Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Read on about certain examples of how the application of data warehousing concept is applied in several business industries today. Then, answer the following questions

Read on about certain examples of how the application of data warehousing concept is applied in several business industries today. Then, answer the following questions below.

Application of Data Warehousing

Construction

The construction firms require data on every purchase made during the construction timeline. This purchase needs to be attributed to a source to make financial decisions. The same goes for the wages of contractual employees. All this data will be recorded in a data store and later used for business intelligence by key decision-makers to estimate the overall spending of the company on a single construction site.

Healthcare In healthcare, these central stores of data are used to record patient information from different units of the medical unit. This would include patient personal information, financial transactions with the hospital, and insurance data. All this is consolidated in the data warehouse and connected through the database schema.

Retail For the retail industry, a good example would be a retail data mart that incorporates customer information from cash registers, mailing lists, websites, and feedback cards.

Question: Give an example of how the idea or concept of data warehousing is being used to improve one or more business processes for AT LEAST TEN (10) different business sectors and/or unique companies. Then, explain your chosen business sectors thoroughly.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions

Question

How do certain genetic conditions affect motor control?

Answered: 1 week ago

Question

Convert the numeral to a HinduArabic numeral. A94 12

Answered: 1 week ago