Accounting systems – Business Intelligence Academic Essay

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Question 1 – Business Intelligence

You are a recent graduate working in a local accounting firm. Your firm provides advice to a large number of clients to assist them with their business. Your managing partner has approached you with a request for more information on the use of Business Intelligence.

Required

Provide a 1,100 word research report to your manager that outlines the following:

  • What is Business Intelligence (BI)?
  • In a contemporary organisation, explain how business intelligence can provide a competitive advantage.
  • Using a loyalty card example from the retail industry, explain how the use of data mining and analytics can impact decision making in an organisation.

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