User Account

All Pages

Analytics plays in modern business environment

Assignment Help Business Management
Reference no: EM132858197

Explain the role that analytics plays in the modern business environment. Consider the following questions and respond in a minimum of 175 words:

How is data analytics different from statistics?

Analytics tools fall into 3 categories:descriptive, predictive, and prescriptive. What are the main differences among these categories?

Explain how businesses use analytics to convert raw operational data into actionable information. Provide at least 1 example.

Consider the organization you work for (or another organization you're familiar with). Does this organization use data analytics?If so, how is it used? If not, how could the organization use data analytics to improve its performance?

Reference no: EM132858197

Questions Cloud

What does the tallest bar on a histogram tell you : Let's say you had two histograms, one was very wide and spread out and the other was very narrow with a very tall peak.
Contradictory pressures on managerial job performance : Post three or more real life examples of "contradictory pressures" on managerial job performance.
Calculate the times interest earned ratio : Sales are $1.44 million, cost of goods sold is $570,000, depreciation expense is $144,000, calculate the times interest earned ratio
Examine a number of environmental impacts : Examine a number of environmental impacts that tend to affect varied locations to different extents, and it is likely that one or more issues are relevant
Analytics plays in modern business environment : Explain the role that analytics plays in the modern business environment. How is data analytics different from statistics?
How many years will it take to exhaust your fund : You want to withdraw $35,000 at the end of each year, beginning at the end of this year. How many years will it take to exhaust your fund
Compute current year depreciation expense : Jones Corporation has the following information pertaining to the current year: Compute current year depreciation expense
Evaluates the cost of health care workforce : Write a article that evaluates cost of health care workforce. Evaluate current industry solutions or remediation activities to address the identified labor cost
Compute the recovery time for both : A bank will make a $102,000 loan to the company at a 15% interest rate for this equipment's purchase. Compute the recovery time for both

Reviews

Write a Review

Business Management Questions & Answers

  What are three different advertising techniques

What are three different advertising techniques that sponsors use to encourage you to buy a product? Describe each technique.

  To what does the term business ethics refer

Identify and describe the 3 theories of globalization. To what does the term business ethics refer? Identify and explain the five steps in the ethical decision making framework?

  Describe strategy at the end of the simulation

How did you adapt (change) your strategy when you received unexpected results?

  Different types of product-market strategies

In the article, the author discussed four (4) different types of product-market strategies: Market penetration, Market development, Product development

  Countries that have a specialization of production

Any examples where American businesses are engaged in a global joint venture with countries that have a specialization of production?

  Competition and denigrate collective bargaining in all forms

In business, it is customary to praise individualistic competition and denigrate collective bargaining in all forms.

  Oblique view that has a dop vector

Consider the oblique view that has a DOP vector of (0.1, -0.1, 0.9). If the viewing projection is on the XY plane, where is the projected triangle?

  Physical goods are different from pure services

Marketing. Response of 300 words. Discuss several ways in which physical goods are different from pure services. Provide examples/research to back up your post.

  Federal appeals court overrules fcc on indenency

Although the First Amendment generally prevents the U.S. government from engaging in censorship, an exception exists for broadcast radio and television. Unlike cable and satellite programming, which requires viewers and listeners to "opt in" with ..

  Describe the core and actual and augmented levels of product

Describe the core, actual, and augmented levels of product associated with an automobile. What level does the mobile Wi-Fi system represent? Explain.

  Continually improve the environmental performance

Continually improve the environmental performance and environmental management systems exercising due diligence,

  What are the three major types of economic systems

What are the three major types of economic systems? What are the effects of economic systems on how organizations are structured in societies?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd