My business that I came up with is called smoke and slay and I have independent

My business that I came up with is called smoke and slay and I have independent contractors working for me . We sell hookahs and have a smoke louge while hair stylist work in the front as independent contractors. They rent booths from us. This business is a small business.
As mentioned before, a business generates and relies on massive amounts of data. In many cases, this data be useful in business intelligence and analytics to help make decisions going forward.
Data Collection
1. Discuss preliminary ideas on how you can make use of the data you collect to continue to grow your business (chapter 9).
2. Will you use live data or datamining or some combination? Explain (chapter 9).
3. Are there any ethical or legal concerns with its use? Explain (chapter 9).
Knowledge Management
4. What about knowledge management (Ch. 10, section 1)? Expert systems or AI (Ch 10, section 2)? Do they fit in your business plan? Detail which and how. If you don’t think they will fit, discuss why not. SWOT Analysis
1. Perform a SWOT analysis on your business project. Define strengths, weaknesses, opportunities and threats. Use table 11-1 as a guide.
Strategic Plan
2. Expand on your analysis with a strategic plan to address each area. How do you protect or ensure strengths and opportunities while mitigating risks and threats? The strategic planning pyramid in figure 11-2 will be helpful. Each level is described below the pyramid.
3. After reading more about DevOps, consider where it fits with your organization or department. What principles and practices would you consider useful to adopt? Why? (MindTap assignment as well as section 12-5).
Models and Frameworks
4. Also consider the Agile and Waterfall models as well as Scrum. Again, which would you adopt? Will more than one work for different aspects of the business? Refer to figures 12-1 and 12-17, tables 12-2 and 12-10.
5. Create a diagram or flowchart detailing how the model or framework you chose would work within your structure. Figures and tables mentioned above can provide example models.

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Reference no: EM132069492

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