You Are Evaluating BI Software from a Variety of Vendors

question 88

Essay

You are evaluating BI software from a variety of vendors.Identify six elements in the BI environment.Use your understanding of the importance of these elements to formulate six questions to ask the vendor in order to determine how their software will interplay with your needs.

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Definitions:

Conservatism

In accounting, it is the principle of recognizing expenses and liabilities as soon as possible when there is uncertainty about the outcome, but only recognizing revenues when they are assured of being received.

Put-call Ratio

A metric used to measure market sentiment by dividing the number of traded put options by the number of traded call options.

Breadth

The extent to which movements in the broad market index are reflected widely in movements of individual stock prices.

Confidence Index

Ratio of the yield on top-rated corporate bonds to the yield on intermediate-grade bonds.