adplus-dvertising
frame-decoration

Question

Which area of analysis helps organizations improve their understanding of customer behaviors, optimize business processes, and anticipate problems and opportunities?

a.

Multidimensional Analysis

b.

Data Integration

c.

Predictive Analytics

d.

Agent Technology

Answer: (c).Predictive Analytics Explanation:Predictive analytics helps organizations improve their understanding of customer behaviors, optimize business processes, and anticipate problems and opportunities.

Engage with the Community - Add Your Comment

Confused About the Answer? Ask for Details Here.

Know the Explanation? Add it Here.

Q. Which area of analysis helps organizations improve their understanding of customer behaviors, optimize business processes, and anticipate problems and opportunities?

Similar Questions

Discover Related MCQs

Q. What is the function of software agents in a data warehouse environment?

Q. How can software agents benefit the analysis process in a data warehouse?

Q. What is the essence of agent technology in a data warehouse environment?

Q. What is the source of syndicated data that can enhance the value of a data warehouse?

Q. What are some examples of syndicated data types that newer data warehouses are incorporating?

Q. Why are many businesses adopting ERP (enterprise resource planning) applications?

Q. What is a remarkable feature of ERP packages?

Q. How are data stored within ERP packages typically accessed?

Q. What was the initial promise of ERP (enterprise resource planning) solutions in the 1990s?

Q. What was one of the key shortcomings of the initial ERP data repositories for decision-making purposes?

Q. How did companies typically integrate ERP and data warehousing initiatives?

Q. What does knowledge management (KM) complete in the process of empowering users with information?

Q. Where does corporate knowledge primarily exist?

Q. In the context of a knowledge management system's knowledge repository, what is its primary function?

Q. How can knowledge stored in an unstructured format complement the information retrieved from a data warehouse?

Q. What trend in customer service has prompted companies to embrace customer relationship management (CRM) systems?

Q. What is a key requirement for making a data warehouse CRM-ready?

Q. What is the primary advantage of using atomic or detailed data in a CRM-ready data warehouse?

Q. What additional functions must be enhanced to make a data warehouse CRM-ready?

Q. What was the primary problem encountered by organizations while using traditional methods of software development in the 1990s?