Asked by Jackson Boone on May 14, 2024
Verified
List and describe the nine issues that make managing data so difficult. Discuss how your university may struggle with each issue. Now evaluate how a business like Amazon may struggle with each issue.
Managing Data
The process of acquiring, validating, storing, protecting, and processing required data to ensure its accessibility, reliability, and timeliness.
Amazon
An American multinational technology company primarily focused on e-commerce, cloud computing, digital streaming, and artificial intelligence, one of the world's largest online marketplaces.
- Comprehend the challenges and strategies for managing data.
Verified Answer
Amount of data increasing - more new students every year, more employees, need to keep all the data on students (transcripts) , etc.; hopefully new customers placing new orders
Data are scattered - lots of different systems (class management, payment, hospital, registration, etc.) ; Amazon has to deal with different suppliers - maybe third party inventory systems aren't as up-to-date (so customers may get an "out of stock" message after they place an order when inventory was available at the time of the order)
Data are generated from multiple sources o Internal - grades, paychecks, etc.; Amazon's corporate databases or documents o Personal - Facebook, memes, etc.; Amazon's employees have opinions and customers can write reviews o External - government reports (if public), university website, etc.; other websites referencing Amazon
Data degrade - employees moving, students moving (in-state vs. out-of-state), etc.; customers moving, etc.
Data rot - storing data in less than ideal places (lots of paper for most universities); same for Amazon
Data security, quality, integrity - protecting social security numbers, grades; protecting customer credit card information
Diverse systems that deal with specific business processes - most universities probably have many, many systems that need to be maintained; they may have specific systems for managing orders, inventory, and credit card numbers
Federal regulation - FERPA, HIPAA; SOX
Too much unstructured data - social media causes problems for both of these
Learning Objectives
- Comprehend the challenges and strategies for managing data.
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