What are analytics

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- What are analytics? How are data analytics used in the competitive world? What are algorithms? How did Netflix use algorithms and analytics to build a competitive advantage? Provide two examples of companies that use analytics and algorithms.

How are analytics that are used in professional sports applicable in the business world? How does the analysis based upon data guide decision making in sports and in the business world? Provide examples to support your answers. Are decisions based solely on data? Do we always have perfect information? Explain.

- What is competing on analytics? Why is competing on analytics important? Are business decisions solely based upon data? What other inputs go into managerial decision making? Provide examples. ?

-What is the DELTA Model? Explain each letter of the acronym. What are the four pillars of analytical competition? Describe and provide examples of each pillar.

What are the five stages of analytical competition? Describe each stage and provide examples of companies that are in each stage.

Reference no: EM132970482

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