Question 1

Match the analytical capabilities maturity level with the question it seeks to answer.

Accepted Answer

The answer of Match the analytical capabilities maturity level with...

Question 2

How can a company use social analytic tools to further their mission?

Accepted Answer

The answer of How can a company use social analytic...

Question 3

This is the term used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis.

Accepted Answer

A)   Data warehouse
B)   Database
C)   Big data
D)   Data analytics
E)   Business intelligenceF) B) and E)
G) C) and D)

Question 4

Match the level of analytical capability to its maturity level.Level 1 is the lowest level of maturity and Level 5 is the highest level of maturity.

Accepted Answer

The answer of Match the level of analytical capability to...

Question 5

IT is traditionally focused on _________________________.

Accepted Answer

A)   data
B)   tacit knowledge
C)   implicit knowledge
D)   explicit knowledge
E)   informationF) A) and E)
G) A) and B)

Question 6

There are different types of knowledge.Match the awareness with the level of knowledge it represents.

Accepted Answer

The answer of There are different types of knowledge.Match the...

Question 7

All of the following are common elements of a BI system EXCEPT for:?

Accepted Answer

A)   Reporting
B)   Dashboards
C)   Querying
D)   Supply chain management
E)   ScorecardsF) All of the above
G) A) and E)

Question 8

An organization's only sustainable competitive advantage lies in:

Accepted Answer

A)   The data warehouse.
B)   The creation of unrealistic expectations.
C)   The employees' knowledge and how they apply that knowledge to business problems.
D)   The use of business intelligence.
E)   The business processes.F) B) and D)
G) B) and E)

Question 9

Data is more important than knowledge.

Accepted Answer

A) True 
 B)False

Question 10

Match the business analytic tool with the question it sets out to answer.

Accepted Answer

The answer of Match the business analytic tool with the...

Question 11

By utilizing business analytics,a company can learn which one of the following?

Accepted Answer

A)   Which products are moving slowly versus which products are moving quickly
B)   Which products have been sold in the past 3 months
C)   Who is buying the product and what price they're willing to pay
D)   Where each product sits (warehouse, store or factory location) 
E)   The suppliers who contributed to the manufacturing of the productF) C) and E)
G) A) and E)

Question 12

Match the activity with the knowledge management process it represents.

Accepted Answer

The answer of Match the activity with the knowledge management...

Question 13

Knowledge management is the process that generates,captures,codifies and __________ knowledge across an organization in order to achieve a competitive advantage.

Accepted Answer

A)   Analyzes
B)   Transfers
C)   Applies
D)   Limits
E)   SavesF) B) and D)
G) C) and E)

Question 14

This allows individuals to own their creativity and innovation in a way similar to owning physical property.

Accepted Answer

A)   Intellectual property
B)   Open source license agreement
C)   Economies of scale
D)   Intellectual capital
E)   PatentsF) A) and B)
G) A) and C)

Question 15

How has Web 2.0 changed the knowledge management process? Give specific examples.

Accepted Answer

The answer of How has Web 2.0 changed the knowledge...

Question 16

The four main types of intellectual property are all of the following EXCEPT:

Accepted Answer

A)   Patent
B)   Trademarks
C)   Designs
D)   Data warehouse
E)   CopyrightsF) A) and B)
G) A) and C)

Question 17

Tacit knowledge is easy to formalize.

Accepted Answer

A) True 
 B)False

Question 18

________________ is the process of analyzing data warehouses for "gems".

Accepted Answer

A)   Data combing
B)   Data translation
C)   Data mining
D)   Data searching
E)   Data manipulationF) A) and E)
G) A) and D)

Question 19

This next generation of business intelligence is more proactive,dynamic and allows for instant,real-time querying of dat
a.

Accepted Answer

BI 2.0 or ...

Question 20

Unlike other baseball teams at the time,the Oakland A's used this to manage the team and carry themselves to the playoffs.

Accepted Answer

A)   Players with lots of determination
B)   Young players with the willingness to play
C)   Factual data
D)   High player salaries
E)   High batting averagesF) D) and E)
G) C) and E)

Exam 11: Business Analytics and Knowledge Management

How can a company use social analytic tools to further their mission?

Correct AnswerverifiedShow Answer

Match the business analytic tool with the question it sets out to answer.

Correct AnswerverifiedShow Answer

Match the level of analytical capability to its maturity level.Level 1 is the lowest level of maturity and Level 5 is the highest level of maturity.

Correct AnswerverifiedShow Answer

All of the following are common elements of a BI system EXCEPT for:?

Correct AnswerverifiedShow Answer

Match the activity with the knowledge management process it represents.

Correct AnswerverifiedShow Answer

An organization's only sustainable competitive advantage lies in:

Correct AnswerverifiedShow Answer

The four main types of intellectual property are all of the following EXCEPT:

Correct AnswerverifiedShow Answer

Match the analytical capabilities maturity level with the question it seeks to answer.

Correct AnswerverifiedShow Answer

________________ is the process of analyzing data warehouses for "gems".

Correct AnswerverifiedShow Answer

This allows individuals to own their creativity and innovation in a way similar to owning physical property.

Correct AnswerverifiedShow Answer

There are different types of knowledge.Match the awareness with the level of knowledge it represents.

Correct AnswerverifiedShow Answer

How has Web 2.0 changed the knowledge management process? Give specific examples.

Correct AnswerverifiedShow Answer

Tacit knowledge is easy to formalize.

Correct AnswerverifiedShow Answer

Unlike other baseball teams at the time,the Oakland A's used this to manage the team and carry themselves to the playoffs.

Correct AnswerverifiedShow Answer

By utilizing business analytics,a company can learn which one of the following?

Correct AnswerverifiedShow Answer

Data is more important than knowledge.

Correct AnswerverifiedShow Answer

This is the term used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis.

Correct AnswerverifiedShow Answer

This next generation of business intelligence is more proactive,dynamic and allows for instant,real-time querying of dat a.

Correct AnswerverifiedBI 2.0 or ...View AnswerShow Answer

Knowledge management is the process that generates,captures,codifies and __________ knowledge across an organization in order to achieve a competitive advantage.

Correct AnswerverifiedShow Answer

IT is traditionally focused on _________________________.

Correct AnswerverifiedShow Answer

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BI 2.0 or ...
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