Why Is Operational Data Sometimes Unusable for Business Intelligence (BI)use

question 98

Essay

Why is operational data sometimes unusable for Business Intelligence (BI)use?

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Definitions:

Consumer Surplus

The discrepancy between what consumers are ready and able to spend on a good or service and the amount they end up paying.

Producer Surplus

The difference between the amount that producers are willing to accept for a good or service and the actual amount they receive.

Costly Negotiations

Negotiation processes that involve significant expenses, time, or resources, which can affect the willingness of parties to reach an agreement.

High-value

Refers to goods or services that have a substantial value in monetary terms or significant importance to a particular process or situation.