Reference no: EM133676181 , Length: word count:1500
Capstone: Industry Case Studies, Industry Review
Your Task
Generate an original business question based on an industry business problem that can be explored using available data sources and analytics methodologies mastered in the business analytics degree.
Students are to investigate the application of one analytics method to an industry and document their findings as a report.
Assessment Instructions
The first part of any good project is a literature review. In approximately 1000-1500 words (excluding references) address the following sections that will assist you to outline a business industry problem that can be addressed through data analytics.
Industry Background:
Choose an Industry, e.g., healthcare, retail, education, finance, recreation, government, etc. and discuss three key business problems currently facing this industry.
Existing Analysis and Methodologies:
Investigate and evaluate existing analysis on the three business problems you have chosen and reflect on the data and analytics methodologies employed in this analysis.
Data Sources:
Evaluate the types of data sources available to analysts in this industry. Explore the available data sources you can access to address the three business problems you have identified and evaluate what type of descriptive and predictive analytics techniques could be used.
Selecting Business Problem: Generate a unique business question for this industry based on one of the business problems. You will address this business problem in Assessment 3 (Project Report). For the business problem you select briefly summarise the:
The data source you will use.
Methodologies you will explore (brief).
The originality of your contribution (i.e. Why is your analysis unique given existing investigation and analysis in this space?).
Provide at least ten relevant, credible references to support your ideas and explanations.Industry is retail