MGT812 Strategic Intelligence And Analytics Questions:
AusCars Pty is a car dealer operating out of Sydney. Andrew founded the business in 2015 by opening its first showroom in Ashfield, Sydney. Over the past few years, Andrew opened two more showrooms in Sydney, located in Mascot and Randwick. You work as a business analyst for AusCars Pty and support Andrew in several critical business decisions.
Question 1:
The accounting department of AusCars Pty Ltd deals with the processing of critical documents such as invoices, purchase and sales orders, financial statements, and sales quotes. Processing of these documents is currently done manually, which causes a negative ripple effect. For example, employees manually transfer data from various documents into the accounting system, and documents tend to be misplaced or delayed and become vulnerable to unauthorised changes or exposure of confidential information. In addition, the accounting department incurs additional costs, such as those related to pre-printed forms, inefficient distribution, and storage.
Critically analyse how Business Process Management (BPM) can be used to manage the challenges in Petrovs accounting department
Question 2:
Andrew plans to open another showroom in Sydney. He is not sure where to open the new showroom and asks for your help.
Identify and justify 4 datasets that could help generate insights on where to open the new store in Sydney. Explain how you would acquire the suggested data and the challenges associated with the collection of this data.
Question 3:
Explain how each type of data analytics (descriptive, diagnostic, predictive, and prescriptive) could be applied to the suggested datasets to generate insights on the new showroom location.
Question 4:
Andrew plans to implement a new accounting software to manage the challenges in the accounting department. Use one of the diagrams of the system development lifecycle design phase (e.g., use case diagram, Entity Relationship Diagram (ERD), or activity diagram) to visualise the requirements for the accounting software. Justify the assumptions for the proposed design of the accounting software (i.e., functionalities that should be included in the accounting software, things to be stored by the system, or users of the system).