SMU MBA SEM 3 – MI0036 – BUSINESS INTELLIGENCE TOOLS SUMMER 2016

SMU MBA SUMMER 2016-2017

Dear Students,

SMU MBA SUMMER 2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

 

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)
  2. a) Explanation of Data, Information & Knowledge
  3. b) Meaning of Business Intelligence (BI)
  4. 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:

 

  1. Explain the various components of Data Warehouses and its goals.
  2. a) Explanation of the various components of Data Warehouses
  3. 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

 

 

  1. 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

 

 

 

 

  1. Write short note on the types of approaches for Development of Business Intelligence Solutions and Differentiate between Waterfall & Agile Approach
  2. a) Short note on the types of approaches for Development of Business Intelligence Solutions
  3. 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

 

  1. 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

 

  1. Write Short notes on
  2. a) Business Sponsors
  3. b) Business Intelligence (BI) Project Planning
  4. 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

 

SMU MBA SUMMER 2016-2017

Dear Students,

SMU MBA SUMMER 2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”