Business intelligence software can help managers ________.
A) report, plan, and forecast workforce performance
B) assess the level of expertise of each of a business's employees
C) forecast their business's stock performance during the next fiscal year
D) gain access to private information about a business's competitors
E) design innovative products for consumer use

Question

Quizplus · Accepted Answer

Business intelligence software is designed to analyze data and provide insights to business managers. One of the primary uses of this software is to help managers report, plan, and forecast workforce performance, which can help identify areas for improvement and optimize operations. Option B is incorrect because assessing the level of expertise of each employee would require a different type of software, such as a learning management system. Option C is incorrect because forecasting stock performance is not directly related to business intelligence software, although some companies may use this software to analyze financial data. Option D is incorrect because accessing private information about competitors would be unethical and potentially illegal. Option E is incorrect because designing innovative products requires creativity and expertise in product development, which cannot be provided by software alone.

Business Intelligence Software Can Help Managers ________