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Business
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Management Information Systems
Quiz 5: Foundations of Business Intelligence: Databases and Information Management
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Question 81
Essay
What are the differences between data mining and OLAP? When would you advise a company to use OLAP?
Question 82
Essay
Identify and describe the three basic operations used to extract useful sets of data from a relational database?
Question 83
Essay
Describe the ways in which database technologies could be used by an office stationery supply company to achieve low-cost leadership.
Question 84
Essay
A small publishing house that you work for would like to develop a database that keeps track of the contracts that authors and publishers sign before starting a book.What fields do you anticipate needing for this database? Identify at least seven fields.Which of these fields might be in use in other databases within the firm?
Question 85
Essay
List at least two ways that a business's data can become redundant or inconsistent.
Question 86
Essay
What makes data mining an important business tool? What types of information does data mining produce? In what type of circumstance would you advise a company to use data mining?