The senior executives of a multinational company just received the quarterly financial report of their company broken down by country; each country was broken down further by region.The data collected was aggregated and presented in an efficient manner.What type of tool was used to generate this report?
A)data mining
B)online analytical processing
C)object-oriented data analysis
D)virtual analytical methods

Question

Quizplus · Accepted Answer

The report was broken down by country and region, which suggests that it involved analyzing and manipulating large volumes of data. Online analytical processing (OLAP) is a tool used to analyze multidimensional data from multiple sources, which would be suitable for generating such a report. Data mining involves discovering patterns and relationships in data that may not be immediately obvious, object-oriented data analysis is a method of software design, and virtual analytical methods are not a recognized tool or process.

The Senior Executives of a Multinational Company Just Received the Quarterly