The business intelligence in modern economic and security circumstances

Abstract

In this paper, the author precisely defines and analyzes the essence of the term intelligence, especially the derived term "economic/business intelligence", which seems to be of paramount significance today, given the dominance of geoeconomics over geopolitics. To acquire knowledge means to get informed about a certain subject of interest. By acquiring knowledge, the possibility of further development and progress is created, which implies movement towards a predetermined goal, in any area of life and work of an individual, triggering certain actions and activities of the organization to which a person belongs. This refers equally to the whole nation, state, various social organizations, as well as different structures and forms of organization. Noticing the regularity that the overall strength of a state is primarily determined by the degree of economic development of society, knowing the circumstances that contribute or may contribute to a country's economic development is the basis and starting point on which to build influence, place and role of people, state and society in time and space. In modern times, to be informed means to be prepared for an adequate response to all challenges, risks and threats that arise on the path of development. It also means being in the position to create influential and important events. The positioning achieved in this way is a factor of stability of the society, which additionally enables the unhindered development of the entire community. Recognizing the importance of the term intelligence, there is a need to get to know and understand the socio-economic impact of intelligence on the development and security of the state. That is the subject of this research paper, which aims to provide an answer to the following question: What is the significance, place and role of intelligence in modern economic and security circumstances?