After following the lecture instructions to learn the week 1 content, do the following activities:
- The first chapters introduce us to the MIS and decision-making in business. Discuss how data, information, business intelligence, and knowledge contribute to business decision-making from a system thinking perspective. Give an example.
- Based on the concepts discussed in question 1, is the decision-making process in the company you work for now conducted from a system thinking approach? Does it contemplate data, information, business intelligence, and knowledge as desired? How can the decision-making process be improved with the support of the MIS currently used? Explain.
- What is artificial intelligence? How does an electronic spreadsheet program, such as Excel, provide decision support capabilities? What is the difference between transactional and analytical information, and how could robots affect each for Safeway grocery stores? Is the organization that you work for currently using AI? If yes, how? If not, What to do to implement it for decision-making purposes?
Each answer must be 200-word-maximum long, and they must reflect your rationale
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