Business Intelligence Applications

Question 1

Decision Support Systems are the heart of business intelligence applications and are used by key personnel to help facilitate business strategy especially in times of uncertainty and change. Consider an organization that has been in the news lately and the business environment pressures they recently experienced. For this discussion board, please complete the following:

• Describe the pressures experienced by the company.

Question 2

 

• Use the Internet to research the annual report of at least one (1) merchandising company. Determine which costing method (Last In First Out [LIFO], First In First Out [FIFO], or weighted average cost) that is used to record inventory by your selected company.
• Identify the three (3) primary advantages and three (3) primary disadvantages of using the costing method (LIFO, FIFO, and weighted average) that is used to record inventory.
• Provide support for your response.