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Business Intelligence Basics

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Questions and Answers

Which of the following best describes business intelligence (BI)?

A process of gathering, analyzing, and disseminating information with a focus on company competitors

A program that creates measurements for business purposes

A category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions (correct)

A technology that provides historical, current, and predictive views of business operations

Which of the following is NOT a function of business intelligence technologies?

Data storing

Data gathering

Providing access to data

Data analyzing (correct)

What is the primary focus of competitive intelligence?

Creating measurements for business purposes

Providing historical, current, and predictive views of business operations

Gathering, analyzing, and disseminating information with a focus on company competitors (correct)

Analyzing internal, structured data and business processes

What are the different forms of report and data visualization techniques?

<p>Historical views, current views, predictive views</p> Signup and view all the answers

What is the purpose of business intelligence measurement programs?

<p>To create measurements for business purposes</p> Signup and view all the answers

Study Notes

Business Intelligence (BI)

Business Intelligence (BI) is described as the process of gathering, storing, and analyzing business data to make better decisions.

Functions of Business Intelligence Technologies

Business Intelligence technologies perform various functions such as data mining, reporting, and data visualization, but do NOT perform functions of artificial intelligence, robotics, or automation.

Competitive Intelligence

The primary focus of competitive intelligence is to gather and analyze information about competitors, including their strengths, weaknesses, and strategies.

Report and Data Visualization Techniques

Various forms of report and data visualization techniques are used in BI, including charts, graphs, histograms, heat maps, scatter plots, and geographic information systems (GIS) maps.

Purpose of Business Intelligence Measurement Programs

The purpose of business intelligence measurement programs is to track and analyze key performance indicators (KPIs) to measure business performance, identify areas for improvement, and make data-driven decisions.

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Description

Test your knowledge on the basics of business intelligence, including data gathering, storing, analyzing, and providing data access. Learn about the common functions of business intelligence technologies and different forms of report and data visualization techniques. Explore the definition and importance of business intelligence in this informative quiz.