Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP) Are

question 48

Multiple Choice

Online transaction processing (OLTP) and online analytical processing (OLAP) are similar MIS strategies used to help with business decision making. What is the primary difference between OLTP and OLAP?

• A) OLTP is used at the operational level; OLAP is used at the managerial level.
• B) OLTP is used to capture transactional and event data; OLAP is used to manipulate information.
• C) OLTP is used to support structured decisions; OLAP is used to support semistructured decisions.
• D) All of these choices are correct.

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Definitions:

Product Leadership

A strategy that aims to build a company’s reputation for cutting-edge products and innovation, leading the market through quality and new features.

Operational Excellence

Creates a competitive advantage by holding down costs to provide customers with the lowest-priced products.

Corridor Principle

The idea that opportunities become available to an entrepreneur only after the entrepreneur has started a business.

Windows of Opportunity

Specific time periods during which a certain action can be taken or an event can occur, often leading to new possibilities or success.