The following Figure: Illustration of business intelligence original objective as a focus area and the resulting actual implementations   Distinguish business intelligence from business analytics regarding the focus of the eight

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter19: Managing Quality And Performance
Section: Chapter Questions
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The following Figure: Illustration of business intelligence original objective as a focus area and the resulting actual implementations

 

Distinguish business intelligence from business analytics regarding the focus of the eight

analytical steps. [500 Words add References]

Question 1:
The following Figure: Illustration of business intelligence original objective as a
focus area and the resulting actual implementations.
What's the best that can happen?
Optimisation
A
Predictive
modelling
What if these trends continue?
Statistical
analysis
Query drill
down
Where exactly is the problem?
How many, how often, where?
Standard
reports
What happened?
Degree of intelligence
Distinguish business intelligence from business analytics regarding focus of the eight
analytical steps.
Competitive advantage
Ad hoc
reports
Why is this happening?
Alerts
What will happen next?
Forecasts
What actions are needed?
Transcribed Image Text:Question 1: The following Figure: Illustration of business intelligence original objective as a focus area and the resulting actual implementations. What's the best that can happen? Optimisation A Predictive modelling What if these trends continue? Statistical analysis Query drill down Where exactly is the problem? How many, how often, where? Standard reports What happened? Degree of intelligence Distinguish business intelligence from business analytics regarding focus of the eight analytical steps. Competitive advantage Ad hoc reports Why is this happening? Alerts What will happen next? Forecasts What actions are needed?
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