Assignment on benefits of business analytics

Assignment Help Operation Management
Reference no: EM13730104

Assignment on Benefits of Business Analytics

Business analytics can provide a significant benefit to organizations. If the organization utilizes business analytics and analyzes the data correctly, they will be able to make informed decisions that will benefit the organization in many ways. They could use it to make decisions to address not only short-term company goals but also long-term strategic planning.

Using the Argosy University online library resources and the Internet, research two businesses within the same industry; one that utilizes business analytics and one that does not. Select at least 2 scholarly sources for use in this assignment.
Respond to the following questions:

Compare and contrast the two companies in terms of their use of business analytics to improve their position in the industry. You may select an organization you currently work for or one that you worked for in the past.

Provide your rationale as to whether or not the use of data analytics has helped the company accomplish its goals.

Describe the challenges the company may have faced by choosing to utilize business analytics that the other company did not face.

Reference no: EM13730104

Questions Cloud

Evaluate the effectiveness of the training : Evaluation: How might you evaluate the effectiveness of the training? Also, how might you reinforce and sustain the training? Note: Include an explanation of how these programs might contribute to maintaining a high performance organization.
What is an important challenge facing management : Reflecting on the focus and content of this course, what is an important challenge facing management of organizations today and how would you go about addressing it? Explain
The perfectly competitive market : In the perfectly competitive market, a firm's marginal revenue is equal - is the same as the whole market demand curve.
Compare and contrast main causes of small business failur : Compare and contrast the two main causes of small business failure. Discuss how these small business failures can be avoided
Assignment on benefits of business analytics : Provide your rationale as to whether or not the use of data analytics has helped the company accomplish its goals. Describe the challenges the company may have faced by choosing to utilize business analytics that the other company did not face.
Incentive plans paper : Prepare a 1,500-word paper examining how your organization's incentive plans relate to organizational objectives. Evaluate how the incentives plans do, or do not, help the organization to achieve its goals and objectives.
Elements of affirmative action : Prepare a 750- to 1,050-word paper in which you describe the elements of affirmative action as it applies to private sector employers and how it interacts with Title VII requirements of Equal Employment Opportunity. Your paper must address, but is..
Determine the scope of the district 4 production warehouse : Determine the scope of the District 4 Production Warehouse Move project from the information provided in the case. Using the Project Scope Checklist, prepare a scope document for review and approval by the project sponsor prior to starting the pro..
Basic phases of the project lifecycle : What is a project? What are the basic phases of the project lifecycle and their purposes? Why is it important for organizations to use project management to accomplish tasks?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

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