Question: Using 500 words, answer the following: Identify a data source for a specific industry/firm/problem and explain how or why it can be leveraged strategically for

Using 500 words, answer the following:

Identify a data source for a specific industry/firm/problem and explain how or why it can be leveraged strategically for the purpose or if it can be a source of competitive advantage for the entity concerned. Identify the entity or the problem that benefits by using the identified data source.

Note: The data source cannot be a social media page (Facebook / Twitter / Instagram / etc.) . Some examples of data sources -

  • Online data repository
  • Online forums
  • Data shared by a firm publicly via their website
  • Location based data / Geolocation data
  • Earning call transcripts shared on the web

Note: You do not need to share or show the data, but you need to share the link to the data source.

Support your answer with appropriate sources as needed.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!