Question 1

Which of the following is the result of BI that implies that the data have been documented as the certified or approved data for the enterprise?

Accepted Answer

A)   Reliable
B)   Consistent
C)   Understandable
D)   Easily manipulatedE) C) and D)
F) All of the above

Question 2

Which of the following is a business benefit of BI?

Accepted Answer

A)   Single point of access to information for managers only
B)   BI available to financial organizational departments only
C)   Up-to-the minute information for everyone
D)   All of the choices are correct.E) None of the above
F) All of the above

Question 3

What types of BI decisions include predicting sales, determining correct inventory levels and distribution schedules among outlets, and loss prevention?

Accepted Answer

A)   Retail and sales BI decisions
B)   Banking BI decisions
C)   Operations management BI decisions
D)   Insurance BI decisionsE) A) and C)
F) B) and C) A

Question 4

Which of the following is one of the four main categories of BI benefits?

Accepted Answer

A)   Quantifiable benefits
B)   Predictable benefits
C)   Tangible benefits
D)   All of the choices are correct.E) A) and D)
F) B) and D)

Question 5

Data latency is the time from which data are made available to the time when analysis is complete.

Accepted Answer

A) True 
 B)False

Question 6

What is data latency?

Accepted Answer

A)   The time duration to make data ready for analysis and loading the data into the database
B)   The time from which data are made available to the time when analysis is complete
C)   The time it takes a human to comprehend the analytic results and determine an appropriate action
D)   None of the choices are correct.E) None of the above
F) A) and B)

Question 7

What types of BI decisions include forecasting claim amounts, medical coverage costs, classifying the most important elements that affect medical coverage to predicting which customers will buy new insurance policies?

Accepted Answer

A)   Retail and sales BI decisions
B)   Banking BI decisions
C)   Operations management BI decisions
D)   Insurance BI decisionsE) C) and D)
F) A) and B)

Question 8

Which of the following is a result of implementing business intelligence systems and tools allowing business users to receive data for analysis?

Accepted Answer

A)   Reliable
B)   Understandable
C)   Easily manipulated
D)   All of the choices are correct.E) A) and B)
F) C) and D)

Question 9

What types of BI decisions include predicting machinery failures and finding key factors that control optimization of manufacturing capacity?

Accepted Answer

A)   Retail and sales BI decisions
B)   Banking BI decisions
C)   Operations management BI decisions
D)   Insurance BI decisionsE) B) and C)
F) None of the above

Question 10

The three forms of BI include operational, tactical, and value-added.

Accepted Answer

A) True 
 B)False  False

Question 11

Which type of BI manages daily operations and integrates BI with operational systems?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the choices are correct.E) A) and C)
F) B) and C)

Question 12

Which form of BI has managers and analysts as its primary users?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the choices are correct.E) C) and D)
F) None of the above

Question 13

Which type of BI benefits includes improved communication throughout the enterprise, improved job satisfaction of empowered users, and improved knowledge sharing?

Accepted Answer

A)   Quantifiable benefits
B)   Indirectly quantifiable benefits
C)   Unpredictable benefits
D)   Intangible benefitsE) All of the above
F) A) and B)

Question 14

Which of the following can use BI to make informed decisions?

Accepted Answer

A)   Law enforcement industry
B)   Airline industry
C)   Broadcasting industry
D)   All of the choices are correct.E) A) and C)
F) B) and C)

Question 15

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

Accepted Answer

A)   Retail and sales BI decisions
B)   Banking BI decisions
C)   Operations management BI decisions
D)   Insurance BI decisionsE) B) and D)
F) A) and B)

Question 16

Which form of BI uses the time frame of days to weeks to months?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the choices are correct.E) None of the above
F) B) and D)

Question 17

Which form of BI uses months to years as its time frame?

Accepted Answer

A)   Operational BI
B)   Tactical BI
C)   Strategic BI
D)   All of the choices are correct.E) B) and C)
F) None of the above C

Question 18

Improving the quality of business decisions has a direct impact on costs and revenue.

Accepted Answer

A) True 
 B)False

Question 19

Quantifiable benefits, indirectly quantifiable benefits, unpredictable benefits, and intangible benefits are the four primary categories of BI benefits.

Accepted Answer

A) True 
 B)False

Question 20

What is analysis latency?

Accepted Answer

A)   The time duration to make data ready for analysis and loading the data into the database
B)   The time from which data are made available to the time when analysis is complete
C)   The time it takes a human to comprehend the analytic results and determine an appropriate action
D)   None of the choices are correct.E) A) and D)
F) A) and B)

Exam 29: Extending the Organizationsupply Chain Management

Which of the following is the result of BI that implies that the data have been documented as the certified or approved data for the enterprise?

Correct AnswerverifiedShow Answer

Which of the following is a business benefit of BI?

Correct AnswerverifiedShow Answer

What types of BI decisions include predicting sales, determining correct inventory levels and distribution schedules among outlets, and loss prevention?

Correct AnswerverifiedA

Which of the following is one of the four main categories of BI benefits?

Correct AnswerverifiedShow Answer

Data latency is the time from which data are made available to the time when analysis is complete.

Correct AnswerverifiedShow Answer

What is data latency?

Correct AnswerverifiedShow Answer

What types of BI decisions include forecasting claim amounts, medical coverage costs, classifying the most important elements that affect medical coverage to predicting which customers will buy new insurance policies?

Correct AnswerverifiedShow Answer

Which of the following is a result of implementing business intelligence systems and tools allowing business users to receive data for analysis?

Correct AnswerverifiedShow Answer

What types of BI decisions include predicting machinery failures and finding key factors that control optimization of manufacturing capacity?

Correct AnswerverifiedShow Answer

The three forms of BI include operational, tactical, and value-added.

Correct AnswerverifiedFalse

Which type of BI manages daily operations and integrates BI with operational systems?

Correct AnswerverifiedShow Answer

Which form of BI has managers and analysts as its primary users?

Correct AnswerverifiedShow Answer

Which type of BI benefits includes improved communication throughout the enterprise, improved job satisfaction of empowered users, and improved knowledge sharing?

Correct AnswerverifiedShow Answer

Which of the following can use BI to make informed decisions?

Correct AnswerverifiedShow Answer

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

Correct AnswerverifiedShow Answer

Which form of BI uses the time frame of days to weeks to months?

Correct AnswerverifiedShow Answer

Which form of BI uses months to years as its time frame?

Correct AnswerverifiedC

Improving the quality of business decisions has a direct impact on costs and revenue.

Correct AnswerverifiedShow Answer

Quantifiable benefits, indirectly quantifiable benefits, unpredictable benefits, and intangible benefits are the four primary categories of BI benefits.

Correct AnswerverifiedShow Answer

What is analysis latency?

Correct AnswerverifiedShow Answer

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A

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False

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C

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