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?

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?

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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;

  • Identifying various goals and business objectives
  • Breaking some of the strategic goals into value activities and other processes
  • Identifying some of the specific measures that can be used in defining success
  • Discussing the role of IT in achieving business goals
  • Measuring the actual performances with other goals

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;

  • Providing business information quickly and more efficiently due to the fact that the BI is fast and gives information quickly at the click of a button
  • Creating various performance indicators that can be aligned with the business strategies. BI systems help organizations in providing various metrics that help businesses in improving performances
  • Empowering employees within the workplace through data access whereby, employees make informed and effective data-driven decisions within the workplace. 
  • Saving time when it comes to making business reports and filling data. BI system helps one in eliminating time spent on data entry processes and decreasing the time spent in calculation processes
  • Gaining more insights from customers as BI software helps in identifying customers who should be prioritized for the purposes of increasing customer satisfaction and marketing reputation within the working environment
  • Showing important and effective information about the sales within the organization since the team members can use BI software in identifying the sales partners who perform well and those who need to improve their performances.

3) Organizations use data marts and data warehouse to acquire data in the following ways;

  • The data warehouse can be used in managing the BI data in an organization. Also, the data warehouse can b used in various processes such as obtaining, cleaning, organizing, relating, categorizing data, and purchasing data from outside sources for the purposes of acquiring data
  • The data mart can be used in data collection processes and plays an important role in addressing the needs of a particular organization or other functional areas of the business. 

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;

  • BI Analysis Reporting

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.

  • BI Analysis Data Mining

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.

  • BI Analysis Big Data

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;

  • Static Reports

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.

  • Dynamic Reports

These reports are generated majoring on the current information and providing interactive features that allow users to conduct different types of data analysis.