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Which of the following is a purpose of a business intelligence system?

a) Minimizing data collection and analysis.
b) Ignoring competitive market trends.
c) Providing real-time information for decision-making.
d) Avoiding technological advancements.

1 Answer

3 votes

Final answer:

The correct answer is c) providing real-time information for decision-making. Business intelligence systems are key to informed decision-making. They focus on data analysis, competitive trends, and using technology to support business goals.

Step-by-step explanation:

The purpose of a business intelligence system is to help organizations in making informed decisions. None of the choices a), b), or d) reflect the true aims of business intelligence. However, choice c) providing real-time information for decision-making is indeed one of the main purposes of a business intelligence system.

Business intelligence systems are designed for data collection and analysis, monitoring competitive market trends, as well as embracing technological advancements to improve efficiency and accuracy in the decision-making process.

These systems ensure that decision-makers can gather information from various sources, including customers and stakeholders, find expert information, and perform root cause analysis to truly understand and resolve issues facing the business.

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