Reference no: EM131370412
Assignment
In this highly competitive business environment, businesses are constantly seeking ways to gain traction and understand what is on the minds of current customers and potential customers in order to increase business efficiency. Many companies have turned to business intelligence (BI) and data analytics.
Use the Internet or Strayer Library to research articles on data analytics. Select one industry or one company that is currently using data analytics. Use the industry / company you have selected as the basis for your written paper.
Write a four to six page paper in which you:
1. Define data analytics in general and provide a brief overview of the evolution of utilizing data analytics in business.
2. Analyze the main advantages and disadvantages of using data analytics within the industry or company that you have chosen.
3. Determine the fundamental obstacles or challenges that business management in general must overcome in order to implement data analytics. Next, suggest a strategy that business management could use to overcome the obstacles or challenges in question. Provide a rationale for your response.
4. Analyze the overall manner in which data analytics transformed the industry or company you selected with regard to customer responsiveness and satisfaction.
5. Speculate on the trend of using data analytics for the chosen industry or company in the next ten years. Next, determine at least one additional type of data that one could collect by using data analytics. Provide a rationale for your response.
6. Use at least three quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
|
Human resources class-training-development
: Use the Department of Labor's Employment and Training Administration website and find the area on Registered Apprenticeship. Explore the Employers section.
|
|
Discuss about the effects of war and peace on foreign aid
: SOC 300:Assess the positive and negative effects that peace and war, respectively, have on the distribution of foreign aid in the developing country that you have selected. Support your response with concrete examples of each of the results that y..
|
|
Explain hypothesize the changes that require improvement
: Assess the current Human Resource programs, policies, procedures, or initiatives in terms of effectiveness. Explain Hypothesize the changes that require improvement.
|
|
Restrain bargaining rights for public employees
: 1. Do you agree or disagree with Governor Walker' s move to restrain bargaining rights for public employees? Explain. 2. Based on the labor relations objectives discussed in chapter one (efficiency, equity and voice), what impact does Governor Walk..
|
|
Analyze advantages and disadvantages of using data analytics
: Analyze the main advantages and disadvantages of using data analytics within the industry or company that you have chosen.
|
|
Discuss about the status of project proposal
: Use this discussion thread as an open forum. If you have specific questions or concerns about the capstone approach, process, or results, post them here. Your fellow learners will review and respond to your questions with suggestions based on thei..
|
|
Large convention of building contractors
: The registration area has just opened at large convention of building contractors in New York. There are 600 people arriving per hour (exponential interarrival times), and their cost of waiting in queue is valued at $40 per person per hour.
|
|
Dynamics of domestic violence in the cases presented
: What are some of the characteristics of the abusers who are discussed?- What were some of the dynamics of domestic violence in the cases presented?
|
|
Determine the price that current designs would charge
: As a service to its customers, Current Designs repairs damaged kayaks. This is especially valuable to customers that have made a significant investment in the composite kayaks. Instructions: Determine the price that Current Designs would charge to ..
|