MIS480 Discussion 1

MIS480 Discussion 1

Briefly describe the importance of using business intelligence to make decisions within an accounting, finance, or marketing organization. Provide an example of how you have used business intelligence in your current role. If you do not use business intelligence in your current role, explain how you can use it in a business.

Post your initial response (of at least 250 words)

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Both small, medium and large business can make better decisions with the help of Business Intelligence, through helping every organization access big data functionalities that fits their description. With considerable benefits from better analytics studies show that even small businesses can still thrive in the business world; however, the challenge comes in if this small business cannot manage the cost of using Business Intelligence (Hejase, 2018).

            In the contemporary setting one can note that financial analysis and reporting are the bedrocks of most businesses (Rick, 2013,).

(343 words)