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Black and Red Tech Programming Presentation
Black and Red Tech Programming Presentation
The term "business An organization can gather data from For example, a corporation can
intelligence" (BI) refers both internal and external sources utilize BI to gather sales data,
with the aid of BI. The data is then forecast consumer trends, and
to the process, tools, assess the effectiveness of
arranged and processed to create
and techniques for various branches. Managers may
clear reports, dashboards, and
gathering, organizing, infographics that assist users in gain a general understanding of
analyzing, and understanding and making sense of their organization, examine
presenting business business information. An critical KPIs, and make choices
information to support organization can gather data from based on accurate and reliable
decision-making inside both internal and external sources information by using BI reports
with the aid of BI. and dashboards.
an organization.
2. Business processes
Business processes are a collection of connected tasks that are A business process typically comprises of predetermined actions and
completed in a particular order in order to accomplish the tasks carried out in a logical order. The identification of consumer
objectives of an organization. Organizations can generate demands, information gathering, data processing, planning,
goods or services, provide consumers with value, and production, quality control, distribution, and management are a few
accomplish their objectives by organizing and coordinating examples of these phases. Business procedures are crucial for
their work, resources, and information through the use of improving an organization's productivity and performance,
business processes. guaranteeing the supply of goods and services that satisfy customer
needs, and generating profit.
For example, a business process for a company that manufactures a product might include the following steps:
Identify market needs and conduct market research to assess potential and consumer trends. Develop production plans,
including material selection, production process definition and schedule planning. Purchase raw materials and materials
needed for the production process. Producing products according to established processes, checking quality during
production. Pack the product and prepare it for distribution. Distributing products to customers or distribution channels.
3. Decision support processes
The actions and technologies used in decision support processes are used to gather, process, and analyze business data
to assist decision-making inside an organization. By using this approach, managers and staff can get the data they
require, conduct in-depth research, and come to informed conclusions.
• Data Analysis: Data is analyzed to find patterns, trends, and relationships between
different factors.
Microsoft Power BI is a well-known and effective business intelligence (BI) tool that enables users to
connect to and work with a wide range of data sources, develop interactive dashboards, and produce
stunning reports.
These are only a few of the widely used BI tools; given how quickly the technology sector is developing, there
may be many more. The ideal tool for the job will rely on your budget and business needs.
2.Data visualization
Data visualization is the graphical representation of data and information using visual elements such as
charts, graphs, maps, and other visual formats. It is a powerful way to communicate complex data in a
clear and intuitive manner, allowing users to easily grasp patterns, trends, and insights from the data.
• Microsoft Power BI
• QlikView and Qlik Sense
• Google Data Studio
• D3.js (JavaScript library for creating custom visualizations)
• Python libraries like Matplotlib, Seaborn, and Plotly
• R programming language with ggplot2 and shiny packages.
These tools offer a range of features and capabilities for creating interactive and visually appealing data
visualizations. The choice of tool depends on factors such as the complexity of data, the desired level of
interactivity, and the specific requirements of the project or organization.
3. Type of decision operational, tactical and strategic
Decisions in organizations can be categorized into three main types: operational, tactical, and strategic decisions.
Each type of decision is made at a different level of the organization and serves a specific purpose
Main features:
Main features:
• Frequency: Performed periodically, usually monthly, quarterly or annually
• Timeframe: Medium-term impact and focus on implementation and adjustment of plans and strategies
• Scope: Refers to specific functional areas or parts
• Data and Information: Rely on strategic and operational data to measure performance and make informed
decisions
• Examples: Allocating resources to different projects, adjusting pricing strategies, optimizing supply chain
processes, developing marketing campaigns
Strategic Decisions:
Strategic decisions are long-term decisions made by top-level executives and leaders to set the overall
direction and vision of the organization.
• Frequency: Done infrequently, usually annually or over a longer period of time
• Timeframe: Long-term impact and focus on the future direction and competitiveness of the organization
• Scope: Affects the entire organization and its strategic position in the market
• Data and Information: Based on internal and external data and information, including market trends,
industry analysis, and competitive intelligence
• Examples: Setting organizational goals and objectives, entering new markets, mergers and acquisitions,
developing new product lines, major investments in technology or infrastructure
4. Compare the types of support available for business
in your scenario
Business process (BP) and business intelligence (BI) are two key ideas in the field of business support.
Each plays a unique part in delivering information and enhancing an organization's operational success.
Here is an evaluation of BI and BP:
• Target:
Business Processes focuses on optimizing an organization's operational processes for best performance. It emphasizes defining,
organizing, and improving work processes to ensure high efficiency and productivity.
• Limit:
Business Processes focuses on the organization's core processes, including manufacturing processes, customer service processes, financial
processes, and human resource management processes.
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