Business intelligence equips enterprises to gain business advantage from dataQuestion 30Answera.FALSEb.Can not sayc.TRUEd.Can be true or false

Step 1: Break Down the Problem

The statement is about whether business intelligence provides an advantage to enterprises through the use of data. We need to evaluate this statement in terms of its truthfulness based on the role of business intelligence in decision-making and strategy formulation.

Step 2: Relevant Concepts

Business intelligence (BI) refers to technologies, applications, and practices for the collection, integration, analysis, and presentation of business information. The primary goal of BI is to support better business decision-making. Thus, if BI enables organizations to utilize data effectively to gain insights, improve efficiency, and gain competitive advantages, the statement can be considered true.

Step 3: Analysis and Detail

1. Definition of Business Intelligence: BI systems convert data into actionable information, which is crucial for strategic planning.
2. Examples of Advantages: Companies often use BI for reporting, performance metrics, and decision support. This practice leads to improved efficiency and competitiveness.
3. General Consensus: It is widely accepted in the business community that effective use of data through BI leads to enhanced decision-making capabilities.

Step 4: Verify and Summarize

Given the analysis and understanding of BI’s purpose and function, we can summarize that BI does, in fact, allow businesses to leverage data for strategic advantages.

Final Answer

c. TRUE