ch 7 end of chapter Flashcards
Emily Robertson is an employee at Regions Insurance Company, the largest insurance company in Texas. What type of decisions will she undertake if her responsibilities include receiving customer queries, setting appointments for sales representatives, updating customer records, and tracking potential clients through call records?
A. Unstructured decisions
B. Directional decisions
C. Tactical decisions
D. Operational decisions
E. Strategic decisions
D. Operational decisions
The general manager for Freeman and Associates is reviewing monthly project management reports to determine the best course of action for the next phase of the building project he manages. The types of decisions he is making are ________ decisions.
A. unstructured
B. structured
C. operational
D. strategic
E. tactical
E. tactical
Business intelligence is said to be used at the ________ if companies use it to bring meaningful, performance-related information to all employees.
A. tactical level
B. directional level
C. operational level
D. strategic level
E. executive level
C. operational level
Emily Harris, a marketing manager at a major advertising firm, undertakes decisions on promotional campaigns, internet marketing, and brand awareness. At which level of decision making is Emily involved?
A. Strategic
B. Tactical
C. Administrative
D. Executive
E. Operational
B. Tactical
DirecTV captures customer transactions and streams the data instantly to its data warehouse where it can be used to develop targeted promotions to new customers or ones who may be considering canceling their service. This process represents a growing need for ________ to make faster business decisions.
A. knowledge management systems
B. internal company information
C. web-based information
D. big data
E. real-time business intelligence
E. real-time business intelligence
Kyle Albright is a database administrator at Regions Bank in Atlanta. He is currently working on problems of information overload on the bank’s operational systems. Which of the following actions would best help Kyle to speed up the systems and prevent information overload?
A. Storing critical data on email or locally on workstations
B. Transferring all the company data to the cloud
C. Building a data warehouse optimized for complex queries
D. Housing all transactional data on a common server
E. Creating a process of running system queries simultaneously
C. Building a data warehouse optimized for complex queries
iTicket, an online event-ticketing site, recently discovered that most of its good seats for a widely anticipated concert were preemptively booked in bulk by brokers. This action resulted in a shortage of tickets that the public could have bought themselves. Which of the following most likely enabled the brokers to book tickets in such large numbers?
A. Mashups
B. Dashboards
C. Bots
D. Big data
E. Neural networks
C. Bots
Which of the following real-life functions does an intelligent agent perform?
A. Classifying and indexing web pages for search engines
B. Collecting and sorting a company’s sales data
C. Tracking internet usage patterns of a company’s employees
D. Loading data into data warehouses
E. Monitoring the internet to screen out malicious software and viruses
A. Classifying and indexing web pages for search engines
The “Internet of Things” is often considered a major contributor to ________, which also includes information collected from wikis, blogs, social networking sites, and discussion forums.
A. business intelligence
B. bots
C. Web 2.0
D. a data warehouse
E. big data
E. big data
A system that can diagnose a specific medical condition based on a set of reported symptoms and recommend a course of treatment with the same skill as a human diagnostician is termed a(n) ________.
A. goal seeking system
B. optimizing system
C. forecasting system
D. data mining system
E. expert system
E. expert system
Big Dog Running Company uses ________ to analyze data collected from each of its three stores by product line and date, which allows the company to better design its marketing and promotion campaigns.
A. market basket analysis
B. goal seeking
C. forecasting
D. what-if analysis
E. OLAP
E. OLAP
Rodney Perkins, who works in the marketing department of the Fairfield Inn, has been given the responsibility of identifying patterns in the preferences of guests who have repeatedly visited the hotel in the past ten years. Which of the following would best help him categorize the massive amounts of data to reveal preferences of guests, such as room type and room service?
A. What-if analysis
B. Goal seeking
C. Forecasting analysis
D. Online analytical processing
E, Optimization analysis
D. Online analytical processing
James Coburn is a business analyst at Dillard’s, a high-end retail store. James is preparing a report to assess customer data to understand the buying patterns of customers when they purchase multiple items. Which of the following will best help James analyze the purchasing habits of customers who bought rain boots along with umbrellas, ties along with shirts, and hair clips along with headbands among other related products?
A. Goal seeking
B. Market basket analysis
C. What-if analysis
D. Online analytical processing
E. Forecasting
B. Market basket analysis
The business analysts at Blue Bell, a brand of ice cream, recently were asked to assess revenue generated over the past five years to observe seasonal and historical trends. After extensive analysis, they arrive at the conclusion that the sales were highest during the months of July and August, the summer months in the country, and an all-time low during January, the peak of winter. Which of the following tools would have best helped them arrive at this conclusion?
A. Forecasting
B. Optimization analysis
C. Goal seeking
D. What-if analysis
E. Market basket analysis
A. Forecasting
The adult education director at St. Francis Hospital uses ________ to evaluate the interactions of variables that contribute to the profitability of various potential seminars.
A. predictive analysis
B. forecasting
C. scheduling
D. optimization analysis
E. what-if analysis
E. what-if analysis