MI0036 – BUSINESS INTELLIGENCE TOOLS

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

help.mbaassignments@gmail.com

or

call us at : 08263069601

DRIVE

SUMMER 2016

PROGRAM

MASTER OF BUSINESS ADMINISTRATION (MBA)

SEMESTER

III

SUBJECT CODE & NAME

MI0036 – BUSINESS INTELLIGENCE TOOLS

1. Explain Data, Information & Knowledge. Define the meaning of Business Intelligence (BI). Write a short note on Data Governance (DG)

a) Explanation of Data, Information & Knowledge

b) Meaning of Business Intelligence (BI)

c) Write a short note on Data Governance (DG)

Answer: a) Data is a collection of discrete objects, facts, figures, symbols, images or sound. Data is of little or no meaning if it is out of context. Let’s consider the following examples.

Example 1: Yes, No, No, Yes, No, Yes, Yes, No, No, No

Example 2:

2. Explain the various components of Data Warehouses and its goals.

a) Explanation of the various components of Data Warehouses

b) Goals of Data Warehouses

Answer: a) The various components of a data warehouse are as follows:

Data sources: It refers to any electronic source from where data is collected, such as point of sales (POS). Data

3. List and elaborate the Phases of the Business Intelligence (BI) Lifecycle

Phases of the Business Intelligence (BI) Lifecycle

Answer: Phases of the Business Intelligence (BI) Lifecycle

1.      Discover: As a first step, it is imperative to identify a business need before starting any project. The organisation then evaluates the significance of the business need and ensures that it aligns with the

4. Write short note on the types of approaches for Development of Business Intelligence Solutions and Differentiate between Waterfall & Agile Approach

a) Short note on the types of approaches for Development of Business Intelligence Solutions

b) Difference between Waterfall & Agile Approach

Answer: a) Approaches for Development of Business Intelligence

The waterfall approach

In the waterfall approach, software development is viewed as a sequential process, in which the development

5. Elaborate on the Business Intelligence (BI) applications in Finance

Business Intelligence (BI) applications in Finance

Answer: BI Applications in Finance

Understanding how BI can be harnessed and applied to the finance sector is beneficial for both investors and financial institutions. A recent report of financial institutions states that many financial institutions of US and other countries can get benefit by implementing a BI solution. “Financial institutions want to use customer-level data on channel activity, product holdings, and

6. Write Short notes on

a) Business Sponsors

b) Business Intelligence (BI) Project Planning

c) Silver Bullet Syndrome

Answer: a) Business sponsors

Strong business sponsors believe in the BI project’s value and remove the obstacles to champion it. A BI project requires support from a committed business sponsor within an organisation. It generally fails to find that support. Business sponsors create suitable

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

help.mbaassignments@gmail.com

or

call us at : 08263069601