Business Intelligence and Analytics MCQs with Answers

Business Intelligence and Analytics MCQs with Answers

Are you looking for a comprehensive set of Business Intelligence and Analytics MCQs with Answers? Preparing for an upcoming exam on this topic can be challenging. However, it is necessary to retain the knowledge and gain an in-depth understanding of the concepts.

This article will provide a set of multiple choice questions that cover different aspects of Business Intelligence and Analytics. These questions are accompanied by detailed explanations to help participants better understand the answers.

What is Business Intelligence and Data Analytics ?

Business Intelligence (BI) and Data Analytics are two of the most commonly used terms in today’s digital world. These concepts enable businesses to extract valuable insights from their data, which helps them make informed decisions for their future strategies.

Business Intelligence refers to the process of collecting, analyzing, and presenting information that can be used to enhance business performance.

Data Analytics, on the other hand, involves applying statistical algorithms and machine learning techniques to large datasets to identify trends, patterns, and correlations.

By leveraging BI and Data Analytics tools, businesses can gain a deeper understanding of their operations and customers’ behavior. This knowledge can help organizations make proactive decisions about resource allocation or resource optimization.

In conclusion, Business Intelligence and Data Analytics have revolutionized the way businesses operate in today’s data-driven world.

Business Intelligence and Data Analytics

50 Business Intelligence and Analytics MCQs with Answers

1. ___ is methodology-based scorecards, such as the Balanced Scorecard, and strategy management applications.
Ans. Scorecards and strategy

2. Give an example of Business Intelligence.
Ans. Industry analysis

3. ___ are the final goals for authors, vendors and IT consultants when commencing the BI projects.
Ans. Insights

4. ___ uses the plan to achieve its desired goal.
Ans. Intelligence

5. Information is verified to be ___.
Ans. Precise

6. Intelligence is a sometimes called as ___.
Ans. Active data

7. ___ is both the quality of the location for sharing information and the quality of the human resources.
Ans. Knowledge Quality

8. ___and ___ are the technology resources that support the human resource in an intelligent learning organisation.
Ans. Data resource, Information engineering

9. ___ is the knowledge that has been delivered clearly to a community of people, such as an organisation.
Ans. Explicit knowledge

10. ___ Is the system aligned to strategic operations and goals of the organisations?
Ans. Relevance

11. The most important parameter in BI is accuracy. State True or False.
Ans. True

12. BI applications are difficult to use and make information less accessible, State True or False.
Ans. False

13. ___ applications are very isolated,
Ans. Business intelligence application

14. BI application system requires the ability to make casual decisions in a less and fast time frame. State True or False
Ans. False

15. BI helps in identifying and understanding the relationship between business processes and performance. (True/false).
Ans. True

16. BI cannot be called decision support systems. State true or false.
Ans. False

17. BI provides users with the information which is required to make the most effective decisions for their organisations. State true or false.
Ans. True

18. ___ is a technique used to source data from a data warehouse or data mart.
Ans. OLAP

19. Data warehouse is a ___ that stores business-related information.
Ans. Database

20. In presentation layer, the data stored within the data infrastructure is transformed to information that can be analysed further. (True/False).
Ans. False

21. Through interactive user interfaces such as ___, the end users can slice and dice, and access information through interactive visualisations.
Ans. Dashboard

22. The ___ layer gives the decision makers the access to business data and the ability to make informed decisions.
Ans. Presentation

23. ___ is the process by which we can identify, model and document the movement of data around an information system.
Ans. Data flow modeling

24. ___ is a design technique for databases intended to support end-user queries in a data warehouse.
Ans. Data modeling

25. To create a successful BI report, a lot of attention must be given only to IT professionals. State true or false.
Ans. False

26. There are three factors that make BI available across users within an organisation that empowers many individuals. (True/False).
Ans. True

27. ___is the means by which organisations interpret the ocean of data to derive insights that are critical to compete in the world economy.
Ans. Business Intelligence

28. ___ provides the foundation for end-to-end solutions that provide both advanced data management and easy to use analysis and reporting tools.
Ans. BI platform

29. Measuring ___ and monitoring for improvements is the first step towards being sustainable.
Ans. Sustainability

30. ___ have considerable power and influence through investments.
Ans. Stakeholders

31. While selecting a KPI, reflect the ___.
Ans. Organisational goal

32. An important part of an organisation is working with stakeholders (True/False).
Ans. True

33. Microsoft Office Suite is a ___ application.
Ans. BI

34. The three types of decisions are ___, ___ and ___decisions.
Ans. Strategic, tactical and organisational

35. BI looks for authoritative sources of data that define limited, concrete, dimensional definitions of the business and use those to perform ___.
Ans. Reporting

36. Getting the right people involved in a project is the key to success setting the right expectations and communicating well to avoid disappointment by the customer. (True/False).
Ans. True

37. Tools for developing analytical reporting can be expensive and requires an in depth knowledge to use it effectively. (True/False).
Ans. True

38. Implementing Business Intelligence requires a lot of ___ and ___.
Ans. Analysis and investment

39. Data marts are constructed from dimensional ___
Ans. Data model

40. BI serves as a tool to examine performance, strategic and statistical planning and develop future statistical plans. (True/false).
Ans. True

41. Business Intelligence is ___ method which is used in departments which identifies, extracts, and evaluates production data.
Ans. Computer-based

42. ___of Business Intelligence offers past, existing, and observations which can be expected in future which are of business operations.
Ans. Multiplicity

43. BI uses technologies, processes, and functions to examine mainly internal, planned data and___.
Ans. Business methods

44. ___ Business Intelligence uses graphs and other illustrations to keep track of an organisation’s performance of the earlier period as well as future terms.
Ans. Traditional

45. One of the vital characters of a ___ is the capacity to re-calculate the complete sheet after an alteration to a single cell.
Ans. Spreadsheet

46. ___ is a process management technique that allow for the analysis of business processes based on event logs.
Ans. Process mining

47. ___ is also referred to as Management Information Systems.
Ans. Digital Dashboard

48. Enterprise Business Intelligence is a process mainly concentrates on the gathering, investigation, distribution, and ___use of information.
Ans. Appropriate

49. An ___ scheme essentially modifies the way an organisation expects and makes conclusions.
Ans. Enterprise BI

50. The most significant factor in gathering enterprise business intelligence is ___.
Ans. Output

Conclusion:

Business intelligence and data analytics are powerful tools that can help organizations make sound decisions, identify opportunities, and increase their competitive advantage.

By understanding how to leverage these tools to maximize the value of their data, businesses can unlock new insights and develop strategies to ensure they remain ahead of the competition in today’s rapidly changing world.

Companies must also prioritize data security while leveraging these tools to ensure confidential information remains protected.

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