data management analysis

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tbcv.xbaqn8055

Business Finance

Description

WHAT:You will be writing three Discussion posts per week. Your main post must be two to three substantive paragraphs (250+ words) and include at least two reference/citations. Please follow up with two subsequent replies to colleagues. Each reply should consist of a relevant paragraph containing 50 words or more.

WHY: Discussion questions are designed for you to demonstrate your knowledge and understanding of the weekly material. The Discussion format assists with development of communication skills and critical thinking necessary for success in the modern workplace.

HOW:Your postings should be substantive, demonstrate independent thought relevant to the topic, and encourage continued discussion. Please avoid simply repeating previous posts and agreeing. Provide supporting evidence of your ideas and opinions through the use of personal or work examples, relevant articles or websites, or concepts covered in the week’s readings.

Discussion Question: Data can be used to show historical trends, and therefore used to make decisions for future events or activities. However, such decisions are still not without risk. What are some of the risks involved in making business decisions based on future projections determined from historical data?

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Explanation & Answer

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Running head: DATA MANAGEMENT ANALYSIS

Data Management Analysis
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DATA MANAGEMENT ANALYSIS

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Data Management Analysis
Business decision making process plays a crucial and critical role in applying the results
of data analysis to improve processes. However, these processes are everywhere but in decision
management, the concentration adjusts from automation and administration of business rules to
business decisions. Fo...


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