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Organizational Responses and Decision Making Support Quiz

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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?

Dynamically pricing tickets based on actual demand Signup and view all the answers

What is the relationship between goals and objectives?

Goals are specific steps and actions taken to reach the vision and mission, while objectives are general statements of desired achievement. Signup and view all the answers

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

Data Warehouse, Business Analytics, Business Performance Management, User interface Signup and view all the answers

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

A combination of historical data and access to current data for real-time decision support. Signup and view all the answers

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

To help users transform data into knowledge by providing tools for manipulating, mining, and analyzing the data in the data warehouse. Signup and view all the answers

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

To facilitate closing the gap between current and desired organizational performance Signup and view all the answers

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

Identifying and exploring solutions to the problem Signup and view all the answers

What does the 'Vision' of an organization state?

What the organization hopes to become in the future Signup and view all the answers

What is the role of Mission in an organization?

Stating why the organization exists and what role it plays in society Signup and view all the answers