Although a Key Component of Business Intelligence Is Gathering Data

question 12

Essay

Although a key component of business intelligence is gathering data that are relevant to the decision makers in your organization, it is considered to be a good idea to include extra potentially irrelevant data. Why?

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Definitions:

Psychosocial Development

The development of the personality and the acquisition of social attitudes and skills from infancy through maturity.

Erikson

A psychosocial development theorist known for his 8-stage theory of human development.

Initiative Versus Guilt

Erikson’s third psychosocial stage in which young children develop a sense of purposefulness, try new skills and activities, and take pride in their accomplishments, as well as feel guilt if they are unsuccessful.

Economic Labor

The work performed by individuals that contributes to the production of goods and services in an economy.