Question

What is a problem? Give an example of abusiness problem and discuss how acomputer-based information system couldsolve it.

Answer 1

Answer:

A problem is a challenging task or process that needs resources not available to the individual or group responsible for the task.

An example of a business problem is data analysis.

Explanation:

A business enterprise is driven by profit making. Investing in a business opportunity requires or demands for feasibility study. Without the right computer skills, a company dives into various physical forms of survey like giving questionnaires to potential clients.

This form of survey requires a lot of time and money that should be invested in other assets in the company and the data acquired, sometimes  is not enough to make long term business decisions.

On the other hand, when a spreed sheet application is used (like microsoft excel) by a business data analyst with big data and data visualization skills, large data could be accessed online and analysed of a fast and efficient descriptive and predictive analysis for long term business decisions.