Business Intelligence concepts 1) Benefits of Implementing EDW at Isle Overview Enterprise Data Warehouse (also known as Data Warehouse) is a collection of databases of a business establishment, collected from various sources and operational branches of the said business, and available in a standard format so that it can be analyzed, and used up for preparing reports. (Rahman (2016). Implementing EDW at Isle Isle of Capri Casinos was one of the largest publicly traded gaming companies of the United States. Its headquarters were located at Creve Coeur, St Louis, Missouri. The company was founded in 1992 and went defunct in May 2017. Isle found a way to make its hospitality and entertainment aspect more than what customer might anticipate. Before implementing EDW, the casino managers had to wait for next month to review the monthly data of the previous month. This time gap made it difficult for the casinos to identify which actions were suitable to provide customer appeal (Taneja (2016). Advantages After the implementation of EDW, it had the following advantages: Managers had access…
Business Law assessment one – study period 1 2020 Problem question – worth 20 marks Abigail Anderson is a registered travel agent who owns and operates a small Perth-based business called ‘VC Discovery Tours’ (VC). VC specializes in 14-day ‘all-inclusive’ package tours to Vietnam and Cambodia. The advertised highlights of this tour include visits to ancient temples in Cambodia, a food and music festival in Hanoi, and a three-day Mekong river cruise. Most VC’s customers are below 35 years of age and live in either Australia or New Zealand. When customers book and pay for the tour, the advertised highlights are included in the itinerary VC prepares for (and emails too) each traveler. All of VCs contracts with travelers contain clauses that remind the travelers to take out travel insurance and to organize their visas and recommended/required vaccinations if any. Nick is a resident of New Zealand. He is worried about entering into a contract with an Australian travel agent but decided to book VC’s 14-day tour online, as it was the best deal available. Based on…
Best practices and benefits of social media for companies Social media plays a vital role in businesses by enhancing communications and connections. Networking can enhance partnership and improve relationships among customers and businesses. The purpose of building relationships is to enhance the brand value and website traffic of the company. Social media can reach the target audiences and create potential customers. Description of best practices in social media analytics Social media analytics mainly involves analysis and gathering of data using Facebook, Twitter, or any such social networks. Businesses and marketers usually use this tool to track conversations and engage customers. Conversations are mainly concerned with the experiences of a particular product. One of the best practices in customer engagement. Here, the term “analytics” has been used to refer to the practice of monitoring, measuring, and, most importantly, interpreting the interactions that occur digitally (Turban, Sharda & Delen, 2014). Analytics can help companies to gain better and improved insights regarding the customers and their behavioral patterns. It leads to the generation of better ideas, relationships, and content. Analytics on social media…
Business Leadership and Ethics Considerations I plan to undertake a business venture into the music industry by establishing a recording studio. The studio will be an avenue for different artists, musicians, and other entertainers to pit forth their talent. It will offer them a chance to not only record and produce what they bring but also work on perfecting their art. The studio will provide training and exposure prospects for the artists who shall primarily comprise of upcoming and new faces in the market. It will develop their talent by offering to coach and presenting their word to the broader worldwide platform. My team shall comprise of a producer, recording engineer, studio manager, and a studio assistant. The music producer shall assist in achieving my goals and objectives by selecting the sounds in a composition and the final arrangements. This case would need close work with the recording engineer that will have charge over mixing and altering the sounds to produce the ideal beats and music or recording. The studio manager shall also be significant to the plan as they…
quotes for social media World Autism Awareness Day I might be different from my peers, but I accomplish my milestones in my unique way and timing, so accept and support me. World Health Day The health of a person counts as the most significant life blessing that only the sick can observe. Isra and Miraj Night Allah observes you in your deepest worries as He knows that your help is around the corner. International Day of Families A home may protect you from the elements, but a loving family builds an everlasting home with love and care. World Environment Day When you destroy nature, nature will ruin your lives Father’s Day A dedicated father is more than a hundred schoolmasters Eid Al Fitr May Allah bless you abundantly and give you happiness, peace, and contentment for long future times. World Youth Skills Day Young people need support and role models and not harsh and unguided critics International Day of Friendship Many people walk in and out of our lives, but only real best friends leave lasting footprints of love, care,…
