Question: How do BI and business analytics support decision making? Define and describe business intelligence and business analytics. List and describe the elements of

How do BI and business analytics support decision making?

• Define and describe business intelligence and business analytics.

• List and describe the elements of a BI environment.

• List and describe the analytic functionalities BI systems provide.

• Define predictive analytics and location analytics and give two examples of each.

• List each of the types of BI users and describe the kinds of systems that provide decision support for each type of user.

• Describe Big Data analytics and provide 2 examples.

• Define and describe the balanced scorecard method and business performance management.

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