Role of Business Intelligence in Creating an Informational Environment

What type of questions involving analytics are best supported by online analytical processing (OLAP) systems?

Data extraction and loading processes
Aggregation, drilldown, and slicing/dicing of data (correct)
Basic queries and simple calculations
Real-time data visualization

How do data warehouses support OLAP applications?

By extracting data from OLAP systems
By automating data entry processes
By storing and maintaining data in multidimensional format (correct)
By providing real-time data updates

What is the primary purpose of Extract, Transfer, and Load (ETL) tools in the context of data warehousing?

To extract and load data from multiple sources into the data warehouse (correct)
To create OLAP cubes for data analysis
To generate real-time reports for decision-makers
To manage user access to the data warehouse

What is the main objective of developing a Data Warehouse (DW) and Business Intelligence (BI) system at Crystal Entertainment?

To support decision-makers and business strategists with historical data (D) Signup and view all the answers

What challenges does Crystal Entertainment face according to the text?

Identifying the most profitable brand of their business (B) Signup and view all the answers

Which type of data sources are used for loading data into an OLAP warehouse?

DB2, Oracle, SQL Server, and flat files (C) Signup and view all the answers

What is one of the project objectives mentioned in the text?

To validate the design of data warehouse and business intelligence system (C) Signup and view all the answers

Why is effective decision-making important for organizations?

It helps organizations achieve their goals in a timely manner (B) Signup and view all the answers

What is the aim of Crystal Entertainment according to the text?

To be a significant player in the chosen markets (B) Signup and view all the answers

Why is business intelligence needed throughout an organization according to the text?

To assist decision-makers at all levels with timely information (B) Signup and view all the answers

What does the text suggest differentiates Crystal Entertainment from its peers?

Expertise, service, and execution skills (D) Signup and view all the answers

Based on the text, what is one of the aims of designing and developing a data warehouse and business intelligence system?

To assist decision makers in taking better decisions about the company (A) Signup and view all the answers

What is the main role of Business Intelligence (BI) according to the text?

To analyze data and reveal strategic business dimensions (D) Signup and view all the answers

How is an 'intelligent company' defined in the context of BI?

A company that uses BI for faster and smarter decision-making (D) Signup and view all the answers

What does 'intelligence' refer to in the context of BI?

Reducing data into knowledge through filtering and analysis (D) Signup and view all the answers

According to Scoggins (1999), what does data mining represent in Business Intelligence (BI)?

A technique used to extract valuable insights from data (C) Signup and view all the answers

How does Hackathorn (1999) view the creation of a BI system?

By integrating all resources like data mining and hypertext analysis (B) Signup and view all the answers

What is the shared idea among all the studies mentioned regarding Business Intelligence (BI)?

The core of BI is about data gathering, analysis, and use (D) Signup and view all the answers

Who are considered the two fathers of Data Warehouse design?

Bill Inmon and Ralph Kimball (A) Signup and view all the answers

Which software engineering development methodology was employed for the project mentioned in the text?

Spiral Model (D) Signup and view all the answers

What is the main advantage of using the Spiral Model for developing a data warehouse?

Iterative and risk-oriented (C) Signup and view all the answers

How is data treated in the Ralph Kimball Method of designing a data warehouse?

As data marts from each department (A) Signup and view all the answers

What does the text suggest about the importance of clear business requirements in the analysis stage?

They can be re-visited due to the iterative nature of the process (D) Signup and view all the answers

How do poor decisions in data warehouse management impact the overall analysis process?

They can ruin the whole essence of the analysis (D) Signup and view all the answers

What was the main goal of the questionnaire in the end-user survey?

To understand user expectations for the DW solution (B) Signup and view all the answers

How many text-based questions were included in the end-user survey?

7 (D) Signup and view all the answers

What values were associated with 'Strongly Agree' and 'Tend to Disagree' respectively in the survey?

3, 5 (C) Signup and view all the answers

Which phase of the project was the end-user survey conducted in?

Requirement Analysis phase (C) Signup and view all the answers

Why was the design and analysis of data limited during the project?

Due to time and resource constraints (C) Signup and view all the answers

How did the project team describe their ability to manage a wide topic scope?

Successfully handled a wide scope effectively (A) Signup and view all the answers