Podcast
Questions and Answers
What is the primary purpose of a data warehouse?
What is the primary purpose of a data warehouse?
- To archive outdated data
- To refresh and populate operational databases
- To provide historical data for making better business decisions (correct)
- To collect, store, and process operational data
What is the main goal of Business Intelligence (BI)?
What is the main goal of Business Intelligence (BI)?
- To increase the volume of internal and external data
- To provide real-time monitoring of business activities
- To enable data-based decisions for gaining competitive advantage and improving operative performance (correct)
- To develop advanced statistical analysis tools
What is the main source for Business Intelligence (BI)?
What is the main source for Business Intelligence (BI)?
- Departmental sites
- Operational databases
- Data warehouse with historical and current data (correct)
- Archived records
Which component in the BI framework allows real-time monitoring of business activities?
Which component in the BI framework allows real-time monitoring of business activities?
What is the primary function of OLAP (Online Analytical Processing) tools in BI?
What is the primary function of OLAP (Online Analytical Processing) tools in BI?
When did business leaders begin to realize the value of historical data?
When did business leaders begin to realize the value of historical data?
What is the term used to refer to 'concepts and methods to improve business decision making by using fact-based support systems'?
What is the term used to refer to 'concepts and methods to improve business decision making by using fact-based support systems'?
Which BI component is responsible for advising the user on building a reliable business data model?
Which BI component is responsible for advising the user on building a reliable business data model?
What does a Business Intelligence (BI) system help decision makers to achieve?
What does a Business Intelligence (BI) system help decision makers to achieve?
What is the role of ETL (Data extraction, transformation, and loading) tools in the BI framework?
What is the role of ETL (Data extraction, transformation, and loading) tools in the BI framework?
In the BI framework, which component is responsible for presenting data to the end user in a variety of meaningful and innovative ways?
In the BI framework, which component is responsible for presenting data to the end user in a variety of meaningful and innovative ways?
What is the primary function of OLAP (Online Analytical Processing) tools in the BI framework?
What is the primary function of OLAP (Online Analytical Processing) tools in the BI framework?
Which tool in the BI framework provides advanced visual analysis and techniques?
Which tool in the BI framework provides advanced visual analysis and techniques?
What is the foundational component of a BI infrastructure that captures data from the production system?
What is the foundational component of a BI infrastructure that captures data from the production system?
Which BI component allows real-time monitoring of business activities and placing alerts on given metrics?
Which BI component allows real-time monitoring of business activities and placing alerts on given metrics?
What was the primary factor that led to the realization of the value of historical data by business leaders in the 1980s?
What was the primary factor that led to the realization of the value of historical data by business leaders in the 1980s?
What is the main function of a data warehouse in a business intelligence framework?
What is the main function of a data warehouse in a business intelligence framework?
What is the primary role of Business Intelligence (BI) systems for decision makers?
What is the primary role of Business Intelligence (BI) systems for decision makers?
What is the source of data often collected in a data warehouse?
What is the source of data often collected in a data warehouse?
What is the significance of ETL (Data extraction, transformation, and loading) tools in the BI framework?
What is the significance of ETL (Data extraction, transformation, and loading) tools in the BI framework?
