Question: | Assignment # 1 : Investing in Competitive Advantage through Data Due Date: October 1 4 Objective: This assignment will help you evaluate how businesses
Assignment #: Investing in Competitive Advantage through Data
Due Date: October
Objective:
This assignment will help you evaluate how businesses leverage customer data to create
competitive advantages. You will analyze realworld examples and decide, as both an investor
and a potential employee, which company you would choose to invest in or work for, based on
their data strategies.
Instructions:
Watch the video: "When Data Creates a Competitive Advantage and When It
Doesn't" available here
Find Examples: Identify four realworld examples where companies based their core
business model on using data and learning from data to build competitive advantages.
These examples should focus on how customer data or dataenabled learning built a
sustainable edge over competitors. Try using more local and newer examples you have
recently heard about.
Make a Decision: For each example, decide:
As an investor: Would you invest in this company based on how effectively it
uses data to create a competitive advantage? Why or why not? You do not need
to explain other factors like your interest, market analysis, etc.
As an employee: If you received equal job offers from all four companies, which
one would you choose to work for? Why or why not?Are there any other factors
related to data usage eg ethical considerations, clarity over data usage,
environmental considerations, their vendors would be of your concerns?
Present Results: Summarize your final analysis and decisions in a table format. The
table should include:
The name of each company, and their website.
A brief description of how the company uses data to create competitive
advantage.
Your decision as an investor yesno with a justification.
Your decision as a potential employee yesno with a justification.
Keep the table concise. You do not need to put all your justifications and
explanations in the table, you can explain them outside of the table and put a
keyword, or title of the reasoning in the table.
I will randomly ask you to explain one of the applications you present in this
assignment, in the class.
You are not allowed to use generative AI for this assignment.
Suggested Table Format:
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