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Elizabeth Abiaad commented on the post, Weekly Question #6, on the site 5 years, 5 months ago
The most important thing I learned about in this class was ERDs because every business uses them and being able to read and understand one will help you better understand the business. For example you can see all the the different entities in the company and how they interact with each other or are interrelated. This course exposed me to a lot of…[Read more]
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Elizabeth Abiaad commented on the post, Weekly Question #5, on the site 5 years, 5 months ago
I think CRM is more important to a business because it provides you with comprehensive data on your customers and potential customers. There would be no business without your customers so it is imperative that you maintain that relationship with them. It is slightly unsettling to think that companies are tracking and gathering information about…[Read more]
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Elizabeth Abiaad commented on the post, Weekly Question #4, on the site 5 years, 5 months ago
I think a good example of disruptive innovation is the invention of the smart phone. Everyone has access to the internet and different apps in the palm of their hands. People have become rich or created their own businesses just by inventing an app or creating their own that customers can download. Vennmo is another example of an app that is…[Read more]
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Elizabeth Abiaad commented on the post, Weekly Question #2, on the site 5 years, 6 months ago
Decision trees can be helpful in important personal decision making as well as business. For instance, if you are trying to decide between two jobs maybe one is salary and one is commission, a decision tree can help you see which option is right for you. Or if you are trying to decide between renting schools. You can map out the differences and…[Read more]
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Elizabeth Abiaad commented on the post, Weekly Question #1, on the site 5 years, 6 months ago
There is so much information in this video it is hard to process and fully understand the meaning behind the numbers at first. The fact that stuck out to me the most was how a week worth of news published in The New York Times contains more information than a person was likely to come across in their entire lifetime in the 18th century. This is a…[Read more]