To classify: The given companies as high or low uncertain environment. Introduction: In the technological environment, every organization is found to lack the information in relation to the facts around. The business might face uncertain situations under which they might lose their customers very easily. These situations are unknown by the organization. The way in which the organization tackles the situation proves their consistency.

Question

What managers really want from data are clear, foolproof, no-work solutions and the simple ability to predict the future. They want to know exactly what the demand for their current and proposed products will be; how and when prices for goods, services, stocks, and securities will rise and fall; what dangers and opportunities exist within their grasp; and how their decisions will affect their costs of doing business in the present, the near future, and the long term. As business operations become more complex and competitive, and as data volumes grow, companies are increasingly turning to tools like simulation and machine learning to provide these predictions. Machine learning, in particular, has become very popular, largely due to the continued development and impressive performance of deep-learning algorithms for neural networks. In addition, simulations of various sorts have been used for many years to test and develop operational system designs and operational policy decisions.…

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Question

Chapter 3, Problem 7DQ

Summary Introduction

To classify:

The given companies as high or low uncertain environment.

Introduction:

In the technological environment, every organization is found to lack the information in relation to the facts around. The business might face uncertain situations under which they might lose their customers very easily. These situations are unknown by the organization. The way in which the organization tackles the situation proves their consistency.

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What managers really want from data are clear, foolproof, no-work solutions and the simple ability to predict the future. They want to know exactly what the demand for their current and proposed products will be; how and when prices for goods, services, stocks, and securities will rise and fall; what dangers and opportunities exist within their grasp; and how their decisions will affect their costs of doing business in the present, the near future, and the long term. As business operations become more complex and competitive, and as data volumes grow, companies are increasingly turning to tools like simulation and machine learning to provide these predictions. Machine learning, in particular, has become very popular, largely due to the continued development and impressive performance of deep-learning algorithms for neural networks. In addition, simulations of various sorts have been used for many years to test and develop operational system designs and operational policy decisions.…

Write a conclusion for the study and include your thoughts about the topic of this study.

United Garments aims to incorporate Business Intelligence in order to increase decision-making in the company. At which stage of decision making would United Garments prescribe Business Intelligence and why?