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ITC 1370: Chapter 4 - Data and Databases

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ITC 1370: Chapter 4 - Data and Databases

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Questions and Answers

What is a primary characteristic of a data mart?

A data warehouse that contains all data for an organization

A subject-oriented database that aligns with a specific business unit (correct)

A centralized database for an entire organization

A database that only contains operational data

What is the primary purpose of business analytics in an organization?

To reduce the cost of data storage

To generate insights by unearthing patterns and decoding data (correct)

To develop business strategies without analyzing data

To make decisions based solely on intuition

What is the primary benefit of using a data mart?

To store all data for an entire organization

To provide a centralized database for an entire organization

To reduce the cost of storing data

To accelerate business processes by providing quick access to relevant information (correct)

What is a key skill that business analytics students should possess by the end of the course?

To understand how managers use business analytics to support decision-making Signup and view all the answers

What is the primary advantage of using a data mart over a data warehouse?

A data mart is a cost-effective way to gain actionable insights quickly Signup and view all the answers

What is the primary type of data stored in a data mart?

Relevant data for a specific business unit Signup and view all the answers

What is the primary goal of business analytics in an organization?

To generate insights by unearthing patterns and decoding data Signup and view all the answers

What is the benefit of using business analytics in an organization?

To generate insights by unearthing patterns and decoding data Signup and view all the answers

What is the primary purpose of a data mart in an organization?

To accelerate business processes by providing quick access to relevant information Signup and view all the answers

What is the outcome of using business analytics in an organization?

Generating insights by unearthing patterns and decoding data Signup and view all the answers