{"id":9029,"date":"2020-09-30T09:09:18","date_gmt":"2020-09-30T09:09:18","guid":{"rendered":"https:\/\/papersspot.com\/blog\/?p=9029"},"modified":"2020-09-30T09:09:22","modified_gmt":"2020-09-30T09:09:22","slug":"discussion-5-data-812-discussion-group-2","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2020\/09\/30\/discussion-5-data-812-discussion-group-2\/","title":{"rendered":"Discussion 5: Data &#8211; 812 Discussion Group 2"},"content":{"rendered":"\n<p>Throughout this course, we have extensively used different data, graphical, and tabular analyses. Data are essential to understand the cost and production structure of businesses. Data also help firms understand the needs of their customers and the demand for their products. Firms shape their business strategies based on data. In recent years, digital information is commonly available to many firms. It is known that this information is expected to be very valuable. However, firms are still trying to understand how they can use this huge amount of raw digital information, especially about current and potential customers, in an efficient way.&nbsp; The article attached gives information about the importance of data and how data shape the new economy. The whole article is very interesting and contains valuable information about the importance of data, but it would be enough you to read the first five pages of the article to answer the discussion questions listed below.<\/p>\n\n\n\n<p><strong>Article:<\/strong> <a href=\"https:\/\/www.economist.com\/news\/briefing\/21721634-how-it-shaping-up-data-giving-rise-new-economy\" target=\"_blank\" rel=\"noreferrer noopener\">Data Is Giving Rise to a New Economy&nbsp;(Links to an external site.)<\/a> <em>(The<\/em> <em>Economist<\/em>, printed edition: May 6, 2017)<\/p>\n\n\n\n<p>You can find the article here too:&nbsp;<a href=\"https:\/\/psu.instructure.com\/courses\/2013985\/files\/101737166\/download?wrap=1\">Discussion 5 &#8211; Fuel of the Future: Data Is Giving Rise to a New Economy<\/a><a href=\"https:\/\/psu.instructure.com\/courses\/2013985\/files\/101737166\/download?wrap=1\"><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Directions<\/h2>\n\n\n\n<p>Please discuss all of the following questions in your initial discussion submission:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>The article explains the value of data for businesses, how data are collected, and how these collected data have been used by different companies. Please list a couple of them. Which example do you think is the most interesting? Why? Explain your answer. &nbsp;&nbsp;<\/li><li>Please discuss the importance of data for your current or prospective job\/business. Does your firm collect any data? How are they collected? Please suggest different ways of using collected information in an effective way to increase the success of the business. Explain your answer. Try to find some examples.&nbsp;&nbsp;<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Participation Expectations<\/h2>\n\n\n\n<p>Your initial discussion submission to the questions above must be <em>at least 400 words<\/em> and specifically reference some concept or content from the&nbsp;lesson. You must complete your initial comment <em>by the end of Lesson 14<\/em>. Please note that you cannot edit, change, or delete your submissions. Thus, please double-check your submission before you submit it.<\/p>\n\n\n\n<p>After completing your initial submission, you will be able to see the comments by your peers. Read these posts and reply to <em>at least two<\/em> students by providing them with suggestions to improve their answers, making comments or asking questions about their comments. Peer responses should reflect one or more of these types: (1) agreement with extension, (2) an alternative perspective with rationale, or (3) a respectful challenge with counterargument. Each of your peer responses are expected to be <em>at least<\/em> 100 words (in total at least 200 words). You must complete your peer comments <em>by the end of Lesson 15<\/em>.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Rubric<\/h2>\n\n\n\n<p>The weight of the assignment is 4% of the final grade. Please note that the accompanying rubric will be used for your complete submissions, including the initial comments and peer comments. To view the rubric, click the <strong>three dots icon<\/strong> toward the top right of the page, and select <strong>Show Rubric<\/strong>. Seventy percent of your grade is for initial comments, and 30% of your grade will be for peer comments. If you don\u2019t respond to peer comments, you will lose 30% of your discussion grade.\u00a0 This topic was locked Dec 15, 2019 at 11:59pm.<\/p>\n\n\n\n<p><span class=\"has-inline-color has-pale-cyan-blue-color\">WE&#8217;VE HAD A GOOD SUCCESS RATE ON THIS ASSIGNMENT. PLACE THIS ORDER OR A SIMILAR ORDER WITH US AND GET AN AMAZING DISCOUNT<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/homeworkaider.com\/wp-content\/uploads\/2019\/11\/weer.png\" alt=\"This image has an empty alt attribute; its file name is weer.png\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Throughout this course, we have extensively used different data, graphical, and tabular analyses. Data are essential to understand the cost and production structure of businesses. Data also help firms understand the needs of their customers and the demand for their products. Firms shape their business strategies based on data. In recent years, digital information is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9029","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/9029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=9029"}],"version-history":[{"count":1,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/9029\/revisions"}],"predecessor-version":[{"id":9030,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/9029\/revisions\/9030"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=9029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=9029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=9029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}