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Business Analytics Quiz

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Questions and Answers

What is the primary focus of business intelligence?

Measuring past performance and guiding business planning (correct)

Analytical modeling and numerical analysis

Fully automated decision making

Developing new insights and understanding of business performance

What distinguishes business analytics from business intelligence?

Business analytics uses only numerical analysis, while business intelligence uses only analytical modeling

Business analytics focuses on fully automated decisions, while business intelligence focuses on human decisions

Business analytics focuses on measuring past performance, while business intelligence focuses on developing new insights

Business analytics focuses on prediction and prescription, while business intelligence focuses on description (correct)

What does business analytics make extensive use of?

Analytical modeling and numerical analysis (correct)

Querying and reporting

Descriptive modeling

Online analysis

How is business intelligence related to business planning?

It guides business planning by measuring past performance Signup and view all the answers

What may analytics be used as input for?

Human decisions or fully automated decisions Signup and view all the answers

What is the primary focus of business analytics?

Gaining insight and driving business planning Signup and view all the answers

What distinguishes business analytics from business intelligence?

Focuses on prediction and prescription Signup and view all the answers

What does business intelligence traditionally focus on?

Using a consistent set of metrics for measuring past performance Signup and view all the answers

What does business analytics make extensive use of?

Analytical modeling and numerical analysis Signup and view all the answers

How is business intelligence related to business planning?

It guides business planning using a consistent set of metrics Signup and view all the answers

Business Analytics Quiz

Choose a study mode

Podcast

Questions and Answers

What is the primary focus of business intelligence?

What distinguishes business analytics from business intelligence?

What does business analytics make extensive use of?

How is business intelligence related to business planning?

What may analytics be used as input for?

What is the primary focus of business analytics?

What distinguishes business analytics from business intelligence?

What does business intelligence traditionally focus on?

What does business analytics make extensive use of?

How is business intelligence related to business planning?

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