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Master
of Business Administration - MBA Semester 3
ISM304 – BUSINESS INTELLIGENCE TOOLS
Set 1
Qus:1 There are different types of
roles in a programme team. Explain each.
Roles in BI Programme team. 10
Answer: The BI program team creates the
foundation, provides continuity and is responsible for maintaining standards,
coordination and integration in a project. There are different types of roles
in a
Qus:2 OLAP is a technology that is
used to analyse data stored at different network locations or data warehouses.
Explain its Characteristics and types.
a) Characteristics of OLAP 5
b) Types of OLAP 5
Answer: OLAP is a technology that is used to
analyse data stored at different network locations or data warehouses. It
allows you to analyse data from multiple database systems at the same time. The
five main
Qus:3 Business intelligence tools are software programs and applications
that are used for comprehensive and detailed data analysis. Explain the “Tools
supporting information integration capability” and “Tools supporting
presentation capability”.
a) Tools supporting information
integration capability 5
b) Tools supporting presentation
capability 5
Answer: Tools supporting information
integration capability
Information
integration capability is the ability to relate structured and unstructured
data, and information and knowledge
Set 2
Qus:1 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 7
b) Difference between Waterfall &
Agile Approach 3
Answer: Approaches for Development of
Business Intelligence Solutions
The two approaches in software development,
which are significant in the case of BI solution
Qus:2 Elaborate on the Business Intelligence (BI) applications in
Finance
Business Intelligence (BI)
applications in Finance 10
Answer: 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
Qus:3 Business intelligence (BI) is a process by which an organisation
analyses raw data so that it can take informed decisions about its future in a
timely manner. Explain the keys to ensure success of BI in organisations
The keys to ensure success of BI in
organisations 10
Answer: A company or an organisation should
recognise the importance of data and information to measure its performance and
adopt BI for better decisionmaking and analytic operations. However, only
adopting BI will not ensure an organisation’s success. BI needs to be deployed
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