BI represents a bold new paradigm in which the company's business strategy must be aligned to its business intelligence analysis

Question

1 year ago

12

initiatives. Group of answer choices True False

1 answer:

nikdorinn [45] · Answer 1 · 2023-03-01T06:44:32+03:00

The answer is, False.

A collection of tools (technology, applications, etc.) known as business intelligence (BI) is used to enable better business decisions.
BI is a tool for achieving goals, not a goal in and of itself.
BI is a crucial tool since technology is advancing quickly and steadily.
For instance, it took Walmart several decades to overtake Sears as the leading retailer in the United States, but Amazon did so in only a few short years.
Our world has radically transformed as a result of new technology, and no organization can afford to fall behind.

<h3>What do you mean by business intelligence?</h3>

Business intelligence (BI) is a technology-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.

<h3>What is business intelligence give examples?</h3>

BI encourages the use of historical data to promote fact-based decision making as opposed to assumptions and intuition.
Data analysis is carried out by BI tools, which also produce reports, summaries, dashboards, maps, graphs, and charts to give users a thorough understanding of the nature of the business.

Learn more about business intelligence here:

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