Which of the following statements is TRUE of business intelligence (BI) systems?
A) Business intelligence systems are primarily used for developing software systems and data mining applications.
B) The four standard components of business intelligence systems are software, procedures, applications, and programs.
C) The software component of a business intelligence system is called an intelligence database.
D) Business intelligence systems analyze an organization's past performance to make predictions.

Question

Quizplus · Accepted Answer

Business intelligence systems analyze an organization's past performance to make predictions. BI systems are used to analyze historical data and provide insights that can help organizations make informed decisions about future opportunities and risks. They typically include software for data collection, analysis, and visualization, as well as procedures and applications for managing and sharing data. The software component of a BI system may include an intelligence database, but this is not the only or primary component.

Which of the Following Statements Is TRUE of Business Intelligence