Quiz BIA Chapter 1

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

• To manage employee satisfaction

• To assist in operational daily tasks

• To support better decision-making using data

• To build websites for customers

Which of the following best describes the difference between OLTP and OLAP?

• OLTP is for reporting; OLAP is for real-time transactions

• OLTP supports analytics; OLAP handles daily transactions

• OLTP is for real-time operations; OLAP is for analysis and decision support

• OLTP and OLAP are the same

What phase in Simon's decision-making process involves identifying and defining problems?

• Design

• Intelligence

• Implementation

• Monitoring

Which type of analytics determines what is likely to happen in the future?

• Descriptive

• Predictive

• Prescriptive

• Reactive

What is a key function of a BI Competency Center (BICC)?

• Creating new operational systems

• Ensuring BI aligns with strategic goals

• Managing software updates

• Designing marketing campaigns

What is one reason organizations adopt real-time BI?

• To replace OLTP systems

• To delay decision-making

• To monitor and analyze data as it happens

• To simplify manual reporting

Which of the following is an example of prescriptive analytics?

• Identifying last month's sales trends

• Forecasting customer churn

• Recommending the best time to launch a product

• Collecting customer feedback