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ASSIGNMENT
DRIVE
|
FALL 2014
|
PROGRAM
|
MBADS – (SEM 3/SEM 5) / MBAN2 / MBAFLEX – (SEM 3) /
PGDISMN – (SEM 1)
|
SUBJECT CODE & NAME
|
MI0036- BUSINESS INTELLIGENCE & TOOLS
|
SEMESTER
|
3
|
BK ID
|
B1219
|
CREDITS
|
4
|
MARKS
|
60
|
Note: Answer all questions. Kindly
note that answers for 10 marks questions should not exceed 400 words. Each
question is followed by evaluation scheme.
Q1. a. Emergency Medical
Association (EMA) is a group of 250 board- certified emergency physicians. They
are responsible for effectively managing the emergency departments. List out
what BI values and applications they should be implementing.
Answer: BI values and applications: Business intelligence (BI) is the transformation of raw data into
meaningful and useful information for business analysis purposes. BI can handle
enormous amounts of unstructured data to help identify, develop and otherwise
create new strategic business opportunities. BI allows for the easy
interpretation of volumes of data. Identifying new opportunities and implementing
an effective strategy can provide a competitive market advantage and long-term
stability.
In today's healthcare environment, organizations are swimming in
an ever-deeper pool of data yet many lack the technology to use this data as
valuable
b. Most of the credit card
companies permit a consumer to get approval for specified amounts via mobile to
ensure that the purchase is covered. This type of consumer support which
retains a customer to the bank for a longer time is real time business
intelligence. Define real time Business intelligence and the various steps
involved in the process.
Answer: Real time business intelligence:
Real-time business intelligence (RTBI) is the process of
delivering information about business operations as they occur. The speed of
today's processing systems has moved classical data warehousing into the realm
of real-time. The result is real-time business intelligence. Business
transactions as they occur are fed to a real-time business intelligence system
that maintains the current state of the enterprise. The RTBI system not only
supports the classic strategic functions of data warehousing for deriving
information and knowledge from past enterprise activity, but it also provides
real-time tactical support to drive enterprise actions that react immediately
to events as they occur. As such,
Q2. Today businesses largely rely
on the information available and can be communicated through various sources,
both internally and externally with the help of internet. Explain the role of
Business Intelligence in modern business. What are the three different types of
decision that most business organisations take?
Answer: Role of business
intelligence in modern business : Business
intelligence needs suitable analytical tools to assist in gathering
information. The business intelligence solutions should be contemplated
carefully, and the system opted for should prove to be consistent. Even if you
add new data or new systems, or bring about major changes, business
intelligence systems have to steer the company to success. Steering to
accomplishment is done by integrating the new data with the existing business
intelligence systems is one of the significant elements of this intelligence
solution. Creating or developing data warehouses consume time, money and
energy, whereas creating the data
Q.3. Data extraction is the act or the process of extracting data
out of data sources for added data processing or data storage or data
migration. This data can be extracted from the web. Explain the different
techniques for data extraction. (Listing the various techniques, Explaining the
four methods) 2,8
Ans: Listing the various techniques:
• The
Logical Extraction Methods
•
Physical Extraction Methods
•
Change Data Capture
•
Extracting data from the operational systems
Explaining the four methods :
1. Logical Extraction Methods
Q.4. Business Intelligence strategy summarizes the finest
combination of procedures and technologies to meet the business intelligence
strategies of an organization.
a. List the main aspects of BI strategy.
b. What are the steps to be followed to implement BI framework?
Ans : a) Business intelligence (BI)
continues to be the top investment priority for CIOs. An effective BI approach
can benefit your IT and line of business (LOB) teams alike.
Four aspects of BI framework:-
1. Determine information needs by business user,
business analyst, and BI analyst / designer. The purpose of BI is to provide
cross-
b. What are the steps to be followed to implement BI framework?
BI Methodology
Project Initiation: Agrees and documents the scope,
application and data landscape, executive sponsorship, project team roles &
responsibilities, high-level project timeline in a project initiation document
(PID).
Analysis: The
most challenging part of any BI
Q.5. Write short note on:
a. Content Management System
b. End User Segmentation
c. Basic Reporting and querying
d. OLAP
Ans: a) Content Management System (CMS):-
A content management system (CMS)[1][2][3] is a computer program that allows
publishing, editing and modifying content as well as maintenance from a central
interface. Such systems of content management provide procedures to manage
workflow in a collaborative environment
A content
b. End User Segmentation :
There are user types delineated by application
requirements and by
skill. If we look at the users in light of their
application requirements, we normally see
three distinct types:
• Traditional query and reporting
c. Basic Reporting and querying:
A querying and reporting tool helps to run regular
reports, create organized listings, and perform cross-tabular reporting and
querying.
The use of SQL as the basis for most querying and
reporting tools was both good and bad for data warehousing. On the
d. OLAP:
OLAP (On-line Analytical Processing) is
characterized by relatively low volume of transactions. Queries are often very
complex and involve aggregations. For OLAP systems a response time is an
effectiveness measure. OLAP applications are widely used by Data Mining
techniques. In OLAP database there is aggregated, historical data, stored in
multi-dimensional schemas (usually star schema). OLAP can be used for data
mining or the discovery of previously undiscerned relationships between data
items. An OLAP database does not need to be as large as a data warehouse, since
not all transactional data is needed for trend analysis. Using Open Database
Connectivity (ODBC), data can be imported from existing relational databases to
create a multidimensional database for OLAP.
Q6 . According to a recent IDC
report, knowledge management is in a state of high growth, especially among the
business and legal services industries. As the performance metrics of early
adopters are documenting the substantial benefits of knowledge management, more
organizations are recognizing the value of leveraging organizational knowledge.
Define Knowledge Management. Explain the various characteristics of Knowledge
management. What are knowledge assets?
Answer : Knowledge Management : Knowledge management (KM) is the process of capturing,
developing, sharing, and effectively using organisational knowledge. It refers
to a multi-disciplined approach to achieving organisational objectives by making
the best use of knowledge.
An established discipline since 1991 KM includes courses taught in
the fields of business administration, information systems, management, and
library and information sciences .More recently, other fields have started
contributing to KM research; these include information and media, computer
science, public health, and public policy. Columbia University and Kent State
University offer dedicated Master of Science degrees in Knowledge Management
Knowledge management (KM) comprises a range of strategies and
practices used in an organisation to identify, create, represent, distribute,
and
Dear students get fully solved assignments
Send your semester &
Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
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