BUSINESS INTELLIGENCE MODULE 1

BUSINESS INTELLIGENCE MODULE 1

University

25 Qs

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BUSINESS INTELLIGENCE MODULE 1

BUSINESS INTELLIGENCE MODULE 1

Assessment

Quiz

Business

University

Medium

Created by

KUSHAL S

Used 5+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary purpose of Business Intelligence (BI)?

To provide entertainment

To transform data into actionable insights

To create raw data

To store data indefinitely

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What distinguishes intelligence from information?

Intelligence is raw data

Intelligence involves critical thinking and analysis

Information is always accurate

Information is more valuable than intelligence

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a benefit of using BI tools?

Increased data redundancy

Improved operational efficiency

Decreased customer satisfaction

Reduced data accuracy

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What has contributed to the evolution of BI in the 2010s?

The decline of the internet

The rise of self-service BI tools and cloud-based platforms

The reduction of data sources

The elimination of data warehousing

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is essential for maximizing value from business systems?

Defining business objectives

Ignoring data quality

Reducing system functionalities

Limiting user access

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the first stage of the Business Intelligence (BI) value chain?

Data Analysis

Data Integration

Data Collection

Data Visualization

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does Real-time BI enable organizations to do?

Make slower decisions

Reduce data collection

Ignore market opportunities

Capture data as it happens

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