Data Handling And Business Intelligence (Assessment 1)
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This report explains the importance of data handling and business intelligence in decision-making criteria and organizational performance. It also discusses the strategic impacts and benefits of business intelligence utilization in Malaysian public listed companies.
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Data Handling And Business Intelligence
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Table of Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................1
INTRODUCTION Data handling is regarded to be one of the finest entities that is usually tackled by many organisations now and then. There are certain trendsetter pertaining to data handling in the organisation such that they can contribute over the decision making criteria of the entire company. In this technology driven approach various organisations are usually practicing strategic decision making criteria in order to improve their organisational performance. In this regard the data intelligence is one of the trend that is pertaining with regard to information and business insights and that can bring about a well decision making policy (Chen and et.al, 2018). This can also reflect upon the actionable information that is to be provided over the managerial decision making criteria and that has initiated the conceptual performance and appropriate practices using the big data analysis. The report brings about a review over the article realising the strategic impact of business intelligence utilisation and this trend which is being pertaining in organisations in order to bring about a very good organisational culture. All the analytical capabilities are being discussed along with the strategic impacts. MAIN BODY The research is oriented with a highly competitive and dynamic business environment that intends to bring about information in order to strengthen the decision-making policy. This is reflected over the article realizing the strategic impact of business intelligence utilisation where there are certain trends that are being provided. It brings about certain facts of the management practices are said to be the ones that will come by in every criteria of decision making and that will reflect upon the organisational performance. In this regard business intelligence is said to be one of the most important aspect where the management information systems will include into transforming the data which will bring about informed decisions (Du and et.al, 2020). Analysing data is regarded to be one of the most prominent technology-driven process where there are certain actionable information that are being managed over a proper decision making criteria. On a whole the business intelligence is regarded to be one of the most probable entity where the availability of big data is regarded to be one of the important concept in this. The business intelligence is also regarded to be one of the biggest trend that is pertaining in organisations where it will also bring about an appropriate tool to work with big data. This can speed up every decision making criteria and in a right pattern. Business intelligence is composed of many dimensions as well as many criteria that will bring about data integration analytical capabilities
business processes along with the content quality and decision making culture. This regard to be the finest decisions that are portrayed upon various organisations and in the public listed companies this is one of the biggest benefit that they are dealing with. They can also potentially a red in the system and that will bring about an adoption of various business policies during which the business intelligence is said to be one of the perpetual component that can translate business value (Nguyen and et.al, 2019). When business intelligence is going hand in hand with the larger organisations there is an unclear approach whether the organisations are more into bringing about benefits that are listed with the potentiality. The research paper that is oriented with this particular article will emphasize upon the fact that the minimum business intelligence criteria is applied over the utilisation of key business processes and that will reflect upon decision-making. This can also translate every business value that is one of the important strategic orientation. There are certain functional areas in the organisation which utilizes business intelligence as one of the biggest tool to work with big data. The organisational functional units are the adoption of definite translated business values and that is what is being depicted by the business utilisation criteria. One of the important factor that is most seen in striving towards business is maintaining sustainability. The review of article emphasize upon the Malaysian public listed companies. There is said to be an emerging market in the Malaysian listed companies and this country is regarded to be one of the important criteria in this. There are certain household findings and private investments which are regarded to be high. The country Malaysia is growing in terms of its economy and it is also regarded to be one of the fastest growing country in the terms of economy. The growth prospect of this is said to be one of its base line protection and it has a growth rate of 4.3 and 4.8 per year. The biggest contributors for the Malaysian economy are the public listed companies in Malaysia. Their contribution is very significant when it comes to maintain the business sustainability and that is what is being depicted in this review (Armaghani and et.al, 2020). A critical concern is being raised by many other companies that will bring about and evidence of certain industry reports and the news that is in relation to business. Since this is being listed as one of the most prominent aspects there is also certain pressure that is being imposed upon by the stakeholders and this will have to be dealt in a wider context with regard to all the political social changes and intensified global competition. With all these factors that will become a difficulty in order to maintain sustainability and the companies will also be at risk. It is necessary to examine sustainability at all prospects and to ensure our people profit and planet
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(Bittig and et.al, 2019). Business sustainability and the factors that are included in rates can be effectively maintained with all the knowledge that can be optimised upon managing the performance as well as the interest of stakeholders such that a kind of sustainable atmosphere can be maintained. This is strategic driven approach and the different impacts that are included in strategies are also listed in the review. Through strategic impact one, one can easily understand the factor enhancing economic performance. By the usage of business intelligence that can be a positive impact over the organisation and their performance dimensions. This can be the one that is revolving around the marketing and sales of the organisation and that will bring about an internal procurement. Business intelligence utilisation which has been one of the biggest trend is being included in order to determine the trends that are pertaining with regard to the customer as well as their request upon anticipating certain behaviour from the organisation (Liu and et.al, 2019). To reach the fundamental goals of the organisation these are the particular approaches that they usually identify and will address. In this manner the productivity improvement can be gratified. The strategic impact two will bring about the ideology of strengthening environmental performance and that is seen in almost all the organisational planning which brought about improvement in the performance as well as to gain competitive advantage. The strategic impact theory will bring about the reinforcing social performance which is important in order to improve the business processes and also to draw more number of opportunities that are a rational for intelligence. The business intelligence is also one of the significant move that will bring about sharing of knowledge and innovation ideas. This can also help the public listed companies in order to involve into different corporate and social activities. There can also be a good reputation with regard to the corporate atmosphere and the performance of the organisation can be maintained on a durable basis. CONCLUSION The report concludes upon explaining the aspect of data handling to be one of the most finest entities. There are certain decision-making criteria that are being put forth in this report in order to explain about the organisational performance. The highly competitive and dynamic business environment along with the decision-making policy and that is being adopted by various friends that are provided in the organisational performance is being depicted in this report. The concept as well as the biggest to trendsetter pertaining in the organisations are also explain with
foreigners decision-making policy and that is ported over the benefits that are being included. The potentiality of the organisation along with the definition factors and using the Malaysian public listed companies is also explained in this report. The prominent aspect as a part of stakeholder pressure is also included and finally the sustainability factors along with the strategic impacts is depicted in the report.
REFERENCES Books and journals Armaghani and et.al, 2020. Application of group method of data handling technique in assessing deformation of rock mass. 1. 1(1). p.001. Bittig and et.al, 2019. A BGC-Argo guide: Planning, deployment, data handling and usage. Frontiers in Marine Science. 6. p.502. Chen and et.al, 2018. TBtools, a toolkit for biologists integrating various biological data handling tools with a user-friendly interface. BioRxiv, p.289660. Du and et.al, 2020. Advances of four machine learning methods for spatial data handling: A review. Journal of Geovisualization and Spatial Analysis. 4. pp.1-25. Liu and et.al, 2019. Wind speed forecasting models based on data decomposition, feature selection and group method of data handling network. Measurement. 148. p.106971. Nguyen and et.al, 2019. A novel analysis-prediction approach for geometrically nonlinear problems using group method of data handling. Computer Methods in Applied Mechanics and Engineering. 354. pp.506-526. Online Data Handling: [Online]. Available through: <What is Data Handling? | Types of Data Handling | Examples (cuemath.com)> 1
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