ISM4011 EXAM 3 (CH 9-12) UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

ISM4011 EXAM 3 (CH 9-12) UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Question:
ISM4011 EXAM 3 (CH 9-12) UPDATED
CORRECT ANSWERS
- Process of hiring another organization to
- Saves cost, gain expertise, and free management
Outsourcing
1
Data mart
3




Answer:

, ACTUAL QUESTIONS AND
perform services
time
Business Intelligence (BI) Systems
2
3 primary activities in the BI process:
4

Question:
Business Intelligence (BI) Systems
Answer:
Are information systems that process operational and other data to analyze past
performance to make predictions

Question:
- Identifying changes in purchasing patterns
- Entertainment: buyers will say they want one thing but purchase something else
- Predictive policy: analytical techniques in law enforcement to identify potential
criminal activity
Answer:
Typical uses for BI:

Question:
Types of data and how it is acquired:
Answer:
- Informing
- Decision-making
- Problem-solving
- Project mangement

Question:
3 primary activities in the BI process:
Answer:
1) Data acquisition
2) BI analysis
3) Publish results

Question:
The process of obtaining, cleaning, organizing, relating, and cataloging source
data ; what needs to be done?
Answer:
Data acquisition

Question:
The process of creating business intelligence: Reporting, data mining, BigData ;
how is it made useful?
Answer:
BI analysis