Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter B, Problem B10.1MBD
Program Plan Intro
Business Intelligence (BI):
- Business intelligence denotes technologies used by companies for analysis of data in business information.
- It provides current, historical and predictive views for business operations.
- The functions of BI includes:
- Reporting
- Data mining
- Process mining
- Benchmarking
- Text mining.
- It can handle huge amount of structured and unstructured data for identifying, developing and producing new prospects in business.
- The operating decisions include pricing or product positioning.
- The BI applications use data that is gathered from data warehouse.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
XYZ Company Case
XYZ is a large organization well known for their consumer products and the retail business which has been in the market for a long time. They own multiple outlets across different cities and have a solid IT infrastructure to manage its operations internally. However with the pandemic, business is going down and the management is worried about overheads and ways to increase the income. Other small businesses are adopting different models to keep their customers satisfied and cash flow high, in fact some businesses are doing way better than pre-pandemic. With a little market research, the management found out most businesses are moving their retail business online. The managers realized the demand for online presence and that this is the right time to get into the e-commerce market to save the company. You work in the IT department of XYZ and your department has been assigned with developing an e-commerce platform to take the company business online. One key request from…
XYZ Company Case
XYZ is a large organization well known for their consumer products and the retail business which has been in the market for a long time. They own multiple outlets across different cities and have a solid IT infrastructure to manage its operations internally. However with the pandemic, business is going down and the management is worried about overheads and ways to increase the income. Other small businesses are adopting different models to keep their customers satisfied and cash flow high, in fact some businesses are doing way better than pre-pandemic. With a little market research, the management found out most businesses are moving their retail business online. The managers realized the demand for online presence and that this is the right time to get into the e-commerce market to save the company. You work in the IT department of XYZ and your department has been assigned with developing an e-commerce platform to take the company business online. One key request from…
System: Trading Management SystemFair Investing (Pty) Ltd is a financial services provider that assists investors to invest on theJohannesburg Stock Exchange (JSE) and Offshore Financial Markets. The Directors of Fair Investing(Pty) Ltd would like you to assist them to conceptualise and build an end‐to‐end information systemthat will enable its fund managers to track performances of equity derivatives, and conduct ForexTrading. On the same system fund managers should be able to buy and sell equities and derivatives.Investors will be given a read only access to the system to view the performance of theirinvestments. They should also be able to view their FICA Status with regards to any outstandingdocuments required for FICA purposes.Fair Investing (Pty) Ltd is required by law to have a full‐time compliance officer. The role ofa compliance officer is to assist Directors and Management of Fair Investing (Pty) Ltd to establishand maintain a compliance function within their risk management…
Chapter B Solutions
Business Driven Technology
Ch. B - Prob. B1.1MBDCh. B - Prob. B1.2MBDCh. B - Prob. B1.3MBDCh. B - Prob. B1.4MBDCh. B - Prob. B1.5MBDCh. B - Prob. B1.6MBDCh. B - Prob. B2.1MBDCh. B - Modeling a Business Process Do you hate waiting in...Ch. B - Prob. B2.3MBDCh. B - Prob. B2.4MBD
Ch. B - Prob. B2.5MBDCh. B - Prob. B3.1MBDCh. B - Prob. B3.2MBDCh. B - Prob. B4.1MBDCh. B - Prob. B4.2MBDCh. B - Prob. B4.3MBDCh. B - Prob. B4.4MBDCh. B - Prob. B4.5MBDCh. B - Prob. B4.6MBDCh. B - Prob. B4.7MBDCh. B - Prob. B4.8MBDCh. B - Prob. B4.9MBDCh. B - Prob. B4.10MBDCh. B - Prob. B4.11MBDCh. B - Prob. B5.1MBDCh. B - Prob. B5.2MBDCh. B - Prob. B5.3MBDCh. B - Prob. B5.4MBDCh. B - Prob. B5.5MBDCh. B - Prob. B5.6MBDCh. B - Prob. B6.1MBDCh. B - Prob. B6.2MBDCh. B - Prob. B6.3MBDCh. B - Prob. B6.4MBDCh. B - Prob. B6.5MBDCh. B - Prob. B7.1MBDCh. B - Prob. B7.2MBDCh. B - Prob. B7.3MBDCh. B - Prob. B7.4MBDCh. B - Prob. B7.5MBDCh. B - Prob. B7.6MBDCh. B - Prob. B7.7MBDCh. B - Prob. B7.8MBDCh. B - Prob. B7.9MBDCh. B - Prob. B7.10MBDCh. B - Prob. B7.11MBDCh. B - Prob. B8.1MBDCh. B - Prob. B8.2MBDCh. B - Prob. B9.1MBDCh. B - Prob. B9.2MBDCh. B - Prob. B9.3MBDCh. B - Prob. B9.4MBDCh. B - Prob. B9.5MBDCh. B - Prob. B9.6MBDCh. B - Prob. B9.7MBDCh. B - Prob. B9.8MBDCh. B - Prob. B9.9MBDCh. B - Prob. B9.10MBDCh. B - Prob. B10.1MBDCh. B - Prob. B10.2MBDCh. B - Prob. B10.3MBDCh. B - Prob. B10.4MBDCh. B - Prob. B10.5MBDCh. B - Prob. B11.1MBDCh. B - Prob. B11.2MBDCh. B - Prob. B11.3MBDCh. B - Prob. B11.4MBDCh. B - Prob. B12.1MBDCh. B - Prob. B12.2MBDCh. B - Prob. B12.3MBDCh. B - Prob. B12.4MBDCh. B - Prob. B12.5MBDCh. B - Prob. B12.6MBD
Knowledge Booster
Similar questions
