Exam 1: An Overview of Business Intelligence, Analytics, and Decision Support

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Sabre used executive ________ to present performance metrics in a concise way to its executives.

(Short Answer)
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Volume, velocity, and variety of data characterize the Big Data paradigm.

(True/False)
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Which of the following is NOT an example that falls within the four major categories of business environment factors for today's organizations?

(Multiple Choice)
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The desire by a customer to customize a product falls under the ________ category of business environment factors.

(Short Answer)
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The access to data and ability to manipulate data (frequently including real-time data) are key elements of business intelligence (BI) systems.

(True/False)
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Organizations using BI systems are typically seeking to ________ the gap between the organization's current and desired performance.

(Short Answer)
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A(n) ________ problem such as setting budgets for products is one that has some structured elements and some unstructured elements also.

(Short Answer)
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One of the four components of BI systems, business performance management, is a collection of source data in the data warehouse.

(True/False)
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List four of Mintzberg's Decisional roles of managers.

(Essay)
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Mintzberg defines the ________ as a managerial role that involves searching the environment for new opportunities.

(Short Answer)
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Organizations counter the pressures they experience in their business environments in multiple ways. Which of the following is NOT an effective way to counter these pressures?

(Multiple Choice)
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The use of dashboards and data visualizations is seldom effective in finding efficiencies in organizations, as demonstrated by the Seattle Children's Hospital Case Study.

(True/False)
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A(n) ________ is a major component of a Business Intelligence (BI) system that is usually browser based and often presents a portal or dashboard.

(Short Answer)
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Which of the following activities permeates nearly all managerial activity?

(Multiple Choice)
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Why are analytical decision making skills now viewed as more important than interpersonal skills for an organization's managers?

(Multiple Choice)
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Describe and define Big Data. Why is a search engine a Big Data application?

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The fraud ________ analytic application helps determine fraudulent events and take action.

(Short Answer)
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Which of the following statements about Big Data is true?

(Multiple Choice)
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How are descriptive analytics methods different from the other two types?

(Multiple Choice)
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The use of statistics in baseball by the Oakland Athletics, as described in the Moneyball case study, is an example of the effectiveness of prescriptive analytics.

(True/False)
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