This document provides information about an assignment for an MBA course on Business Intelligence Tools. It includes 5 questions about key topics in business intelligence, including defining data, information and knowledge; explaining the components of a data warehouse; listing the phases of the BI lifecycle; describing approaches to developing BI solutions; and elaborating on BI applications in finance. Students are instructed to answer all questions, with answers to 10-mark questions being approximately 400 words. They are provided contact information to obtain fully solved assignments.

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ASSIGNMENT
DRIVE WINTER 2016
PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER III
SUBJECT CODE & NAME MI0036 – BUSINESS INTELLIGENCE TOOLS
BK ID B2043
CREDITS 4
MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Question.1. Explain Data, Information & Knowledge. Define the
meaning of Business Intelligence (BI).
Answer:BusinessIntelligence (BI) are the set of strategies, processes, applications, data, products,
technologies and technical architectures which are used to support the collection, analysis,
presentationanddisseminationof businessinformation. BI technologies provide historical, current
and predictive viewsof businessoperations.Commonfunctionsof businessintelligencetechnologies
are reporting, online analytical processing, analytics, data mining, process mining, complex event
processing,businessperformance management,benchmarking,textmining,predictive analyticsand
prescriptive analytics and are capable of handling
Question.2. Explain the various components of Data Warehouses
and its goals.
Answer:The data warehouse architecture is based on a relational database management system
server that functions as the central repository for informational data. Operational data and
processing is completely separated from data warehouse processing. This central information
repositoryissurroundedbyanumberof keycomponentsdesignedtomake the entire environment
functional, manageable and accessible by both the

2. Question.3. List and elaborate the Phases of the Business
Intelligence (BI) Lifecycle
Answer:It’snosecretthat BusinessIntelligence*(BI) projectsare bothtime consumingandresource
intensive, often suffer from poor communication between the business and IT, and are usually
inflexible to changes once development has started. This is due, in large part, to the method by
whichBI projectsare traditionallyimplemented.Regardlessof the methodology you employ, at the
very least, a successful BI iteration requires:
Business requirements identification
Question.4. Write short note on the types of approaches for
Development of Business Intelligence Solutionsand Differentiate
between Waterfall & Agile Approach
Answer:In the early nineties, Bill Inman introduced applicable ways of aligning data and business
reporting towards end-user needs. His concept was called Data Warehousing and the information
technologycommunityquicklyadoptedhistheories.New terms such as “star schema,” “metadata,”
and “data cleansing and transformation” were being used as components of this fresh approach.
Many Fortune 1,000 companies and large institutions funded large initiatives to build new
repositories of data using technologies from Oracle, Microsoft, IBMCognos, Business Objects, and
others. Companies quickly leapt into the field with few skills
Question.5. Elaborate on the Business Intelligence (BI) applications
in Finance
Answer:Technologyistransformingthe bankingandfinance industry.Thankstothe Internetandthe
proliferationof mobiledevices and apps, today’s financial institutions face mounting competition,
changing client demands, and the need for strict control and risk management in a highly dynamic
market.
b) Business Intelligence (BI) Project Planning
Answer:Business intelligence (BI) projects are not like other projects with a finite and static set of
requirementsfromone businesspersonorone department.Instead,the purpose of anintegratedBI
decision-supportenvironmentistoprovide cross-organizational business analysis capabilities to all
business people and all departments in the organization. That
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com

3. or
call us at : 08263069601