Business Systems Analytics Exam Questions and Solutions,
Exams of Business Systems 2026
What is business analytics? - ANSWERinsight at the point of impact; it makes extensive
use of data, statistically and quantitative analysis, explanitory and predictive modeling,
and fact-based management to drive decision making
What questions gain insights? - ANSWERQ1: How are we doing?
A1: Scorecards and dashboards
Q2:Why?
A2:Reporting and Analytics
What questions gain foresight? - ANSWERQ3:What should we be doing?
A3:Planning, Forcasting, Predictive Analytics
What does alignment require? - ANSWERData, business process integration between
all units
What are the 3 D's of data analytics? - ANSWERData Driven Decisions and actions
What are the drivers of Business Analytics? - ANSWER1. dramatic increase in the
amount of data to analyze
2. Affordable and user-friendly technology
3. Growing demand in business for self-serve BA
4. The need to understand what drives business performance and how to optimize
these drives
,5. Increased competitive global market place
What is the strategic role of BA? - ANSWER-support all levels of the ors's plans:
strategic, tactical, operational
- provide insights to formulate corporate strategies and drive business actions
- employed as a critical tool to monitor, optimize corporate performance
What is the analytical competitor? - ANSWERorganizations competing on analytics
systematically to outthink, outexecute, and outperform competition
What are the 3 types of business analytics? - ANSWERDescriptive, Predictive,
Prescriptive
Descriptive marketing analytics - ANSWERQs: What happened, what is happening
now? (real-time)
BA: summary statistics, data visualization, dashboard
Predictive marketing analytics - ANSWERQs: What could happen in the future, what
trends? (future)
BA: Forcasting, regression, predictive model, data mining
Prescriptive marketing analytics - ANSWERQs: What is the best action, what should we
perscribe? (action)
BA: random testing, optimization modeling, simulaton
What are the 3 levels of BA? - ANSWERPast, Present and Future
, What factors determine the past level of BA? - ANSWERNew Insight: How and why did
it happen? (model)
Known Information: What happened? (report)
What factors determine the present level of BA? - ANSWERNew Insight: What's the
best action? (reccomended)
Known Information: What is happening now? (report)
What factors determine the future level of BA? - ANSWERNew Insight: Whats the best
and worst that can happen? (predict, optimize, simulate)
Known Information: What will happen? (extrapolate)
BI vs BA - ANSWERBI: measure, monitor against goals (it centric)
BA: investigate, explore, discover (business centric)
How do you measure the effectiveness of performance management? -
ANSWERstrategy, tactics, operations
how do you measure the efficiency of performance management? - ANSWERBusiness
process - value to resources
What is the performance management process? - ANSWER1. Define performance
indicators
2. set performance goals
3. measure performance
4. analyze and perform measures
5. decide and act
6. monitor performance
Exams of Business Systems 2026
What is business analytics? - ANSWERinsight at the point of impact; it makes extensive
use of data, statistically and quantitative analysis, explanitory and predictive modeling,
and fact-based management to drive decision making
What questions gain insights? - ANSWERQ1: How are we doing?
A1: Scorecards and dashboards
Q2:Why?
A2:Reporting and Analytics
What questions gain foresight? - ANSWERQ3:What should we be doing?
A3:Planning, Forcasting, Predictive Analytics
What does alignment require? - ANSWERData, business process integration between
all units
What are the 3 D's of data analytics? - ANSWERData Driven Decisions and actions
What are the drivers of Business Analytics? - ANSWER1. dramatic increase in the
amount of data to analyze
2. Affordable and user-friendly technology
3. Growing demand in business for self-serve BA
4. The need to understand what drives business performance and how to optimize
these drives
,5. Increased competitive global market place
What is the strategic role of BA? - ANSWER-support all levels of the ors's plans:
strategic, tactical, operational
- provide insights to formulate corporate strategies and drive business actions
- employed as a critical tool to monitor, optimize corporate performance
What is the analytical competitor? - ANSWERorganizations competing on analytics
systematically to outthink, outexecute, and outperform competition
What are the 3 types of business analytics? - ANSWERDescriptive, Predictive,
Prescriptive
Descriptive marketing analytics - ANSWERQs: What happened, what is happening
now? (real-time)
BA: summary statistics, data visualization, dashboard
Predictive marketing analytics - ANSWERQs: What could happen in the future, what
trends? (future)
BA: Forcasting, regression, predictive model, data mining
Prescriptive marketing analytics - ANSWERQs: What is the best action, what should we
perscribe? (action)
BA: random testing, optimization modeling, simulaton
What are the 3 levels of BA? - ANSWERPast, Present and Future
, What factors determine the past level of BA? - ANSWERNew Insight: How and why did
it happen? (model)
Known Information: What happened? (report)
What factors determine the present level of BA? - ANSWERNew Insight: What's the
best action? (reccomended)
Known Information: What is happening now? (report)
What factors determine the future level of BA? - ANSWERNew Insight: Whats the best
and worst that can happen? (predict, optimize, simulate)
Known Information: What will happen? (extrapolate)
BI vs BA - ANSWERBI: measure, monitor against goals (it centric)
BA: investigate, explore, discover (business centric)
How do you measure the effectiveness of performance management? -
ANSWERstrategy, tactics, operations
how do you measure the efficiency of performance management? - ANSWERBusiness
process - value to resources
What is the performance management process? - ANSWER1. Define performance
indicators
2. set performance goals
3. measure performance
4. analyze and perform measures
5. decide and act
6. monitor performance
