Value of an automated asset inventory system: An automated asset inventory system will assign a high value for the risk identification process. It is because; all hardware components are already identified by model, make, and location. This is attributable to the fact that this denotes an initial step and it aims at finding out the assets of a firm. It consists of people, processes, data, programs, hardware, and networking. In this valuation, accuracy is very significant. Thus, system can be reviewed by the management for the most critical times and can assess their values.

Question

Please original work In the progression from raw data to actionable knowledge, business analysts play a crucial role in transforming and interpreting data to support strategic decision-making. What do you think are the most important skills a business analyst needs to effectively navigate the transition from data to information and then to knowledge? How can organizations ensure that analysts are equipped to extract meaningful insights that drive informed decisions? Share examples or insights from your own experiences or studies. Please cite in text references and add weblinks

Answer 1

Question

Chapter 6, Problem 5E

Program Plan Intro

Value of an automated asset inventory system:

An automated asset inventory system will assign a high value for the risk identification process.

It is because; all hardware components are already identified by model, make, and location.

This is attributable to the fact that this denotes an initial step and it aims at finding out the assets of a firm.

It consists of people, processes, data, programs, hardware, and networking.

In this valuation, accuracy is very significant.

Thus, system can be reviewed by the management for the most critical times and can assess their values.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

Please original work In the progression from raw data to actionable knowledge, business analysts play a crucial role in transforming and interpreting data to support strategic decision-making. What do you think are the most important skills a business analyst needs to effectively navigate the transition from data to information and then to knowledge? How can organizations ensure that analysts are equipped to extract meaningful insights that drive informed decisions? Share examples or insights from your own experiences or studies. Please cite in text references and add weblinks

Research enterprise network services commonly performed by Linux servers. Choose 3 and describe their function, as well as why they are typically set up on Linux machines.

The term color tone refers to the "temperature" of a photo. Question 17Select one: True False