BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Businesses began turning to business intelligence and predictive analytic software solutions.
A
By 2000s
B
Before 1990s
C
Last 2017
D
In 1990s
Explanation: 

Detailed explanation-1: -The first use of the term “business intelligence” is widely attributed to Mr. Richard Miller Devens, in his book Cyclopædia of Commercial and Business Anecdotes, first published in 1865.

Detailed explanation-2: -Predictive analytics first started in the 1940s, as governments began using the early computers. Though it has existed for decades, predictive analytics has now developed into a concept whose time has come.

Detailed explanation-3: -Boost Business Operations Visibility Organizations that leverage business intelligence have better control and visibility over their processes. It helps them identify and rectify errors or inefficiencies in existing processes. It also allows them to predict unforeseen challenges and act accordingly.

Detailed explanation-4: -Why Is There A Rise In Business Intelligence? The need to make critical business decisions within a given period has prompted the growth of BI and analytic tools.

There is 1 question to complete.