Business Intelligence Questions

Q:

Which industries can benefit from BI?

Answer

Companies across all the industries like Manufacturing, BFSI, Retail, Service, Telecom, ITES, Pharma & Healthcare, Infrastructure & Construction, Automotive, Education, Government, Public Sector, etc. can benefit from BI.

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Q:

What is a Universe?

Answer

A universe is a business-oriented mapping of the data structure found in databases: tables, columns, joins, etc. It can represent any specific application, system, or group of users. For example, a universe can relate to a department in a company such as marketing or accounting.


In the BusinessObjects User module, universes enable end users to build queries from which they can generate and perform analysis.

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Q:

Name some of the standard Business Intelligence tools in the market?

Answer

Some of the standard Business Intelligence tools in the market According to there performance 


1)MICROSTRATEGY 


2)BUSINESS OBJECTS,CRYSTAL REPORTS 


3)COGNOS REPORT NET 


4)MS-OLAP SERVICES

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Q:

How would you handle conditional formats in BI?

Answer

There are lot of ways are there to use the conditional formatting, most of the Process flow maintains more attention in the loops, alias and contextCheers.

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Q:

How would you explain the concept of business intelligence? What is its importance?

Answer

Business intelligence is a concept that covers development of warehousing and business intelligence applications and databases that assist in diagnosing and repairing user issues as well as performance ones. This is an extremely important set of procedures as it engenders quality end-user products and helps company representatives in understanding core issues and resolving them.

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Q:

Which best describes the practice of outsourcing?

Answer

 


In business, outsourcing is an agreement in which one company contracts its own internal activity to different company. It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).


 


A company moves some of its jobs to another country and employing workers in other countries to save on labor costs best describes the practice of outsourcing.

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Subject: Business Intelligence Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following statements about financial aid are true?

A) Financial aid is available to community college students. B) Most high school varsity sports team members will receive an athletic scholarship.
C) Elite, private colleges don't offer financial aid packages. D) Only children of unemployed parents can't qualify for financial aid.
 
Answer & Explanation Answer: A) Financial aid is available to community college students.

Explanation:
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Filed Under: Business Intelligence
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

In the expansion phase of a business cycle

A) economy moves from a trough to a peak. B) economy moves from a peak to a trough.
C) economy moves from a trough to a contraction. D) economy moves from a peak to a peak.
 
Answer & Explanation Answer: A) economy moves from a trough to a peak.

Explanation:

There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

 

Expansion is a phase in which, when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak.

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Filed Under: Business Intelligence
Exam Prep: AIEEE , Bank Exams , CAT
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