Impact of Data-Driven Innovation on Management Information
0.0(0)
Studied by 0 people
Learn
Practice Test
Spaced Repetition
Match
FlashcardsCard Sorting
1/3
There's no tags or description
Looks like no tags are added yet.
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
4 Terms
1
New cards
Increased Volume and Variety
providing richer insights into business operations.
2
New cards
Enhanced decsison quality
Access to comprehensive and timely data enables more accurate forecasting, risk assessment, and strategic planning.
3
New cards
Competitive advantage
Organisations leveraging data analytics can identify market trends and customer preferences more effectively
4
New cards
Challenges
The abundance of data requires effective management as to not cause information overload.
Note 
Flashcards (39)