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When Important Life Events Occur, BI Can Help Determine Changes

question 17

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When important life events occur, BI can help determine changes in purchasing patterns. This allows them to tailor sales and coupons to a particular event.


Definitions:

Intellectual Capital

The collective knowledge, information, intellectual property, and talent of an organization that can be used to create wealth.

Production Staff

Employees involved in the operational processes of creating products or delivering services in an organization.

Knowledge Management

is the practice of capturing, developing, sharing, and effectively using organizational knowledge.

Intellectual Capital

The intangible value of an organization's knowledge, skills, and innovative potential.

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