Professional Documents
Culture Documents
Professor’s Name
Course Title
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I. Introduction
A. Introduction
The success of any business relies entirely on effective decision making. Notably, the morals principles and values of an organization are
determined by the nature of the decision-making process. The required competitive advantage, target market, competition, and finance are
determined strategic decisions. Many organizations experience difficulties in decision-making. However, the Decision-support system (DSS),
group decision-support systems (GDSS) and executive support system (ESS) which are examples of business intelligence systems help
inefficient decision-making (Laudon et al. 20). The DSS, GDSS, and ESS all rely on a computer support system to enhance the quality of
decisions in organizations.
Business Intelligence (BI) is a recent innovation and a leading concept in the business world today. It is a powerful tool for the success
of various organizations within the market. The primary role of the BI analytics systems is to aid businesses in identifying trends as well as
patterns in consumer behaviors. The gathered information is used to increase the organization's profitability, focus on clients' needs, and provide
The rapidly growing interactions amid businesses and their clients have resulted in the innovation of customer data mining technologies.
The main objective is to obtain customer information on the taste and preferences, consumption trends, brand perspectives, and more importantly
the general buying behavior. Access to that information is vital to the business for progressive improvement and market competition. It is
essential in the development of effective strategies to adopt by the organization to meet customer expected quality and standards of services.
However, the small and medium-sized business premises face both financial challenges of obtaining or mining data as well as applying
the collected information. Utilizing big data is a major problem facing the management of small and medium-sized businesses which can be
attributed not only to inadequate funds but more to technological inhibiting factors like lack of intelligent systems to analyze the attained data. A
report by Kurniawan, Gunawan, and Kurnia (2014) reveal that relevant information is crucial for the success of any business. Access to the right
information builds the business capacity to grow and manage the growing customer demand and win them a market share.
Organization aggressiveness in the market can be enhanced by the application of business intelligence systems and analytics to obtain relevant
information about their target customers process that data and store it for use in decision-making processes (Trieu 2017). Unfortunately, small
and medium-sized firms usually face innumerable challenges in their attempt to seek to utilize big data for their market advantage. The main
reason is a lack of knowledge and enough finances to apply the necessary techniques for the realization of the benefits accrued to data analytics.
Considering that most SMEs are run by the owners, who may at a certain level lack the technical know-how of the changing technology, make it
a major challenge for the application of the data mining software's like BI intelligence system that aid business management (Papachristodoulou,
Research shows that several managers feel at ease sharing or discussing challenges attached to the implementation of the BI systems.
This is a revelation that they have little knowledge about these systems yet they are the implementers. The broader perspective of this is a society
that has little or no knowledge about the working of the BI systems yet they are the owners of small and medium-sized businesses. Availing the
necessary information on the implementation of these systems is thus an important factor of consideration in the enlightening of the
entrepreneurs.
One of the most essential assets of a business organization is the collection, processing, and storage of relevant information. The users'
operational system that ii the executive turns the wheel of the organization. The management through access to the right information takes
orders, log complaints as well as enroll new customers for their products.
Data management is thus an important tool for the success of every business. Lack of knowledge to gather and process information and
apply it in activities of the business is a major problem. The small and medium-sized business owners face the ability to obtain and utilize the
obtained market information maximally. A large number of small and medium-sized business owners lack the significance of the BI system and
The use of BI systems like DSS, GDSS, and ESS in business helps the managers to make better decisions. For instance, the decision-
support system enhances decision making through the integration of a computer system backed-up with data, technology, knowledge, and model.
Necessarily, the graphical and artificial intelligence (AI) aspect of a DSS makes an important tool in managerial decision-making. Consequently,
a DSS enables the analysis of big data and putting together relevant information which is necessary for problem-solving. On the other hand, A
GDSS integrates a computer system to ensure effective decision making of a team (Laudon et al. 20).
The effective analysis of problematic instances and coming up with a solution by a team depends on a GDSS. Lastly, the ESS eases
facilitates the retrieval of internal and external information which is relevant in decision-making. Moreover, ESS facilitates access to statistical
information which is used by the executives in making important decisions of the organization. However, the use of an ESS is associated with
the developer. Besides, the ESS is designed to suit the individual needs of the organization using it.
Research topic
The study relies on a critical review of the literature. The research study focuses on secondary data for analysis and assessment of
the real-world application. The study is thus more theoretical and non-experimental. The deductive method was applied to obtain the
information pertained in the report. The resources that were used are non-empirical. Qualitative data was the primary source of
information that was used to compile the report of the research. The researcher used the observed method of data collection and
1. Business Intelligence
The concept can be defined as a set of mathematical models and analysis methods that exploits available data
systematically to obtain relevant knowledge and information management necessary for making informed decisions in an
organization. It can as well be acknowledged as a system combining collected data, information stored, as well as management
knowledge with analytical tools that aid the presentation of complex and competitive data to the decision making the body of a
Business Intelligence helps executives by breaking down information from different sources invaluable easily applicable
basic leadership strategic as well as the tactical level for normal utilization and functional planning of a business (Rasoul and
Data sources: The first stage involves the collection of and integration of data stored in various primary as well as
secondary sources. The data collected are heterogeneous in nature and origin. Most are accessible in the operation system,
however, it may entail unstructured data for example emails. Critical knowledge is necessary for unification and integration data
Data marts and warehouses: Application of mining as well as transferring tools such as extract, load, and transform the
data from varying resources are kept in a database system intended to support BI analytics. Such databases are normally referred
The mined data is used to perform mathematical models and analytical methodologies aimed at supporting decision-makers. In
Time Series
Exploratory analysis
Multidimensional analysis
A combination of the above techniques helps visualization of data timely and logically which facilitates the decision making the
There is no exclusive definition of these types' business premises. Different countries have different definitions of what a small
and medium-sized business is. SMEs need to obtain data with speed and precision to survive in the market. It is thus vital for such
businesses to successful aggregate information from multiple sources like networking sites.
2. BI Adoption in SME
The report has shown that a large number of SMEs focus on the level of system functionalities the inevitable access to data, customer
requests responsiveness, the capability to manage various measures of information and usage when purchasing a cloud BI system.
Comprehensive information on the real needs of SMEs in information management via application of BI systems must be induced in a very
professional and proper approach. It crucial to and Worthing mentioning that competitive advantage is merely not through market innovations
and products but as well collecting, processing and analysis of the data has emerged as a new approach to attain competitive advantage by an
organization.
A. A statement of your research question and explanation of how it relates to the literature reviewed
IV. Method
Proposed method 1
B. Research design
Proposed method 2
B. Research design
C. Data collection plans
Proposed method 3
B. Research design
VII. Appendices