Business Intelligence Exam 2

what are the objectives of AI

- make machines smarter (primary goal) - understand what intelligence is - make machines more intelligent and useful

what are performance dashboards?

dashboards and scorecards both provide visual displays of important information that is consolidated and arranged on a single screen so that information can be digested at a single glance and easily explored

what is a patent?

exclusive rights granted by a country to an investor for a limited period of time in exchange for a disclosure of an invention

what is prototyping

in system development, a strategy in which a scaled-down system or portion of a system is constructed in a short time, tested, and improved in several iterations

what are the four sources for the gap between strategy and execution?

1. communication (enterprise wide) 2. alignment of rewards and incentives 3. focus (concentrating on the core elements) 4. resources

what is collaboration and give an example

collaboration is making a joint effort toward achieving an agreed upon goal. a meeting is a common form of collaboration

what is the test for intelligence and what is it

Turing Test for Intelligence : a computer can be considered to be smart only when a human interviewer, "conversing" with both an unseen human and unseen computer, can't determine which is which

what is a key performance indicator and give the distinguishing features of KPIs

a KPI represents a strategic objective and metrics that measures performance against a goal. Distinguishing features: strategy, targets, ranges, encodings, time frames, benchmarks

what is an expert system

a computer program that attempts to imitate expert's reasoning processes and knowledge in solving specific problems. It is the most popular applied AI technology, ehances productivity and augment work forces, works best with narrow problem areas/tasks, they do not replace experts bu they make their knowledge and experience more widely available and thus permit non-experts to work better

what is a balanced scorecard?

a performance measurement and management methodology that helps translate an organizations financial, customer, internal process, and learning and growth objectives and targets into a set of actionable initiatives

what is cloud computing

a style of computing in which dynamically scalable and often virtualized resources are provided over the internet. users need not have knowledge of, experience in, or control over the technology infrastructures in the cloud that supports them. related terms: utility computing, application service provider grid computing, on demand computing, software as a service. cloud = internet

what is performance measurement system

a system that assists managers in tracking the implementations of business strategy by comparing actual results against strategic goals and objectives. Comprises systematic comparative methods that indicate progress (or lack thereof) against goals

what is artificial intelligence and its definitions

artificial intelligence is a subfield of computer science, concerned with symbolic reasoning and problem solving. it is a behavior by a machine that, if performed by a human being, would be considered intelligent. it is a study of how to make computers d things at which, at the moment, people are better. it is a theory of how the human mind works

what makes up ineffective collaboration?

waiting to speak, domination, fear of speaking, misunderstanding, inattention, wrong people, poor planning, conflict, hidden agendas, ignored alternatives, poorly defined goals, poor grasp of problem, inadequate criteria, premature decisions, missing information, lack of consensus