02 May Conduct a comprehensive search of the literature and locate 10 articles concerning data management and business intelligence. You will want to concentrate on peer-reviewed journal articles and conference proceedings for the past three years. Then, create an annotated bibliography of all 10 articles. Each annotation should be at least a page in length. Your entries should be APA formatted, and must have a logical flow and transition between them. The final submission must be in APA format and contain a title page, table of contents, and reference list. The process: An annotated bibliography is not merely a summary of the article. You will start with an appropriate APA-formatted reference at the top of the page. Your annotation should include these items: Summarize: Some annotations merely summarize what the source says. That is not correct for this assignment—your summary should include an analysis of the information as well. What are the main arguments? What is the purpose of this article? What topics are covered? What type of research was conducted? What were the results? Assess: After summarizing a source, you should evaluate it. Is it a useful source? Is the information reliable? Is this source biased or objective? Were there any limitations? What is the goal of this source? What is its relevance to the topic? What are the study’s strengths and weaknesses? Reflect: Once you’ve summarized and assessed a source, you need to ask how it fits into your research. Was this source helpful to you? How does it help you shape your argument? How can you use this source in your research project? Has it changed how you think about your topic? This annotated bibliography should provide sufficient background on the topic to provide a foundation for additional scholarly work. Length: 10 annotations, not including title and reference pages Your assignment should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
Forecasting is used as a tool for planning. When developing forecasts, firms need to think of all possible scenarios and their future impacts.
For example, if you are in a management role and overforecast sales, you will then overforecast employees or payroll as you will schedule more employees than needed to meet your projected sales. This overforecasting will lead to excess purchasing of supplies and, ultimately, lead to insufficient cash flows because you will need to pay for expenses incurred to maintain and provide services for revenues that did not come in as projected. A small error in forecasting at the start can significantly affect overall results. In this assignment, you will be exposed to the basic principles of forecasting.
Tasks:
Research a firm that applies forecasting principles and methods. You can take examples from your own work experiences. You can also consult sources such as the Wall Street Journal, Financial Times, Bloomberg Markets, the Economist, US News and World Report, and the Argosy University online library resources.
Create a 4- to 5-page research paper that includes responses to the following:
- Identify the sales forecast for the firm.
- Analyze how this sales forecast impacts all other forecasts for the firm, such as materials, labor, overhead, cash receipts, and disbursements.
- Explain the exogenous factors that you need to be aware of when developing these forecasts. Assess the GDP, rate of inflation, rate of unemployment, and interest rates trends.
- Evaluate the prerequisites of a good forecast that you should keep in mind as a manager when budgeting sales and production amounts.
At the end of your report, include a reference page and cite scholarly sources in APA style.
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