Business Intelligence System 2311

What is the primary objective of Business Intelligence (BI)?

• To store large amounts of data

• To enable easy access to data and models

• To design user interfaces

• To create spreadsheets

Which of the following technologies was part of BI development in the 1990s?

• Executive Information Systems (EIS)

• OLAP (Online Analytical Processing)

• Web 2.0

• Data Mining

What does the term 'Business Intelligence' refer to?

• The integration of spreadsheets

• Technologies, applications, and practices for collecting, integrating, analyzing, and presenting business information

• The creation of data warehouses

• The process of data cleaning

Which component of BI allows monitoring and managing key performance indicators to align business processes with strategic goals?

• Data Warehousing

• Business Analytics

• Business Performance Management (BPM)

• User Interface

What is the role of a data warehouse in a BI system?

• To clean and prepare data

• To store and manage data in a central repository for easy access and analysis

• To visualize data

• To generate real-time reports

What type of BI analysis helps in understanding why something happened?

• Historical Analysis

• Operational Analysis

• Analytical Analysis

• Predictive Analysis

What is the significance of 'User Interface' in a BI system?

• To store historical data

• To provide a comprehensive graphical view of corporate performance measures, trends, and exceptions

• To manage data warehouses

• To clean data

Which of the following is NOT a factor affecting the business environment according to the document?

• Markets

• Customer Demand

• Technology

• Employee training programs

A ________ KPI is an example of a leading indicator.

What does 'BI' stand for?

• Business Information

• Business Integration

• Business Intelligence

• Business Interaction