Case Solve 5.1:
INTERACTIVE SESSION: MANAGEMENT
SHOULD YOU USE YOUR IPHONE FOR WORK?
Case Solve 5.2:
INTERACTIVE SESSION: ORGANIZATIONS
NORDEA GOES GREEN WITH IT
Case No. 6.1
INTERACTIVE SESSION: TECHNOLOGY
BIG DATA, BIG REWARDS
Case No. 6.2
INTERACTIVE SESSION: TECHNOLOGY
BIG DATA, BIG REWARDS
1. Submitted To :
Ayesha Akhter
Assistant Professor
Department of Finance
Jagannath University,
Dhaka
Submitted By :
Rakib Hasan
Department of Finance
Jagannath University,
Dhaka
Submission Date : 04/07/2018
3. Q.1: What are the advantages and disadvantages of allowing
employees to use their personal smartphones for work?
The advantage of allowing employees to use their personal smartphone for work
allows for employers to spend less money on equipment. The disadvantages of
allowing employees to their personal smart phone for work are there are many
mobile platforms available, a significantly large amount of IT resources would
have to be dedicated to managing and maintaining a large number of devices in
an organization, and the absence of an effective way to keep track of all the
devices employees are using.
4. Q.2: What management, organization, and technology factors
should be addressed when deciding whether to allow
employees to use their personal smartphones for work?
Factors that should be addressed include how the devices will be used to
perform operational duties. Time management and productivity has to be
addressed. The organization has to decide if the use of the employee’s personal
device would be beneficial to the company in regards to productivity and
overhead cost. From a technical standpoint, a sound IT system has to be created
in order to maintain as well as provide support to the employees for their
specific mobile device.
5. Q.3: Allowing employees to use their own smartphones for work
will save the company money. Do you agree? Why or why not?
Allowing employees to use their own smartphones for work will save money
with upfront cost but over the course of time, it may cost more to maintain a
sound system with the many platforms that are currently available. The creation
of applications that work on multiple mobile platforms may be beneficial but
only if the system is restructured.
7. Q.4: What business, personal, and social costs are involved when
traveling by airplane between Copenhagen and Helsinki?
Business: Expensive for the company.
Personal: Time consuming and energy for the person.
Social: Frequent travelling means less time with family and friends, and less time
for oneself.
It also cause environmental pollution.
8. Q.5: How can it be both the culprit and the solution to
environmental problems?
Solution to environmental problems:
Creating more technologies that can reduce travelling times.
For examples: video conferencing, teleconferencing, and others.
Culprit to environmental problems: IT can be a culprit security purposes or
break downs.
9. Q.6: What are the arguments against corporate social
responsibility?
These are the obstacles of IT going green, and the idea of changing people's
behavior and well established practices. In general people do not like change,
because of the expected uncertainty.
10. Q.7:Why should firms be engaged in making the world more
sustainable?
Sustainable world mean stable minds. Firms are there for the people. People
work in these firms. Therefore this can result to efficient output. For example: In
parallel to the World Sustainable Energy Days, the Energies premise, an
exhibition and trade show dedicated to renewable energy sources and energy
efficiency, is held. It attracts around 100,000 visitors and around 1,000 exhibiting
companies.
11. Q.8 : What business benefits do cloud computing services
provide? What problems do they solve?
Cloud computing is a system in which software programs and applications are
accessed and used virtually through an Internet connection. Its benefits are:
Can store large amounts of data and information
Helps us build a large database
Can help us to quickly find the desired information.
This improves the work efficiency.
12. Q.9: What are the disadvantages of cloud computing?
Possible downtime without internet connection
Security in the Cloud
Inflexibility
Lack of support
Technical Issues
13. Q . 10 :How the concepts of capacity planning, scalability, and
TCO apply to this case? Apply these concepts both to Amazon
and to subscribers of its services ?
Capacity planning is the process of predicting when a computer hardware system
becomes saturated to ensure that adequate computing resources are available for work of
different priorities and that the firm has enough computing power for its current and
future needs. Indeed, Amazon must plan its future needs to be capable of providing
sufficient computing power for both AWS and Amazon retail services, a lack of which will
result in the a fore mentioned rejection by subscribers.
