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A company is currently at the stage of organising the data which is captured within the big data process. What will they need to do next in order to complete all stages?

Select ALL that apply.

Options:

The data will need interpreting, so it can be used to answer questions and help illustrate results

The data will need to be illustrated in a clear and digestible format

A search system will need to be implemented in order to search across the vast data landscape

Data must be shared, allowing the relevant people access to the information produced

The type of data needed will be identified and proxosion made for recording it

Proxosion needs to be made to retain the vast amounts of information the big data process produces

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Question 2

A low cost airline is operating three flights a day between two industrial cities in neighbouring countries. The cities are 300 km apart and the terrain between the two countries is mostly flat grasslands. The two cities are also linked by motorways and a railway line.

At first the airline enjoyed first mover advantage and generated healthy profits for three years. But more recently, the airline is experiencing intense competitive pressures, reduced passenger numbers and lower returns. The airline directors are using Porter's Five Forces framework to analyse the nature and severity of the various competitive forces being experienced.

In the context of this model which of the following forces would be considered as a threat of a substitute product or service?

Options:

High speed rail connection between the two cities

National airlines competing in low cost markets

Foreign airline now offering a service on this route

Corporate customers driving down ticket prices

Question 3

The advantages of effective delegation include which THREE of the following?

Options:

Workloads of managers are reduced with subsequent reduction in stress.

The aspiration through eventual promotion of subordinates who accept delegated duties must be met.

Managers are left free to carry out non-routine tasks while passing on more routine tasks to subordinates.

Training of subordinates is assisted by the delegation of tasks and is thus a very effective method of training.

Effective delegation can be achieved by assigning agreed tasks, specifying performance levels and ensuring they are understood.

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