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Description: Wall Street Journal Assistant Editor Jennifer Valentino-DeVries discusses the impact of software tools in a networked society. While the discussion centers on crime solving, the applications extend to business.


 

Source: WSJ.com

Date: November 4, 2011

Questions for discussion:

  1. All information is data, but not all data is information. Why is this statement true? How is software changing the balance between these two? How might these new software, if applied to business, affect the five criteria for usefulness?
  2. Software is becoming more sophisticated in terms of processing information. Can software replace managers as information processors and problem solvers? Be sure to incorporate systematic and intuitive thinking into your discussion.
  3. Discuss the value of software for data analysis and decision making in terms of structured problems/programmed decisions. What are the implications in terms decision-making bias?

 

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