lecture Notes - Data Warehouse, Business Intelligence, Explicit Knowledge

41 views4 pages
taupewombat306
11 May 2011
School
Ryerson University
Department
Information Technology Management
Course
ITM 100
Professor
Ron Babin

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ITM 100 Full Course Notes
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ITM 100 Full Course Notes
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Document Summary

analyzing data f/ a wide array of business sources. Financial info how company performing (sales data) knowing name, addresses of customers = use excel access database = oracle. diff f/ database = store indiv records = operational. will be highly involved in the use and analysis of business data. Structure right management of data create val in long term and make decisions. Data - raw = computers, easily replaced by automating and outsourcing. Information structured, data when sorted and organized, easily replaced by automating and outsourcing ex: separate based on gender, population = computers. Knowledge - put understanding, and how to use info = humans. ppl come and go, ppl quite = t oday = we are highly mobile = company need to org data in new ways. b4 = ppl are staying a lot, and view employment as longterm.

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Related Questions

Which of the following statements is true about data marts?

  1. A data mart is like a distributor in a supply chain, while a data warehouse can be compared to a retail store.
  2. Data marts address the needs of a particular department or functional area of business.
  3. Data mart's users possess the data management expertise that data warehouse employees have.
  4. Data marts are larger than data warehouses.

Checking the competitive advantage potential of cross-business strategic fit involves:
 
A) evaluating a diversified company's profitability relative to competitors.
 
B) examining a company's costs relative to the costs of its chief rivals in the industry.
 
C) determining if there are opportunities to exploit outsourcing opportunities by a diversified company's lineup of businesses.
 
D) considering what competitive value can be generated from a strategic fit.
 
E) evaluating how much benefit a diversified company can gain from cross-business value chain matchups and resource sharing.
A company that uses an organizational structure based on _____ uses functional groupings.
a. Product type
b. Business activities such as marketing, finance, and R&D
c. Areas of geographic location
d. Method of distribution
e. a specific type of customer