Question: SECTION A [100 MARKS] Answer ALL the questions in this section. Case study (100 Marks) For the last three decades, organizations have invested in supporting
SECTION A [100 MARKS] Answer ALL the questions in this section. Case study (100 Marks) For the last three decades, organizations have invested in supporting and automating back-end systems and technologies as maintenance and upkeep of that infrastructure became increasingly complex, organizations often allocated a significant percentage of the IT budget to business operations. Today, technology is commonly interwoven into every business function and has the potential to impact earnings, growth, performance, and competitive advantageyet the technology investments vary significantly across industries and often even sectors within the same industry.How can CIOs effectively utilize technology budgets to drive value creation? Question 1 (20 Marks) The more advanced technology becomes, the more it seems to take control over our lives. People have too readily embraced technology, seeking only the benefits, and ignoring the many downfalls. Discuss the negative impact of technology on society. Question 2 (20 Marks) 2.1 Explain the term IT investment. (5 Marks) 2.2 Discuss the strategies for making the right IT Investment decisions (15 Marks) Question 3 (20 Marks) Discuss the strategic, tactical and operational stages of decision making. Question 4 (20 Marks) Explain the steps involved in a Data Mining process. Question 5 (20 Marks) Discuss the scenarios in which data mining and predictive analysis are used.
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