Quiz LCBB5014 Full 1

What are the basic rules discussed in this session?

• The basic rules discussed are to listen carefully, participate actively, and respect others.

• The basic rules discussed are to ignore instructions and disrupt the session.

• The basic rules discussed are to leave the session early without notice.

• The basic rules discussed are to use mobile phones during the session.

What is the module aim and what are the learning objectives for this session?

• To understand the module aim and learning objectives for this session.

• To review previous session content.

• To complete a group project.

• To take a final exam.

List the indicative contents covered in this session.

• Objectives, key topics, and learning outcomes

• Only the session duration

• Names of the participants

• Technical requirements only

What types of assessments are included in this session?

• Formative and summative assessments

• Only formative assessments

• Only summative assessments

• No assessments

What is Business Intelligence?

• A process of analyzing data to help make business decisions

• A type of computer hardware

• A marketing strategy

• A financial accounting method

The difference between data, information, and knowledge is:

• Data is raw facts, information is processed data, and knowledge is information applied or understood.

• Data and information are the same, but knowledge is different.

• Knowledge is raw facts, information is processed knowledge, and data is applied information.

• There is no difference between data, information, and knowledge.

The benefits of Business Intelligence (BI) include:

• Increased data accuracy and better decision making

• Reduced need for data analysis

• Decreased access to business data

• Limited reporting capabilities

Which of the following is a term commonly used in Business Intelligence (BI)?

• Data Warehouse

• Photosynthesis

• Osmosis

• Photoshop

Fill in the blank: The aim of the module is to provide the student with a comprehensive understanding of how ______ work, and how their benefits can be optimised.

• data systems

• ecosystems

• financial models

• marketing strategies

Fill in the blank: The aim of the module is to analyse and evaluate the information in the systems in order to obtain ______ benefit.

• maximum

• minimum

• partial

• nominal