Exam 1: Business Intelligence

BI system has four major components: data warehouse, business analytics, business performance management; and a user interface

End users can work with the data in a data warehouse by using reports, queries, and various data mining tools.

List two BI analytical applications and their business value.

The advantage of BPM is that it extends the monitoring, measuring, and comparing of sales, profit, cost, profitability, and other performance indicators by introducing prediction and forecasting capabilities.

One of the major objectives of ________ is to facilitate closing the gap between the current performance of an organization and its desired performance, as expressed in its mission, objectives, and goals.

Organizations are being compelled to capture, understand, and harness their data to support decision making in order to improve:

Which BI analytic application provides the following business value: Prevent loss of high-value customers and let go of lower-value customers?

Dashboards and information portals are important BI data visualization tools.

________ is a business rules-based system that uses intelligence to recommend solution to repetitive decisions, such as pricing.

Critical partnerships required for ________ are a partnership between functional area heads and a partnership between potential customers and providers.

________ are a type of user interface that provide a comprehensive visual view of corporate performance measures, trends, and exceptions.

In BI, data warehousing performs the monitoring and analyzing of performance.

Which BI analytic application provides the following business value: Interact with customers based on their preference and your need to manage cost?

Software monitors called ________ can be placed on a separate server in the network or on the transactional application databases themselves, and they can use event- and process-based approaches to proactively and intelligently measure and monitor operational processes.

________ are the collection of tools for manipulating, mining, and analyzing the data in the data warehouse.

Business environment factors that create pressures on organizations include all of the following except:

List four major business environmental factors in today's business environment.

One example of ADS is an ________ alert, which is a warning or action that is activated when a predefined or unusual event occurs.

One of the most important aspects of a successful BI is that it must be of benefit to the enterprise as a whole rather than a single manager or task.

The process of business intelligence is based on the ________ of data to information, then to decisions, and finally to actions.