Business Cap DF Discussion – Answers to Questions Answer to Q1a Most importantly, firms today operate in a global setting, where local influences might have severe repercussions across other areas around the world. In this regard, there are some reasons why the United States firms must worry if earthquakes, tsunami, or related incidents hit Japan. While such events could have a significant market on the Japanese markets, including lowering the purchasing power of individuals, such effects would also face U.S based firms. The imports from and exports to Japan would also slow as the proportion of the country’s sectors experience considerable effects. Japan also plays a pertinent function in the global supply chains as both a supplier and producer of products. A small disruption in the production, as well as the distribution of goods, could negatively influence the just-in-time processes. Japan’s production of electronics, vehicles, and semiconductors may include most likely many of the United States firms that depend on Japan for critical parts, including batteries and electrical components, among others. There is also a concern regarding speculation in currency…
CHALLENGES FACED BY BUSINESSES IN IT INVESTMENTS Question 1. Challenges faced by businesses in the application of the holistic framework for the business impact of their IT investments Selecting the right technology as per the needs of the company Investment in new technologies might seem like a challenging and frustrating mission. The many reports of unsuccessful initiatives, the proliferation of options, and the risk of selecting the wrong tools will lead any company to a reluctance to obtain new developments. Enterprises must make a move to stay competitive (Moreno, 2019). The good news is that you don’t have to make rash or new choices since there are essential things to consider once you make a decision. Integration of applications Developing software is also another obstacle frequently faced by companies. New technologies cannot fit well with older computers or outdated systems. Individual systems often prove to be a problem because they operate in practice and cannot be incorporated. As a consequence, organizational and employee productivity can have a significant effect, such as integration problems such as duplication of tasks and failure…
BUSINESS COMMUNICATION Ramsaran-Fowdar, R. R., & Fowdar, S. (2013). The implications of Facebook marketing for organizations. Contemporary Management Research, 9(1). The authors have a strong background in social media marketing and their economic impact on organizations. As such, the authors utilize a competent approach to exemplify how social media has impacted an organization’s online business portfolio. The article targets an audience who utilize social media platforms such as Facebook to market their products and services online (Ramsaran-Fowdar & Fowdar, 2013). The authors show that Facebook poses positive financial impacts on firms using the online platform to showcase their products and services. Besides, the research by Ramsaran and Fowdar compares to the report provided by Pogrebniak in that they evaluate Facebook’s global economic impact relative to enterprises using the platform to advertise their products. However, the article contrasts by stipulating that little information is specific on Facebook’s financial impacts contrary to stipulations provided by Pogrebniak. The article clearly illuminates my bibliography topic since it sheds light on the financial impact of Facebook in marketing. Pogrebniak, V. (2015). Managing Groups on Facebook as a…
Business Continuity Plan for a chosen organization Introduction Business Continuity Planning mainly involves the creation of a system that can prevent a potential disaster or threat. The purpose of creating a BCP is to ensure that assets of the organization are protected, and key stakeholders play an essential role in preparing the plan. Here, a BCP shall be prepared for an IT company that hosts several servers for thousands of clients. The basic activities that BCP can manage effectively shall be outlined. Following that, plans will be prepared for relocating the office to an alternate site. The total expenditure comprising of necessary activities and costs shall be outlined as well. BCP for the organization Cantey Technology, a reputed IT company based in South Carolina, hosts servers and has thousands of clients (Cantey Technology, 2020). It is natural that the business would face issues in its operations in case of any fire-related incident. The network infrastructure and computer hardware are at-risk position. The entire operations of the firm might get hampered if the infrastructure gets damaged due to sudden fire. The…
Business Continuity:BCP for a selected financial institution Introduction An organization operating in the digital age might face potential threats due to natural or human-made disasters. BCP or Business Continuity Planning helps in resolving or preventing the threats and protecting the digital as well as the physical assets of the firm. Therefore, a BCP involves assessment of risks, implementation of safety procedures, and review or monitoring of the process. Here, A BCP shall be prepared for Wells Fargo & Company, a US-based financial service provider. Thereafter, the fundamental activities managed by the plan shall be outlined. A plan for an alternate site for relocation shall be considered, and an approximate budget will be illustrated outlining the costs and activities. BCP for a financial institution Wells Fargo has been one of the leading providers of financial services in the US for the last 160 years. It is headquartered in California, US, and considered the fourth leading bank in the country (Wellsfargo.com, 2020). It committed to serving small businesses and offers mortgages, investing, commercial services, and credit cards to clients. Consequently, online operations…