A look at the need for data collection and analysis tools, and the various relevant applications.
Written in 2005; 675 words; 3 sources; $ 26.95
Paper Summary:
This paper discusses three articles on data collection and analysis tools and their applications. This includes data mining, data warehousing and software packages used in the collection. This paper also analyzes the needs of the business upon which the correct data collection and analysis tools are selected.
From the Paper:
"Business today has more and more need for external consultants to use data collection and analysis tools in order to make assessment of business operations and processes. Many of the methods used today are computer-based, including software that does much of the job but still requires an able human operator to make decisions and input the correct information. Various analysts have made assessments of these methods to see how they are used and how effective they may be. Such tools are also used for analyzing performance in education, for assessing public programs, and for other tasks requiring a decision as to the value of a program or process. Bielski (2001) discusses the use of CRM, or Customer Resource Management system, which is used to track customer purchases while providing access to customer information using the computer. "
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