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Business informatics centers around creating programming and equipment frameworks which ultimately provide the organization with effective operation based on information technology application. [1] The focus on programming and equipment boosts the value of the analysis of economics and information technology.
Intelligence cycle management refers to the overall activity of guiding the intelligence cycle, which is a set of processes used to provide decision-useful information (intelligence) to leaders. The cycle consists of several processes, including planning and direction (the focus of this article), collection, processing and exploitation ...
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
In other words, business intelligence focusses on description, while business analytics focusses on prediction and prescription. [1] Business analytics makes extensive use of analytical modeling and numerical analysis, including explanatory and predictive modeling, [2] and fact-based management to drive decision making.
Business Intelligence 2.0 (BI 2.0) is a development of the existing business intelligence model that began in the mid-2000s, where data can be obtained from many sources. The process allows for querying real-time corporate data by employees but approaches the data with a web browser -based solution.
The management by wandering around (MBWA), also management by walking around, [1] refers to a style of business management which involves managers wandering around, in an unstructured manner, through their workplace(s) at random, to check with employees, equipment, or on the status of ongoing work. [1]
Data storage files. The executive can use this part to save useful business information, and this part also helps the executive to search historical business information easily; Output devices, which provide a visual or permanent record for the executive to save or read. This device refers to the visual output device such as monitor or printer
Race walking is an Olympic athletics (track and field) event with distances of 20 kilometres for both men and women and 50 kilometres for men only. Race walking first appeared in the modern Olympics in 1904 in the form of a half-mile (804.672m) walk in the all-round competition, the precursor to the 10-event decathlon. In 1908, stand-alone 1 ...