Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Define business intelligence Briefly discuss how your organisation can use business intelligence to improve decision-making Please see below rubric as guidance. Kindly list references in

  • Define business intelligence
  • Briefly discuss how your organisation can use business intelligence to improve decision-making

Please see below rubric as guidance. Kindly list references in APA 7th Edition referencing style

imageimage
TranscribedText: In today's economy, a thorough understanding of ICT is vital to business success. ICT is important for research and development, logistics, customer services, knowledge management, institutional mobility, virtual collaboration and the ability of a business to remain competitive. In line with trends in the global economy, many businesses are looking to ICT to raise productivity and create a competitive advantage. If you enter any business environment and talk to management and employees about the use of ICT in the institution, they will tell you that the purpose of ICT is to make business easier, faster and more efficient Read the case study and the additional reading material. United Parcel Service, a global delivery system, invests heavily in information systems technology to make its business more efficient and customer-oriented. It uses an array of information technologies, including bar code scanning systems, wireless networks, large mainframe computers, handheld computers, the internet, and many different pieces of software for tracking packages, calculating fees, maintaining customer accounts, and managing logistics. Let's identify the organisation, management, and technology elements in the UPS package tracking system: 1. The organisation element anchors the package tracking system in UPS's sales and production functions (the main product of UPS is a service - package delivery). It specifies the required procedures for identifying packages with both sender and recipient information, taking inventory, tracking the packages en route, and providing package status reports for UPS customers and customer service representatives. The system must also provide information to satisfy the needs of managers and workers. UPS drivers need to be trained in both package pickup and delivery procedures and in how to use the package tracking system so that they can work efficiently and effectively. UPS customers may need some training to use UPS in-house package tracking software or the UPS website. BBA3_ICT_ASG_2023 Regenesys Business School 1 2. UPS's management is responsible for monitoring service levels and costs and for promoting the company's strategy of combining low cost and superior service. Management decided to use computer systems to increase the ease of sending a package using UPS and of checking its delivery status, thereby reducing delivery costs and increasing sales revenues. 3. The technology supporting this system consists of handheld computers, bar code scanners, desktop computers, wired and wireless communications networks, UPS's data centre, storage technology for the package delivery data, UPS in-house package tracking software, and software to access the web. The result is an information system solution to the business challenge of providing a high level of service with low prices in the face of mounting competition. (Lawdon & Laudon, 2021). Additional reading: Darda, M. (2023, June 14). 3 Ways emerging technology is key to company growth in 2023. Forbes. hites /wwwww.forbes.com/sites/forbestechcouncil/2023/06/143-ways-emerging-technology-is-key-to-company- growth-in-2023/?sh=40a24e77dafb (accessed 15 August 2023). Groomsbridge, D. (2022, October 17). Gartner top 10 strategic technology trends for 2023. Gartner. https://www.gartner.com/en/articles/gartner-top-10-strategic-technology-trends-for-2023 (accessed 15 August 2023). Pauley, J. (2023, February 3). Why innovation will be integral to business success in 2023. Forbes. hitos:/www.forbes.com/sites/forbesbusinesscouncil/2023102/03/why-innovation-will-be-infearal-to-business- coess-in-2023/?sh=719293216455 (accessed 15 August 2023) Your organisation has asked you to write a report on the ICT systems and business operations. With the above in mind, use the assignment question to compile your report.Business intelligence is defined succinctly and clearly. Discussion on how business intelligence can be used in decision-making with some reference to the application on BI in an organisation is clear and coherent. Sufficient reference to the organisation

In today's economy, a thorough understanding of ICT is vital to business success. ICT is important for research and development, logistics, customer services, knowledge management, institutional mobility, virtual collaboration and the ability of a business to remain competitive. In line with trends in the global economy, many businesses are looking to ICT to raise productivity and create a competitive advantage. If you enter any business environment and talk to management and employees about the use of ICT in the institution, they will tell you that the purpose of ICT is to make business easier, faster and more efficient. Read the case study and the additional reading material. United Parcel Service, a global delivery system, invests heavily in information systems technology to make its business more efficient and customer-oriented. It uses an array of information technologies, including bar code scanning systems, wireless networks, large mainframe computers, handheld computers, the internet, and many different pieces of software for tracking packages, calculating fees, maintaining customer accounts, and managing logistics. Let's identify the organisation, management, and technology elements in the UPS package tracking system: 1. The organisation element anchors the package tracking system in UPS's sales and production functions (the main product of UPS is a service - package delivery). It specifies the required procedures for identifying packages with both sender and recipient information, taking inventory, tracking the packages en route, and providing package status reports for UPS customers and customer service representatives. The system must also provide information to satisfy the needs of managers and workers. UPS drivers need to be trained in both package pickup and delivery procedures and in how to use the package tracking system so that they can work efficiently and effectively. UPS customers may need some training to use UPS in-house package tracking software or the UPS website. BBA3_ICT_ASG_2023 Regenesys Business School 1 2. UPS's management is responsible for monitoring service levels and costs and for promoting the company's strategy of combining low cost and superior service. Management decided to use computer systems to increase the ease of sending a package using UPS and of checking its delivery status, thereby reducing delivery costs and increasing sales revenues. 3. The technology supporting this system consists of handheld computers, bar code scanners, desktop computers, wired and wireless communications networks, UPS's data centre, storage technology for the package delivery data, UPS in-house package tracking software, and software to access the web. The result is an information system solution to the business challenge of providing a high level of service with low prices in the face of mounting competition. Additional reading: (Laudon & Laudon, 2021). . Darda, M. (2023, June 14). 3 Ways emerging technology is key to company growth in 2023. Forbes. https://www.forbes.com/sites/forbestechcouncil/2023/06/14/3-ways-emerging-technology-is-kev-to-company- growth-in-2023/?sh=40a24e77dafb (accessed 15 August 2023). Groomsbridge, D. (2022, October 17). Gartner top 10 strategic technology trends for 2023. Gartner. https://www.gartner.com/en/articles/gartner-top-10-strategic-technology-trends-for-2023 (accessed 15 August 2023). Pauley, J. (2023, February 3). Why innovation will be integral to business success in 2023. Forbes. https://www.forbes.com/sites/forbesbusinesscouncil/2023/02/03/why-innovation-will-be-integral-to-business- success-in-2023/?sh=719e93216455 (accessed 15 August 2023) Your organisation has asked you to write a report on the ICT systems and business operations. With the above in mind, use the assignment question to compile your report.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Business Intelligence BI refers to tools technologies and processes that help organizations gather integrate analyze and present business information ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Communication Process and Product

Authors: Mary Ellen Guffey

6th Edition

324578679, 9780324578683, 9780324542905, 176721258, 9780324578676, 324542909, 9780176721251, 978-0324542905

More Books

Students also viewed these Business Communication questions

Question

Claim: 1 Answered: 1 week ago

Answered: 1 week ago