Business Intelligence Technology Issues Assignment

Business Intelligence Technology Issues - Assignment Example This resultant form of information, termed as knowledge now, can be utilized at large by decision makers. The key business terminology of business intelligence, however, has more than just one meaning associated with it. The various meanings that it may relate to are in correspondence with the numerous ways in which business intelligence can be deployed. Each business holds this entity as its integral part. Without the introduction and implementation of business intelligence into present day organizational structures it may potentially be impossible to run a business at all. In order to demonstrate the variations in its meaning two sample practical meanings of Business Intelligence are demonstrated as under. â€Å"Business intelligence (BI) is a broad category of application programs and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support, quer y and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining.† (Sauder, 2011) and, â€Å"Normally describes the result of in-depth analysis of detailed business data. Includes database and application technologies, as well as analysis practices. Sometimes used synonymously with "decision support," though business intelligence is technically much broader, potentially encompassing knowledge management, enterprise resource planning, and data mining, among other practices. ...† (csumb, 2011) TECHNOLOGY AND BUSINESS INTELLIGENCE Present day technological advancements have evolved the meaning of business even further. The technology that is used to deploy the business intelligent practices is ever changing. The ever-growing technological advancements are improving the business intelligence methodologies. However every subsequent technological advancement accompanies issues as well. Following is an account of these issues: Data and T echnology 1) The data of an organization is complex and not properly formulated. The organization of data results in timely implementation of Business Intelligent protocols often resulting in their implementation delay and eventually failure. For example, same objects or entities may be quoted within different systems of a the redundancy and clearing out the definition in which these things are used are tasks that hinder timely implementation of business intelligence issues. 2) At times the chosen business intelligence technology does not suit the existing environment of an organization. The technology of business intelligence proves to be so rigid and cumbersome to change that efficient and timely implement of the project becomes impossible. 3) The Business Intelligence technology used may hinder the existing usage of a current system because: The revealing and imaging of the existing information is done in poor or limited manner. The responsiveness of the data within the system is slow. This cannot be acceptable as proficiency in time is the key issue in business intelligent systems. The process of asking new questions related to the business intelligence technology by the end users or the business intelligence experts may be limited due to their complexity or excessive time consumption. The data required for the business intelligent systems may not be resource-able. This may be due to the fact that no

Financing the Short Term Obligations of The Business Assignment - 1

Financing the Short Term Obligations of The Business - Assignment Example b. Retained earnings Retained earnings are profits that have been retained within the business for use in the operation of the business instead of being paid out as dividends to its shareholders. One of the operational uses of profits retained in the business is meeting the business short-term obligations. c. Capital Market Sourcing funds through the capital market simply meant getting additional funds through the issuance of new shares of stocks. If a company is unquoted, it simply has to obtain a Stock Exchange quotation to be able to issue shares of stocks to raise funds for the operation of the business (Macdonald and Cheng 1997). d. Financial leases Finance leases are lease agreements between the user of the leased asset (the lessee) and a provider of finance (the lessor) during the leased asset’s useful life (Macdonald and Cheng 1997). This arrangement is usually resorted to in obtaining fixed assets whereby a creditor agrees to act as the lessor by purchasing the asset and lease it to a company. The company will then use the asset and make regular payments to the creditor under the team of the lease (Macdonald and Cheng 1997). II. ... In fiscal year 2009, it experienced a slowdown due to the adverse macroeconomic conditions that includes high unemployment rate caused by the financial crisis in addition to H1N1 pandemic. It still managed to increase its net earnings during the year of comparison (2009). Liquidity Ratio Current Ratio (Current assets/current liability) Current assets (in million) 370.6 Current liabilities 482.3 Current ratio .76 Acid test (Cash + Accounts Receivable + Short-term investment/current liability) Cash 121.7 Accounts Receivable 130 + Total cash and equivalents 251.7 Current liability 482.3 / Acid ratio .52 Efficiency Creditor days 16.78 (see appendix) Debtor days (debt/salesx365 days) 67.5 million/2,537.4 million x 365 days =9.7 days Inventory turnover = 0 (see appendix) McDonalds McDonald's is the leading global foodservice retailer with more than 33,000 local restaurants serving nearly 68 million people in 119 countries each day (McDonalds 2012). It is headquartered in the US and derives its revenue mainly from rent, royalties and fees paid by its franchises in addition to the company sales. McDonalds is also one of the most recognizable brands in the world. Financial Analysis Liquidity Ratios Current Ratio (Current assets/current liability) Current assets(in millions) 3,416 Current liabilities 2,988.70 / Current ratio 1.14 Acid test (Cash + Accounts Receivable + Short-term investment/current liability) Cash 1,796.0 Accounts receivable 1,060.4 + Total 2,856.4 Current liabilities 2,988.70 / Acid test ratio .96 Efficiency Creditor days 18.44 (see appendix) Debtor days (debt/salesx365 days) 181 million/22,744.70 million x 365 days =9.7 days Inventory turnover = 117 Summary 2009 Burger King McDonalds Current Ratio .76 1.14