question archive Course: Business Management Systems How does competitive strategy determine business processes and the structure of information systems? How do organizations use business intelligence (BI) systems? How do organizations use data warehouses and data marts to acquire data? What are three techniques for processing BI data? What are the alternatives for publishing BI?
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Course: Business Management Systems
How does competitive strategy determine business processes and the structure of information systems?
How do organizations use business intelligence (BI) systems?
How do organizations use data warehouses and data marts to acquire data?
What are three techniques for processing BI data?
What are the alternatives for publishing BI?
Please check the answer below. In case of any more explanation, let me know in the comment section. Thank you.
Step-by-step explanation
1) In most cases, organizations take part in analyzing their industry and select a competitive advantage. When organizations get the competitive strategy, they come up with various business processes that play a major role in spanning other value-generating activities within the workplace. As a result, the processes can be used in determining the requirements and scope of the company's information system.
On the other hand, when organizations choose a competitive strategy, the organization will be in a position to design other business processes. It is important for organizations to align their IT with other business objectives by doing the following;
In this case, if an organization has a low-cost business, it would require information systems that can be used in finding and buying raw materials that can lead to positive business success.
2) Organizations use Business Intelligence (BI) systems in the following ways;
3) Organizations use data marts and data warehouse to acquire data in the following ways;
The difference between data warehouse and data mart is that data warehouse takes data that is from other data manufacturers and processes it whereas data mart majors on the retail store processes.
4) The following are some of the techniques for processing BI data;
This entails the process of collecting data by the use of various software and tools in extracting important insights. It helps in the provision of observations and suggestions regarding business patterns and empowers decision-makers to act accordingly.
Data mining majors on analyzing data from various sources and later on summarizing the analyzed data into important information that can be used in increasing revenue and decreasing costs within the working environment.
In BI Analysis, big data is used in capturing, processing, and analyzing the data for the purposes of improving customer results. The data can either be structured or unstructured.
5) Alternatives for publishing BI include;
This report entails static information regarding various resources such as inventories or other resources that are generated periodically. This report can be used as an alternative for publishing BI as it focuses on aggregates such as the use of resources over a given period of time.
These reports are generated majoring on the current information and providing interactive features that allow users to conduct different types of data analysis.