Define a data warehouse and provide a few reasons it can make a manager more effective.

What will be an ideal response?


A data warehouse is a logical collection of information, gathered from many different operational databases, that supports business analysis and decision making. The primary value of a data warehouse is the combination of information, more specifically, strategic information, throughout an organization into a single repository in such a way that the people who need that information can make decisions and undertake business analysis.

Business

You might also like to view...

Which of the following statements is true of common goals?

A. Common goals give both members of a strategic partnership a strong incentive to pool their resources. B. Common goals are important for the establishment of a strategic partnership. C. Common goals help sustain a strategic partnership when the expected benefits are not realized. D. Common goals allow partners in a strategic relationship to focus on opportunities rather than arguing about how profits are divided between them. E. All of these

Business

Some companies achieve benefits by hundreds of millions of dollars by a pension termination

Indicate whether the statement is true or false

Business

For an item to be treated as extraordinary, it must be unusual in nature and occur infrequently

Indicate whether the statement is true or false

Business

CVP analysis can also be applied by a company selling multiple products

Indicate whether the statement is true or false

Business