Touro University International ITM501 - Management Information Systems and Business Strategy Module 2 Case Assignment: Business Intelligence Systems 04 June 2010 Business intelligence: Definition Business Intelligence (BI) is defined by IBM as‚ “the discipline that combines services‚ applications and technologies to gather‚ manage and analyze data‚ transforming it into usable information to develop insight and understanding needed to make informed decisions.” (IBM.com‚ 2006) In its most
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a time of economic uncertainty‚ the market in these local retailers seems remarkably solid. According to the Association of Convenience Stores (ACS)‚ tens of millions of customers visit convenience stores every day. So if you’re looking to buy a business‚ this could be an attractive
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MEMORANDUM To: Barbara Thomas‚ Hiring Manager From: Tracy Jones‚ Bookkeeping Manager Date: November 26‚ 2012 Re: Operational Gap-Exceptions Overdraft Analyst This memorandum is to inform the hiring manager of Seaway Bank of an operational gap that needs to be fulfilled immediately within the Bookkeeping Department. As you know Seaway Bank has a reputation for loyalty not only to our customers‚ but to our employees as well. We also have a reputation that ensures that we provide quality service
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Excellence: Brilliance‚ intelligence‚ wisdom‚ superiority‚ distinction‚ quality or merit. Excellence describes a degree of doing things‚ a measure which surpasses most other attempts to do the same. It may be explained as supremacy in execution or fulfilment‚ especially when no earthly standard of comparison is involved. It always requires a human doing something or making decisions. There is choice in excellence. One may choose not to do‚ or behave excellently. Nature‚ for instance‚ does not have
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plan of action designed to achieve a major overall aim. Processes are tasks performed within a VCA. ⏏has good operational IS but analytical info is hard to get & ≠ useful. Strategy: to improve access to quality analytical info for DM. Current DM ≠ supported by quality Info or tools. Strategy: to provide better support 4 DM. Change DM process‚ use tools 2 provide better support 4 DM & allow prompt strategies + process changes. 3. Determine IS needs: ⏏has good Operational IS‚ Restaurant Ordering‚ Ingredient
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Operational Management Part one 1. Building a New Classroom block The school board decide from past experience that the funds in the school coffers would be enough to cover the cost. Once that has been ascertained‚ the building site is identified. Architects design a plan for the new classroom block and send it to the county council for approval. Whwn approaval is received the school obtains a quoutation from the school approved contractor. Te contractor suggests a fix and supply contract
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PTMA 3020--- Module 4 Review Questions Chapter 10 1. What is a decision? When does a person have to make a decision? A decision is a conclusion or resolution reached after a thought out consideration of variables in a problem. When more than one possible action is involved in solving a problem‚ a decision must be made. 2. Calculating a complex trajectory of a spaceship to Mars is a structured problem‚ whereas diagnosing the cause of a rash on a person’s skin is often unstructured
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Operational Planning- 4th phase in the planning process. Operational Plan is a detailed plan used to provide a clear picture on how a team‚ section or department will contribute to the achievement of the organization’s goal. Once the strategic plan is approved‚ it must be broken down into operation categories. These set of categories are: Operational Categories 1. Product planning and development 2. Market planning 3. Production Planning 4. Manpower Planning 5. Organizational Planning
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Enterprise Application Software for Various Information Systems Within an organization‚ there are various Information Systems employed to cater to the different business requirements. Enterprise Application Software are applications that provide business functions catered to the business requirements and are deployed within a suitable Information System environment. Executive Support System : Business Intelligence Executive Support Systems are computer based systems that aid executives
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This document contains proprietary and confidential information. All data submitted to HAN UNIVERSITY OF APPLIED SCIENCES is provided in reliance upon its consents not to use or disclose any information contained herein except in the context of its business dealings with ONE SPARK. The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document’s content of its confidential nature. The recipient agrees to instruct each employee that
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