Assignment 1: Discussion—Techniques and Tools for Managing the Data
You have explored many options for managing data as well as its importance to the overall health of an organization in making well-informed decisions. Many organizations feel that they have to utilize powerful and expensive solutions, but there are also cheaper alternatives. For example, MS Excel can be a great tool to manage data and identify answers to any questions. Thus, whether your organization is big or small, all the tools need to be evaluated to determine the one that will work best, not only in managing the data but also in lowering the overall cost. Managing cost is important, as you do not want to implement a solution that will bankrupt the organization; that, in itself, is an ill-informed decision.
Using the Argosy University online library resources and the Internet, research tools and techniques of managing data.
Respond to the following:
What would be some of the mistakes or consequences of not investigating the costs associated with the organization’s information systems (data collection) choice? Besides going bankrupt, what other effects could it have on the organization? Could it lead to bad decision making? Explain.
What systems does your organization utilize, either as a whole or per department? Is this solution effective? Why or why not? Is there a solution that would be more effective? If not, explain why.
With the various solutions available today, which one do you think would work best for you? Meaning, which of these solutions (such as MS Excel or a decision-support system) would work best on the following criteria:
Ease of use
Interpretation of data
Sharing of data
Often, we think of business analytics as only for businesses. However, can any of these tools be used for personal decision making? Provide some examples of how you could utilize these tools.
Write your initial response in 300–500 words. Apply APA standards to citation of sources.
By the due date assigned, post your response to the appropriate Discussion Area. Through the end of the module, review and comment on at least two peers’ responses. Consider the following in your response:
Provide a statement of clarification or a point of view with rationale.
Challenge a point of discussion or draw a relationship between one or more points of the discussion.
Grading Criteria and Rubric
Quality of initial posting, including fulfillment of assignment instructions
Quality of responses to classmates
Frequency of responses to classmates
Reference to supporting readings and other materials
Language and grammar
At Solution Essays, we are determined to deliver high-quality papers to our clients at a fair price. To ensure this happens effectively, we have developed 5 beneficial guarantees. This guarantees will ensure you enjoy using our website which is secure and easy to use.
Most companies do not offer a money-back guarantee but with Solution Essays, it’s either a quality paper or your money back. Our customers are assured of high-quality papers and thus there are very rare cases of refund requests due to quality concern.Read more
All our papers are written from scratch and according to your specific paper instructions. This minimizes any chance of plagiarism. The papers are also passed through a plagiarism-detecting software thus ruling out any chance of plagiarism.Read more
We offer free revisions in all orders delivered as long as there is no alteration in the initial order instruction. We will revise your paper until you are fully satisfied with the order delivered to you.Read more
All data on our website is stored as per international data protection rules. This ensures that any personal data you share with us is stored safely. We never share your personal data with third parties without your consent.Read more