BA131-Final Project

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Portland Community College *

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131

Subject

Information Systems

Date

Dec 6, 2023

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docx

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3

Uploaded by edward.sanchez2

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Business Intelligence June 7th, 2021 Edward Sanchez Dear Debbie, Business Intelligence is the subject of my final assignment. This phrase refers to the process of gathering, evaluating, and storing data from businesses for them to listen to and analyze data in order to enhance performance. Business intelligence enables companies to analyze data in order to make informed decisions and ensure that their operations function smoothly and efficiently. Businesses can employ a variety of different business intelligence procedures. Data mining, reporting, performance metrics and benchmarking, descriptive analytics, querying, statistical analysis, data visualization, visual analysis, and data preparation are all examples of these activities. Data, which is a critical component of business intelligence, is present in all of these activities. Data allows us to assess how our company is performing and where problems may exist. Simply said, data is a picture of the complete company and its operations. In today's world of information technology, ethical concerns are frequent. Personal privacy, copyright, liability, and piracy are some of the difficulties that may arise. There are many more issues to discuss, but these are the ones that piqued my interest the most. According to GeeksforGeeks (2020), “ Ethical Issues in Information Technology (IT) .” , personal privacy is an important aspect of this topic. They proceed to say “ IT facilitates the users having their own hardware, operating system and software tools to access the servers that are connected to each other and to the users by a network. Due to the distribution of the network on a large scale, data or information transfer in a big amount takes place which leads to the hidden chances of disclosing information and violating the privacy of any individuals or a group. ” This clarifies that there may be chances of your own privacy or information being disclosed even if you have your own hardware or software. This seems to be an issue that could be arising throughout many companies and businesses. For example, Zoom. Zoom gave out data to third parties without their users’ knowledge. The way this happened was with the integration of LinkedIn which would give our user information to the other individual even if they were anonymously signing in with Zoom. Information systems rely on data kept in computer databases which can store and analyze data from the business to help them make decisions. The same technologies used by information systems can likewise be used to aid business processes. It is extremely advantageous to businesses. Monthly and weekly reports are some of the most essential information provided by business intelligence. Businesses can use the information in these reports to make more informed decisions. The reports can also reveal when the business was performing poorly throughout the month or week, as well as what might have caused it. This might include reports of weekly and monthly statistics from businesses at the start of the pandemic. The data revealed how they were affected, as well as assisting them in making certain decisions and taking certain risks. 1
Copyright is another term you may have come across on the internet, in businesses, or on websites. It refers to a legal right that an owner may have over a particular piece of intellectual property. Is this to say you won't be able to utilize or listen to it? Both yes and no. You may listen to it or use it, but you may not copy it or pass it off as your own. If you do use it, you would be required to give full credits to the original owner. You might see these types of situations on YouTube as well. If you do decide to use it, you must provide full credit to the original creator. These kinds of events can also be seen on YouTube. Liabilities such as accounts payable, taxes payable, salaries and wages payable, and payroll taxes are also included in information systems. There are many more liabilities than the ones I just mentioned, but those are some of the more common ones. Information systems are included because they assist businesses in determining their liabilities. What are the benefits of this in terms of management projects? Making data-driven judgments is the whole reason of information systems. These decision-making scenarios can aid project management in a variety of ways, including due dates, revisions, risks, integrations, new software, and so on. Companies prosper when they can collect their data, analyze, and improve their business. Business intelligence might come from data gathered by information systems or from outside sources. This is what allows a company to function as it does. There are numerous businesses all around us. They all employ business intelligence, but some may be more effective than others, which is why companies compete. They aspire to outperform the competition in terms of sales. Competition isn't always a terrible thing; it can sometimes be beneficial. In my opinion, competition encourages the growth of new firms and opportunities for others. Best Regards, Edward Sanchez 2
Bibliography “What Are Information Systems, and How Do They Benefit Business.” WSU Online MBA, June 8, 2020. https://onlinemba.wsu.edu/blog/what-are-information-systems-and-how-do- they-benefit-business/. “Ethical Issues in Information Technology (IT).” GeeksforGeeks, January 27, 2020. https://www.geeksforgeeks.org/ethical-issues-in-information-technology-it/ . Mikalauskas, Edvardas. “6 Examples of Online Privacy Violation.” CyberNews, April 30, 2021. https://cybernews.com/privacy/6-examples-of-online-privacy-violation/ . “What Are Information Systems, and How Do They Benefit Business.” WSU Online MBA, June 8, 2020. https://onlinemba.wsu.edu/blog/what-are-information-systems-and-how-do- they-benefit-business/. “What Is Business Intelligence? Your Guide to BI and Why It Matters.” Tableau. Accessed June 11, 2021. https://www.tableau.com/learn/articles/business-intelligence . 3
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