BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Business Intelligence has replaced Business Analytics
A
True
B
False
Explanation: 

Detailed explanation-1: -For example, while business intelligence might tell business leaders what their current customers look like, business analytics might tell them what their future customers are doing. Some experts use business analytics as a term to describe a set of predictive tools used within the realm of business intelligence.

Detailed explanation-2: -Business intelligence combines business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations make more data-driven decisions.

Detailed explanation-3: -Which of the following statement is true about Business Intelligence? B. BI has a direct impact on organization’s strategic, tactical and operational business decisions. Explanation: All of the above statement are true.

Detailed explanation-4: -The link between business analytics and artificial intelligence can be seen from different perspectives. One the one hand, artificial intelligence is considered to be one of the three pillars of business analytics together with visualization and statistical modeling (Raghupathi and Raghupathi, 2021).

There is 1 question to complete.