Discuss the importance of the concept of business

Question

This assessment requires you to discuss how approaches to Business Intelligence and Big Data in an organisation may lead to making this organisation more efficient and/or effective.

1. Section 1: You should briefly provide a clear definition of Business Intelligence and Big Data.

2. Section 2: The main focus of the assignment then is to discuss 2 (two) specific Business Intelligence/Big Data techniques and how these may create a competitive advantage.

3. Section 3: You then need to discuss a real-life case study which illustrates and supports the points that you have made.

In order to pass the assessment you will need to:

To discuss the importance of the concept of business intelligence for creating a competitive advantage in e-business.

Identify and discuss specific business intelligence techniques in terms of their potential impact

Answer 1

The task illustrated requisites you to illustrate how approaches to Business Intelligence and Big Data in an organization might lead to making this organization more proficient and/or efficient. 1) Section 1: You must in brief give a clear statement of the Business Intelligence and Big Data. 2) Section 2: The major focus of the assignment then is to illustrate 2 specific Business Intelligence or Big Data methods and how such might make a competitive benefit. 3) Section 3: You then require illustrating a real-life case study that describes and supports the points which you have made. In order to pass the task you will require to: To illustrate the significance of the concept of business intelligence for making a competitive benefit in e-business. Recognize and illustrate particular business intelligence methods in terms of their potential impact.