- System: Trading Management SystemFair Investing (Pty) Ltd is a financial services provider that assists investors to invest on theJohannesburg Stock Exchange (JSE) and Offshore Financial Markets. The Directors of Fair Investing(Pty) Ltd would like you to assist them to conceptualise and build an end‐to‐end information systemthat will enable its fund managers to track performances of equity derivatives, and conduct ForexTrading. On the same system fund managers should be able to buy and sell equities and derivatives.Investors will be given a read only access to the system to view the performance of theirinvestments. They should also be able to view their FICA Status with regards to any outstandingdocuments required for FICA purposes.Fair Investing (Pty) Ltd is required by law to have a full‐time compliance officer. The role ofa compliance officer is to assist Directors and Management of Fair Investing (Pty) Ltd to establishand maintain a compliance function within their risk management…arrow_forwardAs the head buyer for a major supermarket chain, you are constantly being asked by manufacturers and distributors to stock their new products. More than 50 new items are introduced each week. Many times, these products are launched with national advertising campaigns and special promotional allowance to retailers. To add new products, the amount of shelf space allocated to existing products must be reduced or items must be eliminated together. Develop a MIS report that you can use to estimate the change in profits from adding or deleting items from an inventory. Your analysis should include input such as estimated weekly sales in units, shelf space allocated to stock items, total cost per unit, and sales per unit. Your analysis should calculate total annual profit by items and then sort the rows in descending order based on total annual profit.arrow_forwardTASK DESCRIPTION:Entrepreneurship represents an important career option, it offers opportunities to enjoy independence, develop multiple skills, reap financial benefits, and contribute to economic development. Universities across the globe for their part, have significantly expanded their curricular and co-curricular offerings in entrepreneurship yet, the number of university graduates starting ventures has not demonstrated commensurate growth especially in our part of the world. Ghana’s business environment is a dynamic one. Ghana, like many African countries, has many entrepreneurial support programmes and initiatives. The Government of Ghana, along with private sector organizations, has launched numerous initiatives to promote self-employment, especially targeting the younger population. However, a study by Koltai & Company on the ecosystem for entrepreneurship in Ghana highlights that despite numerous government and private-led initiatives, the system to support starting…arrow_forward
- TASK DESCRIPTION: Entrepreneurship represents an important career option, it offers opportunities to enjoy independence, develop multiple skills, reap financial benefits, and contribute to economic development. Universities across the globe for their part, have significantly expanded their curricular and co-curricular offerings in entrepreneurship yet, the number of university graduates starting ventures has not demonstrated commensurate growth especially in our part of the world. Ghana’s business environment is a dynamic one. Ghana, like many African countries, has many entrepreneurial support programmes and initiatives. The Government of Ghana, along with private sector organizations, has launched numerous initiatives to promote self-employment, especially targeting the younger population. However, a study by Koltai & Company on the ecosystem for entrepreneurship in Ghana highlights that despite numerous government and private-led initiatives, the system to support starting…arrow_forwardYour company sent several staff members for UML training by an outside vendor. Everyone who attended the training received a copy of the instructor’s materials, which included study guides and sample exam questions and solutions. After completing the training course, you are eligible to sit a certification exam. If you pass the exam, you will be credentialed as a “UML Expert” by an independent agency. You can parlay these credentials into a higher salary and boost your career. A coworker who did not attend the training asks for a copy of the training materials. He wants to take the exam without “wasting his time in class.” Should you give him a copy of the training materials? If you do, how might this diminish your accomplishments? If you don’t, would you be hurting the team by not helping another member become more knowledgeable about the UML?arrow_forwardsolve the questions: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. the quation is : 1- Plot the six risks on a probability/impact matrix. 2- assign a numeric value for the probability and impact of each risk on meeting the main project objective.arrow_forward
