Bobby Burns,CEO of Maudlin Motors,walked into the office of Tom Sanchez,chief information officer."Tom," he said."We need some way of improving our overall performance.I'm thinking that if all top managers could perform queries on data from the past few years in order to draw conclusions about our strategic direction for the future,we would be on our way." Tom should recommend that Maudlin Motors
A)implement a data mining operation.
B)set up an object linking and embedding function.
C)use online analytical processing (OLAP.)
D)implement balanced scorecard reorting.

Question

Quizplus · Accepted Answer

Online analytical processing (OLAP) is a technology that enables managers to retrieve and analyze data in a multidimensional way. OLAP is often used for business intelligence and data mining activities. By allowing top managers to perform queries on data from the past few years, Maudlin Motors can gain insights into strategic directions for the future. OLAP can help Maudlin Motors to achieve this by allowing users to analyze data from various perspectives, such as time period, product line, and region.

Bobby Burns,CEO of Maudlin Motors,walked into the Office of Tom