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Data-Driven Decision Making Essays

Enhancing Distribution Channels and Revenue Management in Hospitality

Distribution channels in hospitality refer to the pathways through which services or goods move from the place of production to a place of consumption enabling the producer and the consumer to bargain and sell the product. It is important to have a reliable distribution channel because it has many merits Firstly, it enables the hospitality ... Read More
Pages: 6       Words: 1438

Translation Science Project in Nursing: Bridging Evidence and Practice

Introduction This article aims to examine a specific nursing practice issue and present a case for an evidence-based remedy. The focus is primarily on translation science in nursing to bridge the gap between research findings and their use in practice. The practice issue discovered revolves around the effective combination of evidence-based therapies to improve patient ... Read More
Pages: 6       Words: 1564
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Term Paper How Can Big Data Be Used To Improve Farm Yields and Supply Chain Management

Abstract The integration of Big Data analysis in farming has introduced a groundbreaking period, reclassifying conventional practices and encouraging a strong, reasonable, and information-driven horticultural biological system. This study explains how the agricultural sector’s decision-making, sustainability, and resilience are all affected by big data analytics, highlighting how important they are in increasing productivity, reducing risks, ... Read More
Pages: 13       Words: 3494

Practices of Performance Management

Introduction Performance management is the process of developing, planning, evaluating, and monitoring an organization or individual’s performance. These practices involve a range of activities, such as goal setting, performance planning, regular feedback, performance appraisal, development planning, rewarding or recognition, employee involvement, and performance improvement plans (Cappelli and Tavis, 2016), all to improve individual and organizational ... Read More
Pages: 6       Words: 1505

AI in Singaporean Businesses

Introduction The term “artificial intelligence” or AI is applied to machines built on human intelligence that can do some tasks that a person can do. The building of algorithms and processes allows machines to learn from data, become flexible, and draw conclusions based on information or predictions. AI can be categorized into two types: narrow ... Read More
Pages: 15       Words: 3925

HR & People Analytics: Improving Performance

Introduction: Businesses can enhance their overall success by implementing HR and People Analytics; using data and analytical tools in human resource management enables organizations to make well-informed business choices that positively impact their bottom line. HR and People analytics are instrumental in improving the efficiency of businesses, as is clear from the illustrated example in ... Read More
Pages: 3       Words: 810

Data Collection and Analysis for Organizational Development

Introduction Data-driven decision-making refers to how organizational decisions are made according to the actual data instead of observation or intuition alone. In the recent past, most organizations and institutions have shifted to it. This is because, with the use of actual data to make decisions, a company can make solid decisions, unlike the companies that ... Read More
Pages: 6       Words: 1630
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