Business intelligence is a series of methodologies that puts this data to work, helping businesses become more
Question:
Business intelligence is a series of methodologies that puts this data to work, helping businesses become more effective and increase profits. By using these methodologies and specific software analytics, savvy business executives can harness the power of raw data and leverage it to support strategic planning that can help an organization move ahead of the competition.
(i.) Every application needs a database to store the data it uses and generates, and every database is based on a schema, which is an abstract design that represents the way data is stored. A database schema represents the logical configuration of all or part of a relational database. It can exist both as a visual representation and as a set of formulas known as integrity constraints that govern a database for a data warehouse. Developers need to plan their database schema specifically for each application in advance, so they can understand what components are necessary and how they will connect to each other.
a. In your opinion, name the data representation scheme shows in Figure 1 and Figure 2. (C2)
Figure 1:
Figure 2:
b. Discuss in detail the three comparisons for both schemes. (C4)
Table 1: Comparisons Table
Figure 1: | Figure 2: |
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(ii.) The evolving capabilities of business intelligence platforms will continue to play an integral role in automation in 2023, and companies will be able to achieve hyper-automation mode for several operational requirements. In Explain in detail the major component includes in Business Intelligence architecture? [C5]
Answer text Question 11
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International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr