What problems do you think there will be when you use Business Intelligence?
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What problems do you think there will be when you use Business Intelligence?
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- What is business intelligence and how can it help a company achieve success?You are in the final term of your BBA (Hons) at Jindal Global Business School. The placement season is around the corner, and you have heard your placement representative mention that there is very good possibility that McKinsey (a premier consulting) organization would be coming to campus for recruitment. The role they will be offering is that of a business analyst across multiple verticals (pick an industry you wish to specialize in) It has been a dream of yours to start your career at McKinsey. You have read, researched, and followed their business reports closely over the last 3 years and have a great deal of respect for the brand and for the insights and perspectives their reports contain. You now want to have a detailed plan of action for applying there and want to ensure you leave no stone unturned for getting selected. You reflect on your WAC classes and think of how you should begin your preparation… To begin with, you should update your Résumé. Remember a good résumé should…What is Management Discussion and Analysis. how does it helps the investors in their decision making process.
- In business, if you don’t have data to back up your point of view… You’re winging it You’re reckless You’re just another person with an opinion You’re unlikely to make consistently good decisions All of the aboveConduct a personal analysis of yourself and an analysis of current situation. What are your strengths and weaknesses? What external opportunities or threats might affect any plans you might make? It should include a complete analysis of your current situation. Your discussion should focus on the following important points:a. Identify your three strongest soft skills (These must be the skills which you have practiced and developed in college). Show with evidence how you have developed these skills.b. Discuss about the experience in college and the current sources available to you to improve your soft skills.Do you think intuition is a valid way to make important business decisions? Why or why not? Can you think of a time when you used intuition to make a decision?
- Can a person who is not efficient in math become proficient in Excel? Why or why not?What are the tips for making good decisions?Reaction to discussion below. Do you agree or disagree? Any additional thoughts? It is important to understand that for a business to succeed, being motivated and hardworking does not guarantee a good positive outcome for the company. There are other key factors that have to be in place in order to put the company on a path for success. These factors include effective planning and decision-making with a systematic approach that considers the available information, the goals and objectives of the organization, and the potential outcomes of different decisions. One of the companies I admire the most today is Apple. I because of how it started and all the changes they had to go through to become the company they are today. Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well…
- In today's business environment, do you think business intelligence is nececessary? Why or why not? Justify your answer.What strategies can organizations employ to adapt and adjust their plans in response to changing circumstances or unexpected events?This company has over 600 senior partners elect its Global managing partner every three years. Incumbents resubmit themselves for re-election at the end of three years. “You've got to make sure there is a group of candidates from which to select every three years. That is done by giving partners leadership opportunity where they can be tested”, the Managing Partner said. who was first elected global managing partner and went on to be re-elected two more times. The managing partner was running the office when his name first appeared on the list of candidates. Another, the then successful candidate, arranged for the managing partner to take on the role of chairing another office, standing him in prime position years later. "The successful global managing partner uses the ballot to identify potential future candidates and gives them leadership opportunities." Planning by the global managing director for this succession is crucial. "If a bunch of people leaves after the vote, it is not a…
