Exam 11: Improving Decision Making and Managing Knowledge

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Why are managerial users and methods considered an important part of the BI environment?

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Genetic algorithms are used for generating solutions to problems that are too large and complex for human beings to analyze on their own.

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What are the essential capabilities of knowledge work systems?

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Learning management systems are also known as knowledge work systems.

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________ are an essential component of a knowledge work system.

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Case-based reasoning describes a particular phenomenon or process linguistically and then represents that description in a small number of flexible rules.

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Which of the following BI functionalities would you use to assess how customers would respond to a price change in your product?

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You would expect to find all of the following tools in a major enterprise content management system except:

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All of the following are dimensions of a firm's performance that are measured in the balanced scorecard method except:

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Which of the following would be a typical production report for an organization's financial division?

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Decision making is enhanced by a diverse group of ________, such as data mining and fuzzy logic.

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________ is a management methodology that translates a firm's goals into operational targets.

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________ help media firms store and manage unstructured digital data such as photographs, images, videos, and audio files.

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You are the CIO at an insurance firm and a manager has proposed implementing expensive new project management software that would help increase the efficiency of the IT staff. The idea of improved efficiency sounds good, but is there any way you can evaluate her decision before purchasing the software? Be specific.

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Expertise and experience of organizational members that has not been formally documented best describes:

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In a parameterized report, users can:

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Which phase of decision making finds or recognizes a problem?

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Expert systems:

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Not all business intelligence users are managers interested in forecasting sales figures for the next quarter. What different types of users are there for a business's intelligence systems?

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Identify and describe the different types of decisions.

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