BI is used by business to integrate various data sources into one platform, tobring real-time analytics, generate memorable reports, building innovation,and produce actionable insights. Evaluate with FOUR (4) different industryexamples of how Bl improves business operations and performance.

Answered: BI is used by business to integrate…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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BI is used by business to integrate various data sources into one platform, to
bring real-time analytics, generate memorable reports, building innovation,
and produce actionable insights. Evaluate with FOUR (4) different industry
examples of how Bl improves business operations and performance.

Expert Solution

Step 1

The tools, technologies, practices, and applications used in collecting, integrating, analyzing, evaluating, and presenting business information is called business intelligence. It supports a business in making decisions effectively. Business intelligence helps in increasing the productivity and performance of a business.

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