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DRIVE
SUMMER 2016
PROGRAM
MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
III
SUBJECT CODE & NAME
MI0036 – BUSINESS INTELLIGENCE TOOLS
1.
Explain Data, Information & Knowledge. Define the meaning of Business
Intelligence (BI). Write a short note on Data Governance (DG)
a) Explanation
of Data, Information & Knowledge
b) Meaning of
Business Intelligence (BI)
c) Write a short
note on Data Governance (DG)
Answer: a) Data is
a collection of discrete objects, facts, figures, symbols, images or sound.
Data is of little or no meaning if it is out of context. Let’s consider the following
examples.
Example
1: Yes,
No, No, Yes, No, Yes, Yes, No, No, No
Example
2:
2.
Explain the various components of Data Warehouses and its goals.
a) Explanation
of the various components of Data Warehouses
b) Goals of Data
Warehouses
Answer: a) The various
components of a data warehouse are as follows:
Data
sources: It
refers to any electronic source from where data is collected, such as point of
sales (POS). Data
3.
List and elaborate the Phases of the Business Intelligence (BI) Lifecycle
Phases of the
Business Intelligence (BI) Lifecycle
Answer: Phases of the Business Intelligence (BI)
Lifecycle
1.
Discover: As a first step,
it is imperative to identify a business need before starting any project. The organisation
then evaluates the significance of the business need and ensures that it aligns
with the
4.
Write short note on the types of approaches for Development of Business
Intelligence Solutions and Differentiate between Waterfall & Agile Approach
a) Short note on
the types of approaches for Development of Business Intelligence Solutions
b) Difference
between Waterfall & Agile Approach
Answer: a) Approaches for Development of Business
Intelligence
The
waterfall approach
In
the waterfall approach, software development is viewed as a sequential process,
in which the development
5.
Elaborate on the Business Intelligence (BI) applications in Finance
Business
Intelligence (BI) applications in Finance
Answer: BI
Applications in Finance
Understanding
how BI can be harnessed and applied to the finance sector is beneficial for
both investors and financial institutions. A recent report of financial
institutions states that many financial institutions of US and other countries
can get benefit by implementing a BI solution. “Financial institutions want to
use customer-level data on channel activity, product holdings, and
6.
Write Short notes on
a)
Business Sponsors
b)
Business Intelligence (BI) Project Planning
c)
Silver Bullet Syndrome
Answer: a) Business
sponsors
Strong
business sponsors believe in the BI project’s value and remove the obstacles to
champion it. A BI project requires support from a committed business sponsor
within an organisation. It generally fails to find that support. Business
sponsors create suitable
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 700/sem
if urgent then call us on 08791490301, 08273413412
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