Identify, through scholarly or practitioner sources, a trend relative to data usage (business analytics, predictive modeling, prescriptive modeling, business intelligence, data mining, text mining, etc.) that you as well as experts think will have a significant impact on financial decision making in the next 5-7 years. Based on your careful research of the trend compose a formal academic paper using 4-7 pages following APA guidelines that:
1. Appraise the data trend and its impact or relevance to problems or opportunities in the contemporary global market
2. Construct an understanding based on the theory of the implications of the data trend as a financial decision-making tool
3. Compare expert views and opinions found in the literature concerning business principles, practices, and policies impacting the swiftness, dependability, and value of the data trend
4. Evaluate critically social and ethical implications of the data trend
Discussion 2 (250 words)
The case studies presented in Chapter 6 of the Sharda et al. text offer insights into decision making and optimization and simulation using prescriptive analytics. Select one of the case studies offered and provide your analysis of the information given the questions posed by the authors at the end of each study. As part of your analysis consider how might the findings of this case study be applicable to your organization, industry, or dissertation research?
Discussion 3 (250 words)
What are the potential benefits of using geospatial data in analytics? Give examples form literature. What are some of the legal, ethical, and global business implications? How might this technology impact financial decision-making?
Data usage is an increasingly important trend that has been gaining traction over the past few years. From predictive modeling to business analytics, data-driven solutions are proving to be essential for businesses looking to gain competitive advantage in today’s marketplace (King et al., 2017). As technology continues to evolve, so too does the ability of organizations to better utilize their data. This trend is expected to have a significant impact on financial decision making in the next 5-7 years as companies and businesses look towards data driven solutions augmenting traditional methods of analysis (Fahy & Smith, 2018).
The increasing prevalence of big data has made it possible for organizations to take a more forward thinking approach when it comes to financial decisions, allowing them access insights that weren’t available just a few years ago. With this newfound access come opportunities such as improved forecasting accuracy and greater efficiency when assessing risk exposure (Kabir & Rabbani, 2020). By analyzing large amounts of historical or real-time data sets organizations can uncover complex patterns and trends which may give them valuable insight into how best make investments or allocate resources.
In conclusion, the rise of big data and its associated technologies will undoubtedly have a profound effect on how financial decisions are made in the coming years. As these technologies mature and become more accessible even small companies can leverage their datasets for competitive advantage giving them an edge over those who remain stuck in traditional ways of doing things.
tion, Vittola expresses the extent of military tactics used, but never reaches a conclusion whether it’s lawful or not to proceed these actions, as he constantly found a middle ground, where it can be lawful to do such things but never always (Begby et al (2006b), Page 326-31). This is supported by Frowe, who measures the legitimate tactics according to proportionality and military necessity. It depends on the magnitude of how much damage done to one another, in order to judge the actions after a war. For example, one cannot simply nuke the terrorist groups throughout the middle-east, because it is not only proportional, it will damage the whole population, an unintended consequence. More importantly, the soldiers must have the right intention in what they are going to achieve, sacrificing the costs to their actions. For example: if soldiers want to execute all prisoners of war, they must do it for the right intention and for a just cause, proportional to the harm done to them. This is supported by Vittola: ‘not always lawful to execute all combatants…we must take account… scale of the injury inflicted by the enemy.’ This is further supported by Frowe approach, which is a lot more moral than Vittola’s view but implies the same agendas: ‘can’t be punished simply for fighting.’ This means one cannot simply punish another because they have been a combatant. They must be treated as humanely as possible. However, the situation is escalated if killing them can lead to peace and security, within the interests of all parties.
Overall, jus in bello suggests in wars, harm can only be used against combatants, never against the innocent. But in the end, the aim is to establish peace and security within the commonwealth. As Vittola’s conclusion: ‘the pursuit of justice for which he fights and the defence of his homeland’ is what nations should be fighting for in wars (Begby et al (2006b), Page 332). Thus, although today’s world has developed, we can see not much different from the modernist accounts on warfare and the traditionists, giving another section of the theory of the just war. Nevertheless, we can still conclude that there cannot be one definitive theory of the just war theory because of its normativity.
Finally, jus post bellum suggests that the actions we should take after a war (Frowe (2010), Page 208).
Firstly, Vittola argues after a war, it is the responsibility of the leader to judge what to do with the enemy (Begby et al (2006b), Page 332).. Again, proportionality is emphasised. For example, the Versailles treaty imposed after the First World War is questionably too harsh, as it was not all Germany’s fault for the war. This is supported by Frowe, who expresses two views in jus post bellum: Minimalism and Maximalism, which are very differing views. Minimalists suggest a more lenient approach while maximalist, supporting the above example, provides a harsher approach, punishing the enemy both economically and politically (Frowe (2010), Page 208). At the last instance, however, the aim of war is to establish peace security, so whatever needs to be done can be morally justified, if it follows the rules of jus ad bellum.
In conclusion, just war theory is very contestable and can argue in different ways. However, the establishment of a just peace is crucial, making all war type situation to have different ways of approaching (Frowe (2010), Page 227). Nevertheless, the just war theory comprises of jus ad bellum, jus in bello and jus post bellum, and it can be either morally controversial or justifiable depending on the proportionality of the circumstance. Therefore, there cannot be one definitive theory of the just war but only a theoretical guide to show h