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OMIS 455 Final Exam NIU Study Guide Solutions

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OMIS 455 Final Exam NIU Study Guide Solutions Business Intelligence (BI) - ANSWER-is a broad category of computer software solutions that enables a company or organization to gain insight into its critical operations through reporting applications & analysis tools Business Intelligence include...

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  • November 11, 2024
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OMIS 455 Final Exam NIU Study Guide

Solutions


Business Intelligence (BI) - ANSWER✔✔-is a broad category of computer software solutions that enables

a company or organization to gain insight into its critical operations through reporting applications &

analysis tools


Business Intelligence includes... - ANSWER✔✔-Business Analytics (BA)


Corporate Performance Mangement (CPM)


Business Performance Management (BPM)


Enterprise Information Management (EIM)


Data Mining


Predictive Analytics


Customer Analytics - ANSWER✔✔-Is a process by which data from customer behavior is used to help

make key business decisions via market segmentation & predictive analytics


Data Warehouse - ANSWER✔✔-Is a data repository of an enterprise. It is generally used for research and

decision support.




Referred as Business Warehouse (BW) in SAP


OLAP - ANSWER✔✔-online analytical processing

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Performs multidemsional analysis of business data and provides the capability for complex calculations,

trend analysis, & sophisticated data modeling


OLTP - ANSWER✔✔-Online Transaction Processing




Operational system used to deal with the everyday running of one aspect of an enterprise


Nonvolative - ANSWER✔✔-Typically data in the data warehouse is not updated or deleted


BI Presentation Tools - ANSWER✔✔-Managers often need to visualize data in summary representations

like tables and charts to help them answer questions or identify problems in their area


Measures - ANSWER✔✔-The thing the manager needs to see;




Usually numerical data


Usually aggregated in some way


Attributes - ANSWER✔✔-Grouping Terms




Can be quantitative or qualitative data


Dimension - ANSWER✔✔-Attributes that pertain to a single concept and are grouped together




Ex. The attributes year, month, date and weekday form a time dimension

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