MGT 425 SEU Spreadsheet Decision Modeling Case Study Discussion

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Business Finance

mgt 425

Saudi electronic university



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‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية‬ ‫اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 2 MGT425-Spreadsheet Decision Modeling Deadline: 20/11/2021 @ 23:59 Course Name: Spreadsheet Decision Modeling Student’s Name: Course Code: MGT425 Student’s ID Number: Semester: 1 CRN: Academic Year: 1442/1443 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. Course Learning Outcomes-Covered Aligned PLOs Course Learning Outcomes (CLOs) Question MGT.K.1 (1.1) MGT.K.3 (1.2) Find some structured ways of dealing with complex managerial decision problems. Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems. Demonstrate the tools for deciding when and which decision models to use for specific problems. Question 1 MGT.S.1 (2.1) Question 2 Question 3 Assignment Instructions: • Log in to Saudi Digital Library (SDL) via University’s website • On first page of SDL, choose “English Databases” • From the list find and click on EBSCO database. • In the Search Bar of EBSCO find the following article: Title: The Effects of Using Business Intelligence Systems on an Excellence Management and Decision-Making Process by Start-Up Companies: A Case Study Author: Otmane Azeroual, Horst Theel (March 2018) Assignment Questions: (Marks 05) Read the above Case Study and answer the following Questions: 1. Explain the decision making method discussed in this study (300-400 words) (2-Marks) 2. What are the advantages of using Business intelligence in companies, as discussed in this study? (250-300words) (2-Marks) 3. What is your opinion about this study and how it is connected to course and beneficial for you? (150-200 words) (1-Mark) Answers:
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MGT425: Case Study



Question 1:
The decision-making model discussed in the case study is Business Intelligence (BI).
Data analysis is a key component of business intelligence and gives relevant information to
business leaders and employees. In the mid-1990s, Howard Dresner, a group analyst, coined
"Business Intelligence" and characterized it as methods and concepts that enhance decisionmaking by evaluating information, processing, and delivering. BI was first coined in 1996, and it
was described as a set of reporting tools that let companies sort through massive amounts of data
to find actionable insights. Company managers in the 1960s utilized Decision Support Systems
DSS, MIS, and EIS to plan and make critical business choices. All businesses and market
participants face various obstacles every day because of globalization's tough competition,
changes in consumer needs, and shifting market conditions. Business intelligence has proven an
indispensable tool ...

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