Discussion-using business analytics

Assignment Help Engineering Mathematics
Reference no: EM13823077

Discussion-Using Business Analytics

Many organizations today do not utilize business analytics to help them with their decision-making processes. For some organizations, it could be a lack of knowledge about how to apply it, and for other organizations, it could be a lack of technology. When managers do not feel applying business analytics is worth their time or they feel that it is too complicated, they will not utilize it. If you were to work for a company that did not utilize business analytics, how would you convince them that they should?

Using the Argosy University online library resources and the Internet, research the benefits and challenges of implementing business analytics.

Respond to the following questions:

  • How do you think business analytics can help your current organization with their decision-making processes?
  • What challenges do you anticipate in getting your organization to implement and utilize business analytics?
  • How would you approach management in regards to getting them to implement business analytics?
  • Why should you have an understanding of statistics in order to utilize and implement business analytics?
  • What would be some challenges in using business analytics?

Write your initial response in 300-500 words. Apply APA standards to citation of sources.

Reference no: EM13823077

Questions Cloud

Difference between innovation and entrepreneurship : Thoroughly compared and contrasted the difference between innovation and entrepreneurship. Thoroughly described the challenges managers face with managing uncertainty and risk
The first consideration in any negotiation : Never discuss ____ with an auto dealer.  The true cost of an automobile to the dealer is.  The first consideration in any negotiation is. Which of the following would most likely be considered a need rather than a want?
Planned buying process and process of comparing products : A service contract is very much like. The process of comparing products or services to find what you think is the best buy is called. Which is not a step in the planned buying process? Which of the following provisions is not legally required as part..
Actual market value at the end of the lease period : In ____ lease, you must pay any difference between the projected residual value of the vehicle and its actual market value at the end of the lease period.
Discussion-using business analytics : Many organizations today do not utilize business analytics to help them with their decision-making processes. For some organizations, it could be a lack of knowledge about how to apply it, and for other organizations, it could be a lack of technol..
The pka values of a compound with two ionizable : 1. The pka values of a compound with two ionizable groups are pk1=4.10 and pk2 between 7 and 10.  We have 10 mL of a 1.0 M solution of this compound at a pH of 8.0.  She adds 10.0 mL of 1.0 M HCL, which changes the pH to 3.20.  What is pk2?
Who is the author''s intended audience : Who is the author's intended audience. Were any specific issues addressed in the article. What were they
Service contract offers free or low-cost repairs to product : A service contract offers free or low-cost repairs to the product
Write a revise paper about internet is a double edge sword : Write a revise paper about Internet is a double edge sword.

Reviews

Write a Review

Engineering Mathematics Questions & Answers

  Problems resulting in bad publicity for the company

This STEEPLE and Balance sheet needs to be completed based on the company has been having with ship reliability and passenger safety. Because of recent problems resulting in bad publicity for the company , the Team has been asked to provide proces..

  Determine what happens to the turtle population

Differential equation to determine what happens to the turtle population in the long run -remote island satisfies the differential equation

  What is the test value

A researcher hypothesizes that the variation in the amount of money spent on business dinners is greater than the variation of the amount of money spent on lunches. The variance of nine business dinners was $6.12 and the variance of 12 business lu..

  What aspects of research questions

How would you select appropriate statistical tests to analyze research data? What aspects of research questions or data types are relevant considerations in choosing your tests?

  Type of probability distribution covered

Find a study in a professional journal that uses a type of probability distribution covered in these chapters. Write a brief report describing this study and how the researcher used this tool to communicate the impact of the information discovered..

  Formulate the linear programming model for given problem

Formulate the Linear Programming model for this problem. Solve the problem using Excel Solver or QM for Windows.

  Graph an independent set is a collection of nodes

Given a graph, an independent set, is a collection of nodes which have no edges among them. Thus, in the following graph,the nodes B, D, and E form an independent set because there are no edges connecting one of them to the other two.

  Implement the project within agreed procedures

Select a project and agree specifications and procedures and implement the project within agreed procedures and to specification.

  Power of crowds in a business setting-strengths

Based on your intuition, what is your overall impression of using the power of crowds in a business setting-strengths/weaknesses, good applications/bad applications, etc.?

  What are normal project completion time and critical path

What is the optimal quantity per order based on the total annual cost (composed of the holding cost and ordering cost and the acquisition cost)? Provide the lowest total cost for each of the price options. Include the holding, ordering and acquisi..

  Question know the different type of taxes and their rates

question know the different type of taxes and their rates in spokane wa. also describe the tax rates that individuals

  Multiple regression results

1. A retail store manager with Petrie Stores, Inc, wants to develop a multiple regression model to predict the amount of sales of a product per month Y from monthly advertising expenditures X1 and whether the month was December (coded 1) or anothe..

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