Discuss the Differences Between Business Analytics and Business Intelligence

question 16

Essay

Discuss the differences between business analytics and business intelligence.

---

Definitions:

Reactive

describes a response or action that is taken as a result of an external stimulus, rather than initiated by proactive planning.

Proactive

Pertains to taking initiative and acting in anticipation of future problems or needs.

Innovation Strategy

A plan or approach designed to encourage and manage new ideas, products, or methodologies within an organization to drive growth and competitive advantage.

Government Scrutiny

Government scrutiny involves the close examination and oversight by governmental bodies of activities within various sectors to ensure legality, ethics, and compliance with standards and regulations.