generating data and valuable information for organizations and communities‚ which is often overlooked or undervalued. Business Intelligence is a concept‚ accompanied by a set of tools and techniques that powers the use of data towards business strategies and goals already established. It enhances the use of technology for competitive advantage through better use of information as a tool for decision making. Regardless of company size‚ the ability to collect‚ analyze and act on operational data is key
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Section 1.2 Review Questions 1. List the components of and explain the Business Pressures–Responses–Support model. The components of the pressure-response-support model are business pressures‚ companies’ responses to these pressures‚ and computerized support. The model suggests that responses are made to counter the pressures or to take advantage of opportunities‚ support facilitates monitoring the environment (e.g.‚ for opportunities) and enhances the quality of the responses. 2. What are
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The Benefits of Being Data-Driven: There are three primary benefits to making your HR organization data-driven: Expanded Awareness: As the amount of HR data within an organization has grown‚ so too has the need to glean better information from that data. Problems that HR organizations assumed were just part of “the cost of doing business” are now identified‚ acted on‚ and in many cases‚ prevented. HR business indicators that were previously only hinted at by virtue of an anomaly here or a trend
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(i) Data Management Component. The data management component performs the function of storing and maintaining the information that you want your Decision Support System to use. The data management component‚ therefore‚ consists of both the Decision Support System information and the Decision Support System database management system. The information you use in your Decision Support System comes from one or more of three sources: Organizational information: One may want to use virtually any information
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analysis to identify opportunities to streamline existing landscape and develop future landscape model. Key contributor to development of new data warehouses for the region and determination of how they fit in overall landscape. Excellent communication and business analysis skills are required. The following skills are desirable: Knowledge of Unix/Oracle‚ Data warehousing‚ SAP‚ Project Management‚ technical/database background. Normally require BSCS or Information Management plus 8 yrs related exp
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of information stored and accessed sequentially in a database‚ often created to store information in a non-structured way. 9.What is a Data Warehouse? This type of “facility” stores information about customers and their transactions into a central depository. 10.What is a Data Mart? This Data Warehouse is an extracted subset. It houses aggregated data into a smaller‚ more nimble database for marketing. 11.What is a Compiled List? Lists that can be rented for direct marketing fall into
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the following has (have) the broadest impact on an organization? Decisions about data. Assessment Question 3.25 Your answer is correct. Which of the following is not a reason why managing data is difficult over time? New systems are developed. The media the data are stored on becomes problematic. New sources of data are created. The amount of data increases exponentially. All of these are reasons why managing data is difficult over time. Assessment Question 3.26 Your answer is correct. Not including
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1. The following listed factors made PepsiAmericas to adopt a more aggressive attitude towards the utilization of transaction data to run the business. * Growth in product variety from 35-40 to nearly 400‚ * Lowering of PAS profit margins‚ * Recession in U.S economy‚ * Decline of U.S market for carbonated soft drinks‚ * National Clients like CVS‚ Wal-Mart and Mobil Gas Stations preference of highly centralized procurement arrangements‚ * Hard to track product flow on various
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system b) management information system c) transaction processing system d) decision support system 4. The expert system uses a(n) __________ to select the most appropriate response. a) inference engine b) decision support system c) knowledge base d) data source 5. An intranet that is accessible by outside workers. a) firewall b) extranet c) management information system d) P2PN 6. __________ is the capability to continue as if nothing has happened‚ even after a major component failure. a) redundancy
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(Product department). He told us about the uses of MIS (Management Information System) in Huawei Technologies Ltd. 1.2 Data Collection Method: Primary data was collected directly from the organization in terms of visits and face to face interview‚ with access to the website of the company. The collected data was then compiled and processed both manually and using computer. Data collected was also edited carefully. 2. Background of the company: Huawei is one of the world ’s leading networking
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