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Pages:
1 page/≈275 words
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Style:
MLA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.86
Topic:

How Businesses Want to Use Data

Essay Instructions:

Please answer 3 questions under the reading material. Answer 100 words per question, minimum of 300 words in total.
Thank you for your work.
P.S. here is the course description from the syllabus:
In this course, students learn the basics of database setup and management as well as the analytical techniques and tools used in integrated marketing to assess, enhance, and profit from customer relationship management. The course reviews database technology, organization, and planning including technology needs and outsourcing considerations; sampling techniques such as nth selects and frozen files; creating powerful predictor variables such as univariate and cross-tabulations, ratios, time-series variables, and other measures. The course also covers predicting customer actions by using multiple linear regression and logistic regression to model response, payment, attrition, churn, and other factors that assist in segmentation. Students also learn how to combine prospect and customer data residing on databases with outside sources of data to drive response models.

Essay Sample Content Preview:
Student’s Name
Professor’s Name
Course
Date
WSJ-How Businesses Use Data
Question 1
In the data-driven business environment, corporates are increasingly becoming innovative to adapt to the current environment. I support insurance companies’ attempts to use Orangetheory Fitness data to improve their business performance. Data can give more insight about a particular client, especially for insurance companies.
These companies are only thinking about the future and promises such as lower insurance rates or subsidies for taking classes will only act as incentives so that they don’t acquire the data illegally. I support this initiative since these companies will use the data to observe trends and make wise financial decisions in the future.
Question 2
Audiences should not vote with data because a platform like Wattpad may not necessarily verify the data's accuracy as provided by users. Voting on...
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