Sure Pass Exam E3 PDF

As technology advances over time, the size of datasets that qualify as 'big data' will also increase.

The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.

Sufficient analytical and managerial talent is available to exploit the opportunities associated with 'big data'.

'Big data' will require the right infrastructure, incentives and safeguards to address public concerns.

Cost reductions because of lower overheads and cheaper procurement.

Better control of information through monitoring website activity.

Easier access to loan finance.

An increased use of tacit knowledge.

A reduction in labour turnover and higher morale.

Increased online revenues.

It may attract ethically aware customers.

It is a straightforward and easy method for measuring targets.

It is easy to quantify the environmental measures included

It can ensure consistency in maximising stakeholder goals

lt can result in cost savings.

Negotiate with the key stakeholders to achieve an acceptable compromise.

Conduct research into the causes of the stakeholders' objectives.

Offer to fully address one group of stakeholders' objections now with a promise to meet the other groups' objections in the future

Threaten to close down the business unless the objectors withdraw their opposition

Publish more information about the new strategy including its profit potential.

Exercise the Board of Directors' power and implement the strategy despite the objections.