Competitive advantages are never permanent because competition will never go away. Competitors are always trying to one up each other so just when you think you have the advantage the other marketer pulls ahead. This keeps the competition on going and therefore the competitive advantages could never be permanent. Short Answer Questions - Chapter 2 What is the role of a supply chain management
System (TPS) perform routine operations and serve as a foundation for other systems. Transaction Processing System (TPS) is an information processing system for all business transactions involving collection, modification and retrieval of transaction data. There are two types of Transaction Processing System (TPS). Batch processing is a system that whereby business transaction are accumulated over a period of time and prepared
combining still images. This is when I was attracted to the world of Data Analytics. The Science of understanding how to curate and prepare data, analyze it, deduce unknown correlations and other useful information and using it to make better decisions. I was appreciated and recognized for this project from our university and this positive reinforcement was indeed a precursor to many upcoming achievements and my never ending enthusiasm for Data Science. After finishing college, I also got an opportunity to
relating to data quality in the data warehouse are resolved through the planning, using evaluation criteria for the data quality, through total data quality management and classification of problems relating to data quality in the data warehouse, evaluating the data warehouse structure regarding the quality and using the instruments for data quality, quality control standards and metadata quality control system. 4. A study was done on a descriptive classification of causes of data quality problems
Introduction Data warehouse (DW) is a repository of data that are extracted from heterogeneous databases of various departments of a business. Business intelligence (BI) are collection of methods and techniques that are utilised for analysing those data stored in data warehouse. The business decision makers make a business decision based on the data analysis. Thus data warehousing and business intelligence are related to each other. An organization requires data warehousing and business intelligence
facing semi-structured or unstructured problem happened in information field. According to Ralph and George (2011), the characteristics of Decision Support System (DSS) are allows users to access information faster and accurately, can conduct many data in variety of sources, support in decision making and so on. There are several types of components in Decision Support System (DSS), which are the database, the model base and the user interface or dialogue manager (Ralph & George,
Q1. Data and Information available to Tesco (make reference to the products , locations and operation Company Profile Tesco, Britain’s current major grocery store (Retail Economics, 2014) and the current second largest retailer in the world behind Wal-Stores in the Top 25 ranking of retailers in the world ( Supermarket News, 2014). With an international headquarter in the United Kingdom; the company currently operates almost seven thousand stores in two continents and a workforce of around five
Business Intelligence or more commonly known as BI, is a technology that processes large amounts of data, known as big data. BI gives knowledge and understanding on data by using business analytic tools to presents the information to people such as business managers, CIO’s to make more informed business decisions. It identifies patterns, assess business processes, market trends and other factors to improve cooperate strategies and internal operations.BI brings real-time information to centralized
in sales volume. There is no under or over absorption of - All overhead have to be recovered, overhead. (Hence, no adjustment is require otherwise loss will be made. in the income statement) Advantages and Disadvantages of Absorption Costing Advantages Disadvantages Absorption costing includes an element - Not as useful in short term decision of fixed overhead in inventory values.
Nowadays, big data become more familiar because of its importance and the advantages to the technology world right now. The ability of big data makes data become almost identified as one of the key trends driving change in the 21st century. Data are variously described as the ‘data revolution’ the ‘era of big data’, or more simply known as ‘big data’. So, what is big data? Big data is a term that are describes the large volume of many types of data and both of the data is structured and unstructured