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In the current conditions of a volatile economic environment, the ability to use an intelligent way the information that allows agricultural companies to cope with the challenges that they are facing regarding the current economic environment, represents the solution to strengthen their position...
Persistent link: https://www.econbiz.de/10011258785
The paper tries to identify some causes and implications of the web phenomena into the decision making field. It also includes examples in order to better justify the ideas. The literature and the practice are very rich in examples of Decision Support Systems (DSS) and Business Intelligence...
Persistent link: https://www.econbiz.de/10011260770
The managerial structures need a powerful instrument for measuring, monitoring and tracking down the key business processes. Under harsh competitive conditions, managers are now forced to solve complex problems, often not sufficiently clearly- defined, which have multiple-planned implications....
Persistent link: https://www.econbiz.de/10005786963
Implementing Decision Support System (DSS) for the management by budgets has become one of the top priorities for the vast majority of today’s organizations. This system represents a powerful tool for planning and controlling in the managerial activity. The new technologies for Business...
Persistent link: https://www.econbiz.de/10005621735
Subordinated to performance management, Business Intelligence approaches help firms to optimize business performance. Key performance indicators will be added to the multidimensional model grounding the performance perspectives. With respect to the Business Intelligence value chain, a...
Persistent link: https://www.econbiz.de/10008923052
Nowadays, the Information Communication Technology has pervaded literally the companies. In the company circulates an huge amount of information but too much information doesn’t provide any added value. The overload of information exceeds individual processing capacity and slowdowns decision...
Persistent link: https://www.econbiz.de/10009149423
The present state of world economy urges managers to look for new methods, which can help to start the economic growth. To achieve this goal, managers use standard as well as new procedures. The fundamental prerequisite of the efficient decision-making processes are actual and right information....
Persistent link: https://www.econbiz.de/10008765645
With respect to the project management framework, a project live cycle consists of phases like: initiation, planning, execution, monitoring & control and closing. Monitoring implies measuring the progress and performance of the project during its execution and communicating the status. Actual...
Persistent link: https://www.econbiz.de/10011109386
Business Intelligence (BI) is unanimous considered the art of gaining business advantage from data; therefore BI systems and infrastructures must integrate disparate data sources into a single coherent framework for real-time reporting and detailed analysis within the extended enterprise. Also...
Persistent link: https://www.econbiz.de/10011112083
Business Intelligence (BI) represents the ability to look into the core of a business, in order to fundament the most effective and profitable decisions. An operational BI system sustains daily activities through the following functionalities: real-time informing, secured access to information...
Persistent link: https://www.econbiz.de/10011257777