Business Intelligence Support

You are required to prepare a report to recommend about ABC model for your company. The report should cover the followings:

a) An explanation of ABC model and its features

b) An explanation of how ABC model aligns with the current goals and strategies of the company. This explanation should include:

i) An identification of the company’s mission and objectives; and

ii) An identification of the company’s corporate strategies

iii) An explanation of how ABC model assist in achieving the company’s strategies.

c) Provide at least two (2) recommendations about the implementation of ABC model for your company based on your research findings.

d) Apart from ABC model, suggest one other management accounting tool suitable for your company and justify it.

In this individual project, you are required to identify a business intelligence application (system) in an industry or organisation and explain how the system can help and/or support these businesses improve their functional activities and gain competitive advantages. Alternatively, you are required to identify a problem in an industry or organisation and explain how a Business Intelligence solution can help and/or support these businesses improve their functional activities and gain competitive advantages. These might include, decision making, organizational performance issues, data and information issues and any other relevant BI issues. You will be required to write a business report in Word and develop a clear discussion derived from the relevant literature related to your topic. You are encouraged to use examples of BI tools or applications to illustrate the findings in your report. Examples are the spreadsheet package Excel, database application Access, BI tools like SAS, Cognos etc., development programs, diagrams, charts and tables that help better understand your report.

The report should be targeted at the Board of Directors or Executive Management group and be formatted as a formal business report. The content of the report, including tables and graphs must be appropriate for a Senior Management audience.