Exam 18: Business Intelligence

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Which type of BI achieves long-term organizational goals?

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C

Which of the following is a result of implementing business intelligence systems and tools allowing business users to receive data for analysis?

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D

What is analysis latency?

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B

Which type of BI benefits includes working time saved in producing reports and selling information to suppliers?

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Which form of BI uses the time frame of days to weeks to months?

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What types of BI decisions include predicting machinery failures and finding key factors that control optimization of manufacturing capacity?

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Which of the following is the result of BI that the data have been defined in business terms and calculations and algorithms are easily accessed for comprehension?

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Which of the following can use BI to make informed decisions?

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Which type of BI manages daily operations and integrates BI with operational systems?

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Describe three types of data-mining analysis capabilities.

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What types of BI decisions include forecasting claim amounts and medical coverage costs, classifying the most important elements that affect medical coverage; predicting which customers will buy new insurance policies?

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What is decision latency?

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What do organizations using BI ask to find the root causes to problems and provide solutions?

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Which of the following is one of the four main categories of BI benefits?

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The three forms of BI include operational, tactical, and value-added.

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Improving the quality of business decisions has a direct impact on costs and revenue.

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Which of the following is not one of the parallels between challenges in business and those of war?

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Data latency is the time from which data are made available to the time when analysis is complete.

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Explain the organization-wide benefits of BI.

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What are forecasts?

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