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creating a systems development plan/efficient use of data

Company success is related to efficient use of its data? What lessons can be learned from creating a systems development plan and how can it help you contribute to current or future workplace settings?

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Company success is related to efficient use of its data?

Yes, it is indeed true that in today's competitive and dynamic business environment where competition is intense and there is a constant need for organizations to gain competitive advantage over others, efficient use of available data with the use of modern information systems has evolved as an important strategic tool in all the areas of business and management, be it corporate strategy, marketing, advertising and marketing research, human resources or accounting. A successful and progressive business entity in today's world efficiently uses the plethora of information and data with numerous information systems tools such as ERP and accounting softwares, supply chain management softwares, database mining and datawarehousing tools and host of other tools and techniques to make the most out of such data for gaining significant strategic advantage over others and utilize the data in enhancing the performance of the organization in all the areas.

For example, in marketing, efficient use of data via market research tools helps in understanding the needs and wants of the consumers in a ...

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Company success is related to efficient use of its data? What lessons can be learned from creating a systems development plan and how can it help you contribute to current or future workplace settings?

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