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WorksheetsEnhancing Decision Making
Total questions: 10
Worksheet time: 5mins
What are the main analytic functionalities of BI systems?
Predictive analytics, Big data analytics, Operational intelligence, Location analytics
Forecasting, Data mining, Sensitivity analysis, Multidimensional analysis
Interactive reports, Predictive maintenance, Decision support systems, Enterprise performance management
Production reports, Parameterized reports, Dashboards/scorecards, Ad hoc query/search/report creation
What is the role of the Internet of Things (IoT) and Big Data analytics in predictive maintenance?
Collecting and analyzing data from social media, online and in-store customer data
Generating huge streams of data from web activities, sensors, and monitoring devices
Creating real-time, personalized shopping experiences for online retailers
Using various data and techniques to predict future trends and behavior patterns
MIS typically produce _____________________.
new ways of looking at data that emphasize change, flexibility, and rapid response.
assumptions, responses to ad-hoc queries, and graphic representations of existing data.
solutions to semi-structured problems appropriate for middle management decision making.
fixed, regularly scheduled reports based on data extracted from the organization's TPS
An information system that combines data from internal MIS with information from financial systems and external sources to deliver reports such as profit-loss statements and impact analyses, is an example of:
ESS
DSS
MIS
TPS
What is the purpose of decision-support systems?
To analyze data from social media
To provide real-time information
To assist in managerial roles
To support structured decisions
What are the stages in the decision-making process?
Discovering, Identifying, Understanding, Exploring
Planning, Organizing, Coordinating, Deciding
Forecasting, Analyzing, Implementing, Monitoring
Intelligence, Design, Choice, Implementation
Which of the following is NOT a part of business intelligence infrastructure?
Databases
Balanced Scorecards
Data marts
Data warehouses
Which of the following information systems supports a manager's role as a resource allocator?
MIS
DSS
KMS
ESS
What are the types of reports provided by business intelligence systems?
Interactive reports, Predictive maintenance, Decision support systems, Enterprise performance management
Predictive analytics, Big data analytics, Operational intelligence, Location analytics
Production reports, Parameterized reports, Dashboards/scorecards, Ad hoc query/search/report creation
Forecasting reports, Sensitivity analysis, Multidimensional analysis, OLAP
Which of the following statements best describes the term business intelligence?
Software developed exclusively for business management
The tools and techniques used to analyze and understand business data
The infrastructure for warehousing, integrating, reporting, and analyzing business data
Information systems involved in business decision making
