There Is No Need for Business Intelligence Strategies in Companies

question 10

True/False

There is no need for business intelligence strategies in companies that already have a well-designed ERP system.

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Definitions:

Operating Cash Flow

A measure of the cash generated by a company's normal business operations, indicating its ability to cover its bills and invest in growth.

Current Asset

An asset on the company's balance sheet that is expected to be sold, consumed, or converted into cash within one year or during the normal operating cycle of the business.

Patents

Legal rights granted to inventors that prevent others from making, using, or selling an invention for a certain period of time.

Marketable Securities

Financial instruments that can be easily converted into cash because they have high liquidity and short maturities.