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Competitive Intelligence

19 May 2001
Competitive Intelligence

It takes a simple mind to run a simple machine, but a shrewd mind is needed to run an organization, association, or business. Business intelligence has become a big principle in industries throughout the years. "During the second half of the 20th century, the United States and Canada, Western Europe, as well as Japan and a number of other countries, have evolved from primarily manufacturing-based economies to more information-based societies" (Kara). A business needs to have a mission to be successful. To help accomplish missions for businesses, business intelligence is utilized. To run a productive organization effectively and efficiently, certain things need to be accomplished.
To start the process of applying business intelligence, as many possible sources of information must be gathered. After the information has been collected, it must be sorted into different categories. These categories are either valuable or non-valuable......


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Approximate Word Count: 922
Approximate Pages: 4 (250 words per double-spaced page)

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