Exam 7: Business Intelligence and Decision Making

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Which of the following is a difference between operational-level and tactical-level decision making?

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A dashboard is a gateway that provides access to a variety of relevant information from many different sources on one screen.

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The online analytical processing system allows users to slice and dice massive amounts of data stored in data warehouses to reveal significant patterns and trends.

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What-if analysis allows a user to set a target value for a particular metric and tells the program which variable to change to try to reach the goal.

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Data mining approaches and statistical techniques used to predict future behavior, especially to unlock the value of business intelligence for strategy, are known as ________.

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What is optimization in the context of decision support systems and how does it function?

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Which of the following is a characteristic of neural nets?

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Which of the following is an accurate definition of the web metric "unique visitors"?

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Escapade Holidays is a travel house in New Jersey that recently created a website to attract travel clientele for the company. It is vital that the company is able to track time spent on each page by visitors, which helps Escapade understand the destinations and offers that customers seek. Which of the following will best help the company understand customer behavior patterns as well as reveal the URLs left by visitors?

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Which of the following best describes tactical-level decisions?

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Write a brief note on keyword advertising.

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Strategic-level decisions involve direct interactions with customers and have predetermined policies and procedures that spell out how to handle different situations.

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Which of the following statements is true of clickstream data?

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Which of the following is a tool that supports decision making in organizations?

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The ratio of visitors who buy a product from a website divided by the total number of visitors can be referred to as the ________.

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In web metrics, which of the following best describes depth of visit?

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What are the different processes used to analyze patterns, trends, and relationships in data mining?

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Companies use intelligent agents to extract useful business intelligence from private, inaccessible websites.

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Discuss how dashboards, portals, and mashups support the decision-making process.

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Which of the following is a reason why CAPTCHA may no longer be widespread?

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