which of the following questions can be answered using business intelligence course hero

by Dalton Torphy MD 8 min read

What is the difference between information information and business intelligence?

Information primarily focuses on internal variables. BI manipulates multiple variables including both internal and external variables Which question can be answered using business intelligence? b.) Lowest sales per week compared with the economic Interest rate

What are the main components of Business Intelligence?

As a result of the business intelligence process, data warehouses, analytics, business performance management, and a user interface are all essential components. Both internal and external data sources are included in the data warehouse. Different operational systems are included in the internal sources. What Are The Types Of Business Intelligence?

What is the source of business intelligence (BI)?

MIS enables business success and innovation Business Intelligence (BI) is information collected from multiple sources that analyzes patterns, trends and relationships for strategic decision making. Select the multiple sources. a.) Suppliers, customers, competitors, partners, and industries

Do managers make business decisions based on intuition?

Data, Information, Business Intelligence, Knowledge True or False: Lacking data, managers often found themselves making business decisions about how many products to make, how much material to order, or how many employees to hire based on intuition or gut feelings

What Is The Primary Difference Between Information And Business Intelligence Multiple Choice Question?

Business intelligence and information are very different from each other. Internal variables account for most of the information. A number of internal and external variables can be manipulated by BI.

How Was The Technology Industry Use Business Intelligence?

The security application is also one of the most important use cases. A business intelligence system can be used to consolidate security by restricting data access to those who need it.

How Business Intelligence Tools Could Help The Bank Have A Competitive Advantage?

With the help of business intelligence tools, companies can identify and analyze why customers switch from one brand to another. Using them will help you track incomes and spending patterns, which is exactly what customers want . Providing better products and services to customers will increase loyalty and retention of customers.

Who Are Individuals Valued For Their Ability To Interpret And Analyze Information?

Individuals who possess the ability to interpret and analyze information are known as knowledge workers.

What Reports Automatically Change During Creation?

When the file is created, it automatically changes. You can use dynamic reports to update the stock market price daily or to calculate the amount of inventory available. Changes or varies over time represent a data characteristic.

What Is A Report That Is Created Once Based On Data That Does Not Change?

Data generated by humans can be input information, cludes input data, click-stream data, or gaming data. Once it has been created, it doesn’t need to be updated. For example, a sales report from last year can be included in a static report.

What Is A World Where Interconnected Internet Enabled Devices Or Things Can Collect And Share Data Without Human Intervention *?

Imagining a world where there are interconnected, Internet-enabled devices or “things” collecting, sharing and using certain data without human intervention is the Internet of Things (IoT). An object or event can be described as raw facts.

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