Examlex

Solved

Which of the Following Is the Result of BI That

question 10

Multiple Choice

Which of the following is the result of BI that the data have been defined in business terms and calculations and algorithms are easily accessed for comprehension?

Understand the dynamics between currency exchange rates and international trade.
Explain how international transactions are recorded in the balance of payments.
Distinguish between credit and debit items in the balance of payments.
Understand the concepts and mechanisms of corporate takeovers and their barriers.

Definitions:

Data Marts

Subsets of data warehouses focused on specific business lines or departments, providing targeted information for data analysis and decision making.

Source System

A system where data originates before it is transferred to a destination system, commonly used in data integration and migration scenarios.

Data Warehouse

A large store of data accumulated from a wide range of sources within a company and used to guide management decisions.

ERP

Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management, compliance, and supply chain operations.

Related Questions