AFM241 Midterm: Study Questions

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM241
• Professor: all

Document Summary

Pre midterm: strategies define how a company plans to achieve a distinctive and unique position (competitive advantage) in the market. This is an example of evolving strategy that aligns a company with its external environment. From a product positioning standpoint, a hybrid car like toyota prius or ford. She ranked her companies in terms of sales and calculated the following statistics: for firms with sales below the first quartile: For firms with sales above the third quartile: average sales= 3000 and average cogs=2400. By 2020, gartner expects, 26 billion units will make up the internet of things, and that excludes pcs, tablets and smartphones. With so many sensors collecting data about equipment status , environmental conditions and human activities, companies are growing rich with information. This is an example of factors that contribute to ____ in big data: velocity and variety, volume and velocity, volume, velocity, and variety, volume and variety, firms leverage analytics to support different objectives.