Reference no: EM131137627
Assignment: 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.
Make assumptions based on company history where required. Utilize at least 2 scholarly sources in support of your assertions.
Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in appropriate and accurate representation and attribution of sources; display accurate spelling, grammar, and punctuation.
Write a 3-4-page paper in Word format. Apply APA standards to citation of sources.
|
Prepare the contract account
: Required: Charge indirect expenses at 15% on wages. Provide kshs. 10000 for depreciation on plant and prepare the contract account
|
|
Examine competitive firm that you recently purchased product
: Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how the firm operates relative to the characteristics of the market.
|
|
Consider a binomial distribution with 15 identical trials
: 1. Determine whether each of the distributions given below represents a probability distribution. Justify your answer. 2. Consider a binomial distribution with 15 identical trials, and a probability of success of 0.5
|
|
Public corporations with subsidiaries throughout the world
: Both Berkley and Oakley are large public corporations with subsidiaries throughout the world. Berkley uses a centralized approach and makes most of the decisions for its subsidiaries. Oakley uses a decentralized approach and its subsidiaries make man..
|
|
Describe the challenges the company may have faced
: 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.
|
|
The p-value corresponding to the observed value
: Sample surveys conducted in a large county in a certain year and again 20 years later showed that originally the average height of 400 ten-year-old boys was 53.8 inches with a standard deviation of 2.4 inches, whereas 20 years later the average he..
|
|
Define the concept of work uncertified
: Define the concept of work uncertified as portrayed in Management Accounting
|
|
Small neighborhood restaurant is staffed by hostess
: A small neighborhood restaurant is staffed by a hostess, five wait staff and four cooks. The hostess seats the guests and hands out the menu which takes 3 minutes. What is the bottleneck activity and what is the capacity of the process? If an average..
|
|
Which armed conflict can contribute to developing economy
: Discuss substantive ways in which armed conflict can contribute to or distract a developing economy and infrastructure. Analyze specific reasons why developed nations do not experience the same kinds of social upheaval.
|