10 Questions
What does business intelligence (BI) encompass?
Strategies, technologies, and processes for transforming data into useful information
What are common data sources for business intelligence?
Transaction systems, external data sources, and social media
What type of information do external data sources provide for business intelligence?
Information about the business's external environment, such as market trends and competitor activity
What kind of information can be obtained from social media platforms for business intelligence?
Information about customer sentiment, product reviews, and brand perception
What is the primary purpose of the BI framework's data collection and storage component?
To transform raw data into meaningful and useful information for better business decisions
What is the purpose of data collection and storage in the BI framework?
To transform raw data into meaningful and useful information for better business decisions
Which of the following is a common data source for business intelligence?
Social media platforms
What type of information do external data sources provide for business intelligence?
Market trends and competitor activity
What does the BI framework encompass?
Strategies, technologies, and processes for transforming raw data into useful information
What kind of information can be obtained from social media platforms for business intelligence?
Customer sentiment and product reviews
Test your knowledge of the essential components of the business intelligence framework with this quiz. Explore data collection, storage, and transformation processes that enable better-informed business decisions.
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