BA 04 - CIA REVIEW - BUSINESS ACUMEN - BUSINESS INTELLIGENCE
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9 Terms
Business Intelligence (BI)
The process of collecting and analyzing internal and external data to provide insights for business development and growth.
Data Mining
The practice of analyzing large datasets to discover patterns and extract valuable information using techniques like artificial intelligence and statistics.
Reporting Software
Tools used to report, organize, filter, and display data for better understanding and decision-making.
Data Visualization Software
Software that converts datasets into graphical representations to facilitate quick insights.
Online Analytical Processing (OLAP)
Tools that allow users to analyze datasets from various perspectives based on different business criteria.
Bar Chart
A data visualization tool commonly used to compare two or more items.
Gantt Chart
A graphical illustration of a scheduling technique that shows project activities over time.
Pie Chart
A visualization tool that represents the total of two or more items as a percentage of the whole.
Line Chart
A chart used to represent trends between two or more items over time, showing the movement of variables.