Organizational Responses and Decision Making Support Quiz

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Questions and Answers

What is the purpose of Business Performance Management (BPM) in the BI framework?

  • To support enterprises in better managing their operations (correct)
  • To offer tools for automated decision making
  • To analyze statistics and data mining
  • To provide a graphical view of corporate performance measures

Which style of BI involves using dashboards and scorecards for enterprise reporting?

  • Ad-hoc queries
  • Cube Analysis
  • Report delivery and Alerting
  • Enterprise Reporting (correct)

What type of decisions do Automated Decision Systems (ADS) typically support?

  • Ad-hoc decisions
  • Highly structured decisions (correct)
  • Random decisions
  • Unstructured decisions

What are Revenue Management systems initially appeared in the airline industry known for?

<p>Dynamically pricing tickets based on actual demand (B)</p> Signup and view all the answers

What is the relationship between goals and objectives?

<p>Goals are specific steps and actions taken to reach the vision and mission, while objectives are general statements of desired achievement. (A)</p> Signup and view all the answers

What are the major components of a Business Intelligence (BI) system?

<p>Data Warehouse, Business Analytics, Business Performance Management, User interface (B)</p> Signup and view all the answers

What does a Data Warehouse typically include in a business intelligence system?

<p>A combination of historical data and access to current data for real-time decision support. (A)</p> Signup and view all the answers

What is the purpose of Business Analytics in a BI system?

<p>To help users transform data into knowledge by providing tools for manipulating, mining, and analyzing the data in the data warehouse. (C)</p> Signup and view all the answers

What is one of the major objectives of Computerized Decision Support Systems?

<p>To facilitate closing the gap between current and desired organizational performance (A)</p> Signup and view all the answers

In the decision-making process, what does the 'Design' stage involve?

<p>Identifying and exploring solutions to the problem (D)</p> Signup and view all the answers

What does the 'Vision' of an organization state?

<p>What the organization hopes to become in the future (D)</p> Signup and view all the answers

What is the role of Mission in an organization?

<p>Stating why the organization exists and what role it plays in society (A)</p> Signup and view all the answers

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