BUSINESS DRIVEN TECHNOLOGY
COMPREHENSIVE SOLVED QUESTIONS AND
COMPLETE ANSWERS
◉ information.
Answer: Data converted into a meaningful and useful context
◉ report.
Answer: A document containing data organized in a table, matrix, or
graphical format allowing users to easily comprehend and
understand information.
◉ static reports.
Answer: business intelligence documents that are fixed at the time
of creation and do not change
◉ dynamic reports.
Answer: business intelligence documents that are updated at the
time they are requested
◉ Variable.
, Answer: A data characteristic that stands for a value that changes or
varies over time.
◉ Business Intelligence (BI).
Answer: Information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that
analyzes patterns, trends, and relationships for strategic decision
making. Incorporating all types of internal & external variables to
anticipate business performance.
◉ Analystics.
Answer: The science of fact-based decision making. Encompassing
the use of analytical techniques in the sciences & engineering fields
as well as business.
◉ Descriptive Analytics.
Answer: the use of data to understand past and current business
performance and make informed decisions. Creating a report that
includes charts and graphics explaining the data.
◉ Business Analytics (BA).
Answer: The scientific process of transforming data into insight for
making better decisions.
COMPREHENSIVE SOLVED QUESTIONS AND
COMPLETE ANSWERS
◉ information.
Answer: Data converted into a meaningful and useful context
◉ report.
Answer: A document containing data organized in a table, matrix, or
graphical format allowing users to easily comprehend and
understand information.
◉ static reports.
Answer: business intelligence documents that are fixed at the time
of creation and do not change
◉ dynamic reports.
Answer: business intelligence documents that are updated at the
time they are requested
◉ Variable.
, Answer: A data characteristic that stands for a value that changes or
varies over time.
◉ Business Intelligence (BI).
Answer: Information collected from multiple sources such as
suppliers, customers, competitors, partners, and industries that
analyzes patterns, trends, and relationships for strategic decision
making. Incorporating all types of internal & external variables to
anticipate business performance.
◉ Analystics.
Answer: The science of fact-based decision making. Encompassing
the use of analytical techniques in the sciences & engineering fields
as well as business.
◉ Descriptive Analytics.
Answer: the use of data to understand past and current business
performance and make informed decisions. Creating a report that
includes charts and graphics explaining the data.
◉ Business Analytics (BA).
Answer: The scientific process of transforming data into insight for
making better decisions.