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Study Resources (Business Management)

  ANSWERS TO APPLICATION CASE QUESTIONS FOR DISCUSSION?  ?   Application Case 1.1: Sabre Helps Its Clients Through Dashboards and Analytics 1. What is traditional reporting? How is it used in organizations? 2.How can analytics be used to transform traditional reporting? 3. How can interactive reporting assist organizations in decision making?     .
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  Application Case 1.5: Analyzing Athletic Injuries 1. What types of analytics are applied in the injury analysis? 2.How do visualizations aid in understanding the data and delivering insights into the data? 3. What is a classification problem? 4. What can be derived by performing sequence analysis?     .
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  ANSWERS TO END OF CHAPTER QUESTIONS FOR DISCUSSION?  ?  ? 1.Give examples for the content of each cell in Figure 1.2. 2.Survey the literature from the past six months to find one application each of DSS, BI, and analytics. Summarize the applications on one page and submit it with the exact sources. 3.Observe.
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  Section 3.10 Review Questions   ANSWERS TO APPLICATION CASE QUESTIONS FOR DISCUSSION?  ?   Application Case 3.1: A Better Data Plan: Well-Established TELCOs Leverage Data Warehousing and Analytics to Stay on Top in a Competitive Industry 1. What are the main challenges for TELCOs? 2.How can data warehousing and data analytics help TELCOs in overcoming their.
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  ANSWERS TO END OF CHAPTER APPLICATION CASE QUESTIONS?  ? 1. Explain why solving the empty container logistics problem contributes to cost savings for CSAV. 2. What are some of the qualitative benefits of the optimization model for the empty container movements? 3.What are some of the key benefits of the forecasting model in.
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  Section 3.4 Review Questions 1.What are the key similarities and differences between a two-tiered architecture and a three-tiered architecture? 4.What issues should be considered when deciding which architecture to use in developing a data warehouse? List the 10 most important factors. 1.Information interdependence between organizational units 2.Upper management’s information needs 3.Urgency of need for a.
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  Application Case 1.2: Eliminating Inefficiencies at Seattle Children’s Hospital 1. Who are the users of the tool? 2.What is a dashboard? 3. How does visualization help in decision making? 4. What are the significant results achieved by the use of Tableau?     .
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  ANSWERS TO END OF CHAPTER APPLICATION CASE QUESTIONS?  ? 1. Why did Nationwide need an enterprise-wide data warehouse? 2.How did integrated data drive the business value? 3. What forms of analytics are employed at Nationwide? 4. With integrated data available in an enterprise data warehouse, what other applications could Nationwide potentially develop?     .
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  Section 2.2 Review Questions 1.What are the various aspects of decision making? 2.Identify similarities and differences between individual and group decision making. 3.Define decision style and describe why it is important to consider in the decision-making process. 4.What are the benefits of mathematical models?     .
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  ANSWERS TO APPLICATION CASE QUESTIONS FOR DISCUSSION?  ?   Application Case 2.2: Stations Casinos Wins by Building Customer Relationships Using Its Data 1. Why is this decision support system classified as a data-focused DSS? 2.What were some of the benefits from implementing this solution? Application Case 2.4: From a Game Winner to a Doctor! 1. What.
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Section 3.1 Review Questions 1. Why is it important for Isle to have an EDW? 2. What were the business challenges or opportunities that Isle was facing? 3. What was the process Isle followed to realize EDW? Comment on the potential challenges Isle might have had going through the process of EDW development.     .
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  Section 3.3 Review Questions 1.Describe the data warehousing process. The data warehousing process consists of the following steps: 1.Data are imported from various internal and external sources 2.Data are cleansed and organized consistently with the organization’s needs 3.a.Data are loaded into the enterprise data warehouse, or b.Data are loaded into data marts. 4.a.If desired, data marts are.
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  Section 2.6 Review Questions 1.Explain the difference between a principle of choice and the actual choice phase of decision making. 2.Why do some people claim that the choice phase is the point in time when a decision is really made? 3.How can sensitivity analysis help in the choice phase?     .
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  5.Even though implementation of a decision involves change, and change management is very difficult, explain how change management has not changed very much in thousands of years. Use specific examples throughout history. 6.Your company is considering opening a branch in China. List typical activities in each phase of the decision (intelligence,.
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  Application Case 1.3: Analysis at the Speed of Thought 1. What are the desired functionalities of a reporting tool? 2.What advantages were derived by using a reporting tool in this case? Application Case 1.4: Moneyball: Analytics in Sports and Movies 1. How is predictive analytics applied in Moneyball? 2.What is the difference between objective and.
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  Application Case 1.6: Industrial and Commercial Bank of China (ICBC) Employs Models to Reconfigure Its Branch Network 1. How can analytical techniques help organizations to retain competitive advantage? 2.How can descriptive and predictive analytics help in pursuing prescriptive analytics? 3. What kinds of prescriptive analytic techniques are employed in the case study? 4. Are.
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