Question

MIS Assignment Describe one use of BI in retailing, entertainment, and medicine.

Answer 1

Business intelligence is the most advanced things we do have these days which not only creates the report and dashboard but also gives us a perfect visualization. There are many such tools available these days like Power BI, Tableau, Qlik etc.

In retailing: It is used to track the inventory, order, profit, sales, margin, total sales, category wise sales etc.

In entertainment: It is used to make reports on revenue generation, a ticket sold, cost and expenditure

In Medicine: It is very helpful in making a report of the patient treatment/day or on annual basis