1.8. REVIEW QUESTIONS
What do we mean by strategic information? For a commercial bank, name five types of strategic objectives.
Do you agree that a typical retail store collects huge volumes of data through its operational systems? Name three types of transaction data likely to be collected by a retail store in large volumes during its daily operations.
Examine the opportunities that can be provided by strategic information for a medical center. Can you list five such opportunities?
Why were all the past attempts by IT to provide strategic information failures? List three concrete reasons and explain.
Describe five differences between operational systems and informational systems.
Why are operational systems not suitable for providing strategic information? Give three specific reasons and explain.
Name six characteristics of the computing environment needed to provide strategic information.
What types of processing take place in a data warehouse? Describe.
A data warehouse in an environment, not a product. Discuss.
Data warehousing is the only viable means to resolve the information crisis and to provide strategic information. List four reasons to support this assertion and explain them.
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