____ system is market oriented and is used for data analysis by knowledge…

2015

____ system is market oriented and is used for data analysis by knowledge workers including Managers, Executives and Analysts.

  1. A.

    OLTP

  2. B.

    OLAP

  3. C.

    Data System

  4. D.

    Market System

Attempted by 125 students.

Show answer & explanation

Correct answer: B

Answer: OLAP (Online Analytical Processing) is the correct choice.

Why OLAP is correct:

  • OLAP systems are designed for complex queries, aggregation, and multidimensional analysis.

  • They support decision-making and data analysis by knowledge workers such as managers, executives, and analysts.

  • OLAP is optimized for read-heavy, market-oriented analytical workloads (aggregations, trend analysis, slicing and dicing data).

Why the other choices are incorrect:

  • OLTP: Focuses on transactional processing (fast inserts/updates/deletes) for operational systems, not on analytical, market-oriented reporting.

  • Data System: A generic term that does not specifically denote an analytical processing system for managers and analysts.

  • Market System: Refers to economic or trading systems and is not the standard technical term for analytical data platforms; it does not describe the OLAP function.

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