- Imagine that you are a commercial solar heating salesperson for a manufacturing and installation firm. You make frequent sales calls on potential customers in a three-state area. The purpose of these sales calls is to acquaint the firms with your company’s products and get them to consider purchase of your products. Describe the basic functionality you would want in your organization’s CRM system for it to help you identify potential new customers and to support you in preparing and making sales presentations.arrow_forwardIf something is not clear in the description and you need to make assumptions to make a decision, document the assumptions you make. Please read it carefully The department of public works for a large city has decided to develop a Web-based pothole tracking and repair system (PHTRS). The department hired a new system analyst to analyse and design the web-based PHTRS. The analyst came up with the following description of their requirement: Citizens can log onto a website to view and make potholes report. The report contains the location and severity of potholes. As potholes are reported they are logged with a "public works department repair system" and are assigned with the given data. The recorded potholes consist of information as follows: an identifying number, stored with street address, size (on a scale of 1 to 10), location (middle, curb, etc.), district, and repair priority (determined from the size of the pothole). Further, a work order data is generated for each newly added…arrow_forwardAs the head buyer for a major supermarket chain, you are constantly being asked by manufacturers and distributors to stock their new products. Tens of new items are introduced each week. Many times, these products are launched with national advertising campaigns and special promotional allowances to retailers. To add new products, the amount of shelf space allocated to existing products must be reduced or items must be eliminated altogether. You need to collaborate with the IS department to develop a marketing MIS that you can use to estimate the change in profits from adding or deleting an item from inventory. What are you recommendations about this project to the IS department members for creating such a system?arrow_forward
- 1) . UPS prides itself on having up-to-date information on the processing and current location of each shipped item. To do this, UPS relies on a company-wide information system. Shipped items are the heart of the UPS product tracking information system. Shipped items can be characterizedby item number (unique), weight, dimensions, insurance amount, destination, and final delivery date. Shipped items are received into the UPS system at a single retail center. Retail centers are characterized by their type, uniqueID, and address. Shipped items make their way to their destination via one or more standard UPS transportation events (i.e., flights, truck deliveries).These transportation events are characterized by a unique scheduleNumber, a type (e.g, flight, truck), and a deliveryRoute. Please create an Entity Relationship diagram that captures this information about the UPS system. Be certain to indicate identifiers and cardinality constraints. Grading: Entities correctly identified:…arrow_forwardThe Vegan Garden is a small restaurant in the quiet city of Dawnsville. The restaurant has been operating for the past five years. Currently manual systems such as cash registers are being used for capturing sales and old filing cabinets are used for storing the sales reports for each month and other business documents such as employee and supplier information. The owner of Vegan Garden has decided to implement an information system. He sought the services of an IT company to build an information system that would align to the current business processes of the Vegan Garden. You are the appointed project manager for the development of the Vegan Garden information system. As the project manager of the development project, educate the owner of Vegan Garden on the security concerns regarding the information systems. Explain ANY FIVE (5) common security threats affecting information systems.arrow_forwardThe Vegan Garden is a small restaurant in the quiet city of Dawnsville. The restaurant has been operating for the past five years. Currently manual systems such as cash registers are being used for capturing sales and old filing cabinets are used for storing the sales reports for each month and other business documents such as employee and supplier information. The owner of Vegan Garden has decided to implement an information system. He sought the services of an IT company to build an information system that would align to the current business processes of the Vegan Garden. You are the appointed project manager for the development of the Vegan Garden information system. Based on your expert knowledge of building information systems, submit a report to the owner of Vegan Garden, highlighting the development phases for the Vegan garden information system.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningEnhanced Discovering Computers 2017 (Shelly Cashm...Computer ScienceISBN:9781305657458Author:Misty E. Vermaat, Susan L. Sebok, Steven M. Freund, Mark Frydenberg, Jennifer T. CampbellPublisher:Cengage Learning
- Fundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningPrinciples of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningDatabase Systems: Design, Implementation, & Manag...Computer ScienceISBN:9781305627482Author:Carlos Coronel, Steven MorrisPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Enhanced Discovering Computers 2017 (Shelly Cashm...
Computer Science
ISBN:9781305657458
Author:Misty E. Vermaat, Susan L. Sebok, Steven M. Freund, Mark Frydenberg, Jennifer T. Campbell
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781305627482
Author:Carlos Coronel, Steven Morris
Publisher:Cengage Learning