Define business intelligence

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1. Define business intelligence (BI) and what are its typical components?

2. What is Data Science and how does it relate to and differ from B.I.? What type of organization does data science help create?

3. What are the direct costs in the manufacturing of potato chips? How are they different from indirect costs in the manufacturing of potato chips (provide examples)?

4. What is variance analysis when it comes to performance analysis and what type of future decisions can it help with?

5. Why is it important to learn about what your company does, its strategy, and its business partners even though you work in a Business Intelligence group?

6. Amazon just recently purchased Whole Foods to create a stronger (it hopes) position in the retail industry. What supply chain concept encompasses this move and explain why?

7. What is the value chain and how does it help with comprehensive analysis and decisions? Draw and illustrate an example, using the Nike shoe company as an example.

8. What is a supply chain. Draw an example supply chain for Apple and its iPhone products. Illustrate the supply chain with different descriptive labels to explain. How does the Apple iPhone supply chain differ from the Samsung phone supply chain?

9. What is a company position and how does it relate to strategy? Use a car brand drawing to demonstrate?

Reference no: EM133033938

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