Solution-Benefits and disadvantages of business analytics

Benefits and disadvantages of business analytics

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Reference no: EM13916015

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Describe the business and provide a summary of business analytics.
A basic definition of business analytics is provided.
A full definition of business analytics is given.
A clear summary of business analytics and how it is applied towards the business scenario is given.
A thorough summary of business analytics and how it is applied towards multiple business scenarios is given.
Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addressing any disadvantages.

The benefits and disadvantages of business analytics described are inaccurate or missing.

At least one benefit and one disadvantage of business analytics is fully articulated towards the business scenario.
At least 2 appropriate benefits and disadvantages of business analytics are fully articulated towards the business scenario. Strategies are described to address any disadvantages the organization may encounter.
At least 3 appropriate benefits and disadvantages of business analytics are fully articulated towards the business scenario. Strategies described are likely to counter any disadvantage the organization may encounter.

Address any challenges the organization may face using business analytics, as well as how the organization can be proactive in facing the challenges.

A vague or inaccurate description of possible challenges that may happen while utilizing business analytics is given.
A basic description of possible challenges that may happen while utilizing business analytics is given.
A full description is given of at least 3 challenges that may happen while utilizing business analytics and how the organization will address those challenges.
A complete description of at least 3 challenges that may happen while utilizing business analytics is included. The cause and effect of each challenge is clear, and the steps the organization will take to address those challenges are clear and justified.

Reference no: EM13916015

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Benefits and disadvantages of business analytics

Reference no: EM13916015

Reference no: EM13916015

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