Explanation:Business intelligence (BI) is a broad category of application programs and technologies for gathering, storing, analyzing, and providing access to data from various data sources. 2. Point out the correct statement :
A. OLAP is an umbrella term that refers to an assortment of software applications for analyzing an organization’s raw data for intelligent decision making
B. Business intelligence equips enterprises to gain business advantage from data
C. BI makes an organization agile thereby giving it a lower edge in today’s evolving market condition.
D. None of the mentioned
Answer:A
Explanation:Business intelligence (BI) is a broad category of application programs and technologies for gathering, storing, analyzing, and providing access to data from various data sources. 2. Point out the correct statement :
A. OLAP is an umbrella term that refers to an assortment of software applications for analyzing an organization’s raw data for intelligent decision making B. Business intelligence equips enterprises to gain business advantage from data C. BI makes an organization agile thereby giving it a lower edge in today’s evolving market condition. D. None of the mentioned
Explanation:Once an organization is powered with BI it can anticipate enhanced turnaround time on data collection, come up with fresh ideas for novel business initiatives. 3. BI can catalyze a business’s success in terms of :