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Assignment 1 of Business Intelligence subject
Typology: Thesis
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Qualification BTEC Level 5 HND Diploma in Computing Unit number and title Unit 14: Business Intelligence Submission date November 27th,2019^ Date Received 1st submission Re-submission Date Date Received 2nd submission Student Name Nguyen Ngoc Khang^ Student ID GCD Class GCD0603^ Assessor name Srikanth Raju Kandukuri Student declaration I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that making a false declaration is a form of malpractice. Studentās signature Nguyen Ngoc Khanh Grading grid P1 P2 M1 M2 D1 D
Grade: Assessor Signature: Date: IV Signature:
Background IVYE is a new fashion brand for just from one to two years. This brand focuses on designing and selling all kinds of clothing and accessories for women of all ages. With the rapidly development in the industry, a business strategy is needed to help companies optimize business processes and best decisions. In this current situation, the company assigns a new employee to study business intelligence to apply for the company in the coming years.
LO1 Discuss business processes and the mechanism used to support business decision-making
The definition of the term āBusiness Processā and āSupporting Processesā A business process is a set of linked tasks that find their end in providing services or products to customers. A business process has also been identified as a set of activities and tasks that, once completed, will accomplish the organization's goals. The process must involve clearly defined inputs and a single output. These inputs are made up of all factors that contribute (directly or indirectly) to the added value of the service or product. These factors can be categorized into management processes, operational processes and business process support. The management processes govern the activities of a specific organization. The operational processes form the core business. Supporting processes such as human resources and accounting are in place to support core business processes. There are three main types of business process as the following listed: ļ· Management processes ā governing the operation of a system. Typical management processes include corporate governance and strategic management. ļ· Operational processes - forming the core business and create the main value stream. Typical operating processes are purchasing (invoice process, payment process, risk management process), production (product assembly process, quality assurance process, guarantee process maintenance / prevention.), marketing and sales. ļ· Supporting process - supporting the core processes. Examples include accounting, hiring (start-up process, release process, leave request) and technical support.
Examples for the term āBusiness Processesā and āSupporting processesā Example for the term āBusiness Processesā ļ· Step 1: Start the system. ļ· Step 2: The patient enters the ID and requests to enter the system. ļ· Step 3: The system will check the ID with the available database. o Step 4: If the ID does not match, a message will be required to re-enter the ID or end the session. o Step 5: End of the session. ļ· Step 3: If the ID matches, skip steps 4 and 5 and go to step 6. ļ· Step 6: Confirm that you have entered the correct ID, categorize the request and send it to the person responsible. ļ· Step 7: Who is responsible for multiplying system requests. ļ· Step 8: Check if the problem can be solved. ļ· Step 9: If unable to handle, display error message and patient transfer instruction. And go to step 11. ļ· Step 10: If possible, proceed and return the report. Then skip to step 11. ļ· Step 11: End the session. Figure 1 The example for the term 'Business Processes'- Hospital Management flow chart.
Business Processes Supporting Process Characteristics Business processes occur at all levels of the organization and may or may not be visible to customers Similar in different types of organizations, support processes are often more complex and complex in larger companies, have more participants, and have a high organizational structure. A process diagram or work in logical linked steps Does not help decision making. The process can be manual or automated ( with the help of the technology to help make it more accurate) The basic components: Help make money decision and create the value for the customer
LO2 Compare the tools and technologies associated with business intelligence functionally
The Figure 4, shown the various levels of a typical organization, basic on this pyramid diagram to compare the difference (includes: factor, task, type of decision, support) of three main levels of business organization, we collected the results shown as the following table: Operational management Tactical management: Strategic management Factor Employee: cashiers at a point of sale, bank tellers, nurses in a hospital, customer care staff, etc. Middle-level managers, heads of departments, supervisors, etc. Most senior level in an organization, director Task conduct daily business transactions Control the operation of the operating level Long-term planning for organizations Figure 4 Pyramid Diagram of Organizational levels and information requirements. (99, n.d.)
change frequently. Decision Structured data, highly structured and routine Semi- structured decision Support of semi structured and unstructured decisions (structured decisions can be automated) There is no substitute effect, only nature supports professionals Support information and decision- making process Handling Manage operations using information and process them Routine algorithms (aggregate, compare and summarizes the results) Sophisticated mathematical models, statistical techniques (probability, predictive modeling, etc.) Human- controlled computer systems or programs Encapsulate company data and provide sales performance or statistics tables Input Information about daily transactions Information from output of TPS Internal systems (transaction processing systems, management information systems), external systems. Rules and data from an expert or through open questions Company data, sales performance, market research statistics Output The information is very detailed. (Input of MIS) Report (information) for tactical managers use to monitor, control and predict future performance (make the structured decision). Solutions are interactive Format to display in computers to be used (support for humans) Information inside and outside the company meets the organization's strategic objectives
0% 20% 40% 60% 80% 100% Employee Manager Director
Decision Impact Figure 6 The frequency and influence of decision-making within the organization level.
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