BI combines the external data derived from the market with the internal data obtained from the company sources and creates a/an .....

DATA WAREHOUSING AND DATA MINING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

BI combines the external data derived from the market with the internal data obtained from the company sources and creates a/an ____

A	Decision
B	Insights
C	Intelligence
D	None

Explanation:

Detailed explanation-1: -What is business intelligence? 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-2: -Business intelligence is essentially a blanket term used to describe the many ways industries analyze and collect raw data. When used in combination with social media, BI can provide companies information such as customer demographics, search habits, and social behaviors.

Detailed explanation-3: -Business intelligence (BI) is a set of strategies and technologies for analyzing business information and transforming it into actionable insights that inform strategic and tactical business decisions.

Detailed explanation-4: -OLAP (Online Analytical Processing) This component of BI allows executives to sort and select aggregates of data for strategic monitoring. With the help of specific software products, a certification in business intelligence helps business owners can use data to make adjustments to overall business processes.

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FUNDAMENTALS OF COMPUTER

DATABASE FUNDAMENTALS

DATA WAREHOUSING AND DATA MINING