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The Importance of Measuring Enterprise Impact

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The Importance of Measuring Enterprise Impact

Write a 350- to 700-word summary of the discussion your team had about enterprise impact and measurement of business intelligence in Week 4.
Include a discussion on the measuring, monitoring, and managing of the work environment. How does the business handle these demands?
The video provided valuable information on the Importance of Measuring Enterprise, in which a business deals with day to day transitions, monitoring how well they can handle the demands of Measuring, track, and managing the work environment. This will be the way it can improve as well as support any management decisions. This is a key factor for any business to monitor the overall production process of the organization, helping management with decision making. One of the benefits is that businesses have the capability to monitor up-to-the minute information, and have real time tracking business transactions.
In the video, it states that very few firms have very good data systems that use information technology to track the flow of goods and services. Data can easily be manipulated to adjust numbers for any given company especially the firms that outsource data to other countries. The majority of the companies, who outsource data to other countries, do it to cut down on the cost. One of the issues is that there is no real audit for outsourcing business data; therefore they can be altering the numbers to show that the production is doing well.
In today’s world organizations are able to track their data with computer programs that gives management feedback on goods and services. For instance, an Enterprise application is computer program or software that is designed to integrate all aspects of a company’s operations and allows for better monitoring. Customer feedback is also important because they are the ones that make the business a business. There are three important factors, which are marketing, sales, and distribution. For example, marketing is important because it draws customers to view the product or service. Lastly, staying in communication with business partners will help keep information flowing.…...

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