Business Intelligence Recap 2

What does Business Intelligence (BI) primarily focus on?

• Predicting future trends

• Analyzing past and present data

• Collecting raw data

• Data mining

Which of the following is a benefit of Business Intelligence?

• Increased data silos

• Better customer experience

• Higher operational costs

• Reduced employee satisfaction

What is the main focus of Data Analytics?

• Collecting historical data

• Uncovering trends and predicting future outcomes

• Understanding current business performance

• Visualizing data

Which of the following is NOT a part of Business Intelligence?

• Data governance

• Data mining

• Data entry

• Predictive analytics

What is a key component of a Business Intelligence strategy?

• Focusing solely on past data

• Ignoring data quality

• Defining data requirements

• Avoiding user training

What does modern Business Intelligence leverage?

• Real-time data analysis

• Historical data only

• Manual data entry

• Static reporting

Which technology is increasingly integrated into BI tools?

• 3D Printing

• Blockchain

• Artificial Intelligence

• Virtual Reality

What is data democratization?

• Restricting data access

• Making data accessible to more users

• Centralizing data management

• Eliminating data analysis

What is a common challenge in Business Intelligence?

• Overly skilled workforce

• Excessive data availability

• Data accuracy

• Lack of data sources

What is the purpose of a data governance plan?

• To ignore data quality

• To eliminate data ownership

• To ensure data security and compliance

• To centralize all data