1. Total Cost Ownership (TCO) is a financial estimate intended to help buyer
and owners determine the direct and indirect cost of a product or system.
2. Amazon must provide hardware capacity planning and scalability. With the
development of information technology, Amazon will have more and more
customers. Not just Amazon, but Amazon's customer requires a large
database to store a variety of data and information. This will help the
company grow. Amazon must bear the total TCO of its services, while
Amazon is also needed to maintain the profitability of the company.
However, the services' subscribers benefit from not having to worry about
these issue
14. Q. 11:What kinds of business are most likely to benefit from
using cloud computing. Why?
More cost-effective.
Application.
Data lost prevention
Collaborative businesses.
16. Q1: Describe the kinds of big data collected by the organizations
described in this case.
There are mainly four kinds of big data collected by the organizations:
IBM Big sheets help the British Library to handle with huge quantities of
data and extract the useful knowledge from their Web sites .
Real Time Crime Center data warehouse, IBM and New York City Police
Department (NYPD) work together to create the warehouse.
Vestas implemented a solution consisting of IBM Info Sphere Big Insights
software running on a high-performance IBM System x iDataPlex server.
Using big data solution Hertz analyze consumer sentiment from Web
surveys, emails, text message an Web site traffic patterns.
17. Q2: List and describe the business intelligence technologies
described in this case.
IBM Big sheets is an insight engine that helps extract, annotate, and visually
analyze vast amounts of unstructured Web data, delivering the results via a Web
browser.
The Real Time Crime Center data warehouse contains millions of data points on
city crime and criminals. Vestas relies on location-based data to determine the
best spots to install their turbines.
18. Q3: Why did the companies described in this case need to
maintain and analyze? What business benefits did they obtain?
The company needed to maintain and analyze big data because traditional
data management methods proved inadequate to archive billions of Web
pages and legacy analytics tools couldn’t extract useful knowledge from such
quantities of data.
The business benefits for maintaining and analyzing big data are as follows:
◦ Competitive advantages
◦ Performance Enhancement
◦ Increase customer satisfaction
◦ Attract more customers and generate more revenue
◦ Improved decision making (faster & accurate)
◦ Excellence operational
◦ Reduced cost and time spent
19. Q4: Identify three decisions that were improved by using big
data.
Optimal uses of resources and operational time
Quick and effective decision making
Reduce operational cost and other related cost
20. Q5: What kinds of organizations are most likely to need big data
management and analytical tools? Why?
Organizations which responsible to store the huge information such as
national library, registration department, income tax department.
Authorities Organization such a police department, custom, immigration.
Which Organization want to go green need the big data management
22. Q1. What is the value of the CPSC database to consumers,
businesses, and the U.S. government?
Consumers: The database provides the public with access to the full repository
of product safety complaints the agency has received. Users can submit
complaints online directly into the database.
Businesses: A business can access the database to determine if any of its
products are listed, or to follow what consumers are saying about its
competitors’ products.
Government: It’s cheaper for the government to have consumers enter the
data rather than its own employees. It provides a consolidated location for all the
information about employees.
23. 2.What problems are raised by this database? Why is it so
controversial? Why is data quality an issue?
Problem: Some consumers might post false comments about a company to
destroy its reputation. Also, companies are worried about the occurrence of this
phenomenon.
Reasons to be controversial:
Anyone can access and post comments
Data mixed up and inaccurate reports
Difficult to verify true or false comment
Data Quality:The consumers post in the database what they think about the
product. Therefore, the companies need to maintain the product quality.
24. Q3 : Name two entities in the CPSC database and describe some
of their attributes.
First one is online website located at ‘www.safeproducts.gov’ and its attributes
are :
Online complaints Submission
Description of product
The name of the manufacturer
Second is collecting reports on defective products not only from consumers but
health care providers, death certificates, media accounts, and other resources. It
is used for deciding on product recalls and bans.
25. Q4. When buying a crib, or other consumer product for your
family, would you use this database? Why or why not?
Yes. Before I am going to buy a product, I always check online shopping place to
find detail information about this product, especially the previous buyers
comments. This kind of database would prove valuable to those consumers who
want a simple, fast way to research products they are going to purchase.