5 Questions
Which of the following best describes business intelligence (BI)?
A category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions
Which of the following is NOT a function of business intelligence technologies?
Data analyzing
What is the primary focus of competitive intelligence?
Gathering, analyzing, and disseminating information with a focus on company competitors
What are the different forms of report and data visualization techniques?
Historical views, current views, predictive views
What is the purpose of business intelligence measurement programs?
To create measurements for business purposes
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.
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.
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