Question 1

Many business users in the 1980s referred to their mainframes as "the black hole," because all the information went into it,but little ever came back and ad hoc real-time querying was virtually impossible.

Accepted Answer

This is a common characterization of mainframes in the 1980s, as they were primarily used for batch processing and did not have the real-time querying capabilities of modern systems.

Question 2

The complexity of today's business environment creates many new challenges for organizations,such as global competition,but creates few new opportunities in return.

Accepted Answer

The statement is false. The complexity of today's business environment does create new opportunities for organizations, such as access to new markets, new technologies and new sources of talent.

Question 3

The success of BI is assured not because of which personnel would be the most likely to use it,but as a result of pervasive adoption across the organization.

Accepted Answer

False

Question 4

The use of statistics in baseball by the Oakland Athletics,as described in the Moneyball case study,is an example of the effectiveness of prescriptive analytics.

Accepted Answer

The use of statistics in baseball by the Oakland Athletics, as described in the Moneyball case study, is an example of prescriptive analytics. Through data analysis, the team was able to prescribe certain strategies and player selections to improve their performance and ultimately succeed on a limited budget.

Question 5

Volume,velocity,and variety of data characterize the Big Data paradigm.

Accepted Answer

Volume refers to the massive amount of data being generated, velocity refers to the speed at which data is generated and needs to be processed, and variety refers to the different types of data sources and formats. These three characteristics are commonly used to describe Big Data.

Question 6

Information systems that support such transactions as ATM withdrawals,bank deposits,and cash register scans at the grocery store represent transaction processing,a critical branch of BI.

Accepted Answer

The answer of Information systems that support such transactions as...

Question 7

One of the four components of BI systems,business performance management,is a collection of source data in the data warehouse.

Accepted Answer

Business Performance Management (BPM) focuses on monitoring and managing an organization's performance according to key performance indicators (KPIs), rather than being about collecting source data in the data warehouse. Data warehousing is more related to the data management aspect of BI systems, which involves collecting, storing, and managing data.

Question 8

The overwhelming majority of competitive actions taken by businesses today feature computerized information system support.

Accepted Answer

This statement is true. In today's business environment, computerized information systems are essential for supporting competitive actions such as market research, data analysis, product development, supply chain management, and customer relationship management.

Question 9

The two critical partnerships required for BI governance are (a)a partnership between functional area users and/or product/service area employees,and (b)a partnership between representatives of the marketing and vendor sides.

Accepted Answer

The two critical partnerships for BI governance are typically between IT and business users, not specifically marketing and vendor sides.

Question 10

Computerized support is only used for organizational decisions that are responses to external pressures,not for taking advantage of opportunities.

Accepted Answer

Computerized support can be used for both responding to external pressures and taking advantage of opportunities. It enables organizations to collect, analyze and synthesize a vast amount of data that can be used to identify potential opportunities, develop new strategies and tactics, and make informed decisions that maximize competitive advantage.

Question 11

The access to data and ability to manipulate data (frequently including real-time data)are key elements of business intelligence (BI)systems.

Accepted Answer

Access to data and the ability to manipulate data in real-time are crucial components of business intelligence systems. BI systems rely on accurate and timely data to generate insights and inform decision-making processes. Without access to data or the ability to manipulate it, BI systems would not be effective.

Question 12

The use of dashboards and data visualizations is seldom effective in finding efficiencies in organizations,as demonstrated by the Seattle Children's Hospital Case Study.

Accepted Answer

The statement is incorrect. The Seattle Children's Hospital Case Study actually demonstrated the effectiveness of dashboards and data visualizations in finding efficiencies and improving patient care.

Question 13

The term intelligence in a BI context is used to describe clandestine operations dedicated to stealing corporate secrets,in the manner of the government's CIA and other covert agencies.

Accepted Answer

In a business intelligence context, the term "intelligence" refers to the gathering and analysis of internal and external data to make strategic business decisions. It does not involve covert operations.

Question 14

Pushing programming out to distributed data is achieved solely by using the Hadoop Distributed File System or HDFS.

Accepted Answer

Pushing programming out to distributed data can also be achieved through other frameworks such as Apache Spark, Apache Flink, and Apache Storm. While HDFS is commonly used for storing and managing distributed data, it is not the only technology available for pushing programming out to it.

Question 15

BI represents a bold new paradigm in which the company's business strategy must be aligned to its business intelligence analysis initiatives.

Accepted Answer

The answer of BI represents a bold new paradigm in...

Question 16

In addition to deploying business intelligence (BI)systems,companies may also perform other actions to counter business pressures,such as improving customer service and entering business alliances.

Accepted Answer

Improving customer service and entering business alliances are common strategies companies use to address business pressures in addition to utilizing BI systems.

Question 17

Traditional BI systems use a large volume of static data that has been extracted,cleansed,and loaded into a data warehouse to produce reports and analyses.

Accepted Answer

Traditional BI systems do use a large volume of static data that has been extracted, cleansed, and loaded into a data warehouse to produce reports and analyses.

Question 18

Actionable intelligence is the primary goal of modern-day Business Intelligence (BI)systems vs.historical reporting that characterized Management Information Systems (MIS).

Accepted Answer

Modern-day BI systems are designed to provide actionable intelligence to help organizations make data-driven decisions, while historical reporting was the primary focus of MIS systems.

Question 19

Almost all BI applications are constructed with shells provided by an outsourcing provider who may themselves create a custom solution for a vendor or work with another client.

Accepted Answer

While outsourcing providers may provide shells for BI applications, not all applications are constructed using outsourced solutions. Additionally, not all outsourcing providers create custom solutions for vendors or work with other clients.

Question 20

Data warehouse and BI initiatives typically follow a process similar to that used in military intelligence initiatives.

Accepted Answer

Both data warehouse and business intelligence initiatives involve gathering, analyzing, and reporting on data in order to make informed decisions. This process is similar to the process used in military intelligence gathering and analysis.

Quiz 1: An Overview of Business Intelligence, Analytics, and Decision Support