Using Data Mining Techniques in Economic Crisis
AbstractCurrent economic context marked by economic crisis, has the effect of reducing costs and greater control over costs. It is a problem faced by all managers and a solution to anti-crisis measures such as using data mining techniques. Data mining or "knowledge discovery in large databases" is a set of techniques used to discover valuable information from large volumes of data unknown .Data mining techniques are used in many fields, one which lends itself particularly well to the economy. Uncertainty facing the economy makes use of data mining techniques are more important now as it assumes that there are many advantages, brings both knowledge and management level in their area of activity.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XI (2011)
Issue (Month): 2 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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data mining; economic crisis; information; knowledge extraction;
Find related papers by JEL classification:
- M15 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - IT Management
- G01 - Financial Economics - - General - - - Financial Crises
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