Introductionintelligence led enforcement is that management which collects and analyzes the data for effective future decision making and predictions. It is quite obvious that every company present on this face of earth exists for a core reason that is profit, no profitable organization can claim it self to be a separate entity from profit. When it comes down to decision making, it is considered to be the most complicated step in ever business. Collected and analyzing the data and then making decisions accordingly are not s easy as they seem to be.
Main Body
There are organizations of different sizes and different nature present in every part of the world. When we talk about different nature and size, this means that one organization may be completely different from the other organization. It is quite often very difficult for the senior managers to utilize the extra cash that they have. Although it is important for every company to make profit, and generally the extra cash lying in the accounts of the company is doing no good but bringing in an opportunity cost for the organization. If the managers get in to act of spending time finding out where to invest, this will engage managers in to action of diverse time, and the mangers would not be able to concentrate on their actual core competency. When managers do not have much time to investigate the best options for investment, but they do have to invest, what they go for is a good word of mouth. There are managers who often tend to invest money on the basis of good word of mouth and low decision making. This situation is true but very rarely found. The case of Barnard securities has brought the real face of Ponzi scheme. With a security company as many as 40 years old, and with a very good and positive word of mouth that wouldn't trust the company. All those investors out there who had extra cash and were looking forward for a positive return, trusting Barnard was easy because of his influence and market share. There is no doubt that the fraud was caused because of the low screening by the investors, if they would have been more careful things would have had been different, but the influence of Bernard in the stock market had left investors with no option but to trust him. The ...