Final answer:
Business intelligence aims to manage information flow for better reporting and analysis, leading to improved decision-making and operational efficiency. It transforms data into actionable intelligence for competitive advantage and applies across various sectors, including agriculture for efficient production.
Step-by-step explanation:
The ultimate goal of business intelligence (BI) is b. To manage information flow into a framework for reporting and analysis. This goal is aimed at enabling better decision-making by utilizing a variety of data sources and analytic tools. Business intelligence systems are designed to handle large volumes of information to help identify, develop, and create new opportunities for business improvement. The power of BI lies in its capacity to transform data into actionable intelligence that can lead to competitive advantages for organizations.Through effective BI practices, businesses can improve their decision-making processes, boost operational efficiency, and gain insights that can lead to increased productivity.
An example of BI's impact is how American farmers have replaced traditional almanacs with data streams driven by global positioning systems, historical rainfall patterns, and weather monitoring services to make farming decisions that maximize production efficiently. Additionally, BI skills are fundamental in the modern workforce where the ability to understand and interpret information can influence numerous sectors including market preferences and public opinions.The ultimate goal of business intelligence is b. To manage information flow into a framework for reporting and analysis. Business intelligence is the process of gathering, analyzing, and interpreting data to make informed business decisions. By managing information flow and organizing it into a framework, businesses can gain valuable insights and make strategic decisions to improve performance and achieve their goals. For example, businesses can use business intelligence to identify market trends, understand customer behavior, optimize operations, and make data-driven decisions that drive growth and profitability.