Description of lasa

Assignment Help Finance Basics
Reference no: EM13821862

In learning about BA, you have covered quite a few topics from the manager's decision-making process to technology integration. The best way to pull all of this knowledge together is to create a BA implementation plan for a hypothetical organization. This is something you would do in a real-life scenario if you came across an organization that does not utilize BA; as a professional, you would create the plan and then present it to management.

Description of LASA

In this assignment, you will create a business analytics implementation plan. The plan will consist of explaining business analytics to management, addressing the advantages and disadvantages of business analytics, the challenges of utilizing business analytics, along with a backup plan in case management does not accept the first option.

Scenario

You have been hired as a business analyst for a well-known design firm. Currently, they utilize technology for their day-to-day operations but not to analyze data to help with making business decisions. Your task is to convince management that the usage of business analytics would be a great benefit to the business and it would help the business to make well-informed decisions and thus action plans that would align with the business's strategic planning.

The firm currently has technology in place but does not have any connected systems. The databases are all independent of each other but they do utilize a client/server environment. The firm currently has one location and it is looking to add a second location in another part of the state, but is unsure as to whether it would be beneficial to the firm.

Instructions

Using the Argosy University online library resources and the Internet, research business analytics implementation plans. Select at least 4 scholarly sources for use in this assignment.

Write a proposal in which you explain the importance of using business analytics.

Objectives of proposals:

  1. Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios.
  2. Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addressing any disadvantages. Include at least 3 benefits and disadvantages.
  3. Address any challenges the organization may face using business analytics, as well as how the organization can be proactive in addressing the challenges. Be sure to address at least 3 challenges.
  4. Propose three business analytic techniques. Compare them and discuss at least two benefits and disadvantages of each.
  5. Create an implementation plan to integrate business analytics into your organization.
  6. Create a backup proposal in case management does not approve your initial proposal. The backup proposal should have at least 3 changes different from the original plan.

Write the paper from the perspective that it will be presented to management of the firm and you are trying to persuade them to utilize business analytics for data-driven decision making.

The paper has to contain the following:

  • Cover Page
  • Table of Contents (auto-generated by MS Word)
  • Introduction
  • Implementation Plan (5-6 pages of content)
  • Conclusion
  • References

Utilize at least 4 scholarly sources in support of your recommendations.

Reference no: EM13821862

Questions Cloud

Create a spreadsheet from the data : Comparing all software used per department - Create a spreadsheet from the data
What are your views on the role of epidemiology : What are your views on the role of epidemiology. How would you plan to advance your knowledge of epidemiologic principles in your area of focus
Assignment on the theory of mind : The Theory of Mind
Explain why spiritual assessment is important : Explain why spiritual assessment is important
Description of lasa : In this assignment, you will create a business analytics implementation plan. The plan will consist of explaining business analytics to management, addressing the advantages and disadvantages of business analytics, the challenges
State ethics and social responsibility in strategic planning : Prepare a paper on Ethics and Social Responsibility in Strategic Planning
Explain the role of the assistant principal as a participant : Explain the role of the assistant principal as a participant in this meeting, including why he is participating and what value he adds to the meeting.
Examine one real-world event or recent news story : Examine one real-world event or recent news story from the last 12 months that you believe demonstrates the topics covered in this course. Predict how this event ties to the new learning in the course. Formulate an opinion and defend your position ab..
Comparing principals from the ucc-ulb and bea : Dan presents the note to Alberta, only to find out that Alberta has filed for bankruptcy and that she will have all of her debts (including the note) discharged. Can Dan hold Alberta, Bob and/or Cathy liable on the note? Explain your answer by usi..

Reviews

Write a Review

Finance Basics Questions & Answers

  What amount will you have to deposit today to fund

What amount will you have to deposit today to fund this deferred annuity? Use an 8% discount rate and round your answer to the nearest RM100.

  Calculate the zero coupon spot rates

Calculate the zero coupon spot rates that must accompany these bonds

  Determine currency per u.s. dollar for each of these dates

In mid-March 2007, the U.S. dollar equivalent of a euro was $1.3310. In mid-July 2009, the U.S. dollar equivalent of a euro was $1.4116. Using the indirect quotation method, determine the currency per U.S. dollar for each of these dates.

  Calculate break-even annual rent

Assume you currently rent an apartment and have an option to buy it for $200,000. Property taxes are $2,000 per year and are deductible for income tax purposes.

  Which is the effective annual rate

Your auto finance company is quoting you an Annual Percentage Rate (APR) of 8%. You are borrowing $45,000 and the payment is $845 per month. You will make monthly payments. Which is the Effective Annual Rate (EAR)?

  Effective management practices in workplace

This assignment focuses on how the management practices of planning, leading, organizing, staffing, and controlling are implemented in your workplace. If you are not currently working, you may use a previous employer. In this assignment, you must:

  Investors expect the market rate of return this year to be

investors expect the market rate of return this year to be 12.50. the expected rate of return on a stock with a beta of

  An investment will pay you 45000 in six years if the

an investment will pay you 45000 in six years. if the appropriate discount rate is ii percent compounded daily what is

  What do you think the beta of your portfolio would be if

what do you think the beta of your portfolio would be if you owned half of all the stocks traded on the major

  Calculate stock price

Corporation Z-prime is like Z in all respects save one: Its growth will stop after year four. In year 5 and afterward, it will pay out all earnings as dividends.

  Accumulated value at the time

John invests $100 at the end of each quarter for ten years in an account earning an annual effective interest rate of 8%. Find John's accumulated value at the time of his last deposits using two different methods.

  What are the present values of the relevant investment cash

Assume the appropriate discount rate is 9.6 percent. What are the present values of the relevant investment cash flows?

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