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Organization, Management, and Strategy of the Digital Firm - Discussion 1. How m

ID: 455653 • Letter: O

Question

Organization, Management, and Strategy of the Digital Firm - Discussion

1. How much can business intelligence and business analytics help companies refine their business strategies?

2. Much of today's analytics capability rests on the idea of Big Data. What exactly does that mean, and how could you use it for your existing (or most recent) employer to gain a competitive advantage?

3. What are some common business strategies for generating growth and revenue? How can they be implemented via tactics? What layers of management are responsible for what level of planning?

Explanation / Answer

Ans 1) Business intelligence and business analytics help companies refine their business strategies in following ways-

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