C175 - Business Intelligence Questions and Answers with Verified Solutions, Exams of Business Accounting

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Business intelligence - /V describes a comprehensive, cohesive, and integrated set of tools and processes used to capture, collect, integrate, store, and analyze data with the purpose of generating and presenting information to support business decision making. B | - is a framework that allows a business to transform data into information, information into knowledge, and knowledge into wisdom. - / VB | - is not a product by itself, but a framework of concepts, practices, tools, and technologies that help a business better understand its core capabilities, provide snapshots of the company situation, and identify key opportunities to create competitive advantage. ETL- VV extraction, transformation, and loading ETL tools - /V collect, filter, integrate, and aggregate internal and external data to be saved into a data store optimized for decision support. Internal data is generated by the company during its day-to-day operations, such as product sales history, invoicing, and payments. - / external data sources provide data that cannot be found within the company but is relevant to the business, such as stock prices, market indicators, marketing information (such as demographics), and competitors’ data.