Question
In: Computer Science
Invent a fictitious company in one of the following industries and describe the relationship between data as a corporate resource and the company’s other corporate resources.
Invent a fictitious company in one of the following industries and describe the relationship between data as a corporate resource and the company’s other corporate resources.
a. Banking. b. Insurance. c. Manufacturing. d. Airline
Solutions
Expert Solution
In banking, data is king and as such data as corporate resource must take a good level of precedence over some other corporate resources. With the management of accounts, client names, addresses, phone numbers, levels of client statuses ( i.e. clients who invest but do not bank, clients that invest and bank. VIP clients who invest a certain amount, etc); and the amounts in each account, data is the driving factor of banking and as such it should be elevated as a higher focused on corporate resources. It could be said that data would be the base line resource that all other corporate resources would be built on top of. Not much else could be done in a bank unless the data part were well taken care of to begin with.
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