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Data Mining

Knowledge Builder Michael Griggs and Maggie Kennedy, Bloomsbury

Purpose and benefits

  • In business, knowledge is power.

  • Many companies don’t know what information they possess.

  • Data integration enables them to access this information.

  • Technology can be used to ensure that the customer really is king.

  • Data mining is the basis for multi-channel distribution strategies, supply chains, e-procurement, knowledge management, and customer relationship management (CRM) initiatives.

  • Information stored in a data warehouse is the fuel for a company’s growth.

  • Good segmentation of your customer base is essential.

Method

Abstract. Essay on management best practice using case studies and suggested action plans with additional reference sources.

Time to Complete

20 mins

Length

6 Pages

Participants

1

Price

£5 Pounds Sterling
(inc. VAT)

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