COMMERCE 2KA3 Study Guide - Final Guide: Business Analytics, User Interface, Predictive Analytics

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 2KA3
• Professor: Ali Reza Montazemi

Document Summary

Made possible through computer algorithms precisely defining steps for a highly structured decision. Require safeguards to ensure proper op and regulation: informational roles. Receive and redistribute info: interpersonal roles managers act as figureheads, liaisons, mngmt strats for. Ba capabilities: multiple best of breed solution, one stop. Hardware firms sell software that run best on their hardware. Only part of decision has clear-cut answers provided by accepted procedures. Intelligence: data from the business enviro, bi infrastructure, business analytics toolset, mngerial users & methods, delivery platform - mis, dss, ess, user interface. Strategy implementation tool that harnesses multiple internal and external performance metrics in order to balance financial and strategic goals. Like customers, finances, business processes, and learning and growth. Infrastructure for collecting, storing, analyzing data produced by business. Bi vendors create bi and analytics purchased by firms: business. Geographic info systems (gis: classical model of mngmt: Act as entrepreuners by initiating new kinds of activities.