Companies create business records of many types and store the electronic files using an electronic records management (ERM) system.
Explain why an ERM is a senior management issue and not simply an IT issue?
Describe each of the four V’s of data analytics: variety, volume, velocity, and veracity.
Identify the primary functions of a database and a data warehouse. Explain why enterprises need both of these data management technologies.
1) How should SSC prepare for an Electronic Records Management (ERM) System if it decides to implement one?
2) Using the data collected by Sam,-create a spreadsheet that calculates the costs of handling paper at SSC based on average hourly rates per employee of $28.
-Add the cost of lost documents to this. Then,
-add the costs of warehousing the paper, which increases by 10 percent every month due to increases in volume. Present the results showing both monthly totals and a yearly total.
Prepare graphs so that Sam can easily identify the projected growth in warehousing costs over the next three years.
How can ERM also serve as a disaster recovery system in case of fire, flood, natural disaster, or break-in?
