Business Intelligence (BI)uses Scorecards and Dashboards to Support Decision-Making Activities

question 36

True/False

Business intelligence (BI)uses scorecards and dashboards to support decision-making activities, whereas business analytics (BA)uses data mining tools and predictive modeling.

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Definitions:

Judgment

A formal decision or order given by a court following a legal proceeding.

Partnership Profits

The earnings generated from a business operation that are shared among partners according to the terms of their partnership agreement.

Implied Authority

Authority that is not explicitly stated but is assumed to be granted due to the nature of a job or position.

Written Agreement

A document that outlines the terms and conditions agreed upon by parties, serving as a formal contract.