Business objective that can be leveraged using analytics are


Asked by admin @ in Business Studies viewed by 492 People


Business objectives that can be leveraged using analytics are

Answered by admin @



Explanation:

To apply data analytics into business processes, companies first need a plan or strategy. If a firm wants to improve its effectiveness and efficiency, it is important to manage performance of employees or processes. To do so, it is essential to measure the performance. However, those measures need to be meaningful and should be linked to the desired outcome or goal. This is a tedious task, given that the data would be scattered and unformatted.

To apply data analytics into business processes, companies first need a plan or strategy. If a firm wants to improve its effectiveness and efficiency, it is important to manage performance of employees or processes. To do so, it is essential to measure the performance. However, those measures need to be meaningful and should be linked to the desired outcome or goal. This is a tedious task, given that the data would be scattered and unformatted.Therefore, it would be favorable to reach out to a data analytics consulting company to develop a plan on how to get started with the process and how to further utilize its benefits


Similar Questions

In chemistry the mole is used to measure objects by

Asked by admin @ in Chemistry viewed by 277 persons

Why is it useful to use moles to measure chemical quantities?

Device used to measure force acting on an object

Asked by admin @ in Science viewed by 368 persons

Name the device used for measuring force acting on an object.

What is the objective of social responsibility of business

Asked by admin @ in Business Studies viewed by 327 persons

What is objective of social responsibility of business

Which bracket is used to write object in javascript

Asked by admin @ in English viewed by 272 persons

Which bracket is used to write object in JavaScript ​

Anti pattern when assigning business values to team pi objectives

Asked by admin @ in Computer Science viewed by 645 persons

What is considered an anti-pattern when assigning business values to Team PI Objectives?

The business model that leverages the power of social networks

Asked by admin @ in Business Studies viewed by 870 persons

the business model that leverages the power of social networks and reduced cost of discovery and coordination is called?

Method used to find the volume of an irregular object

Asked by admin @ in Physics viewed by 300 persons

Name the method that we used to determine the volume of irregular solid​

What is used to measure the mass of an object

Asked by admin @ in Physics viewed by 356 persons

The mass of an object is measured using and instrument called​

This is not an appropriate business use for a wiki

Asked by maham237 @ in Business viewed by 425 persons

A. editing corporate documents B. getting customer feedback C. project management D. publishing company information

Which adjustment knob is used with the high power objective

Asked by admin @ in Physics viewed by 311 persons

When using a Microscope's high power objective the course adjustment knob: a. Can be used throughout the focusing process. b. Can not be used with low power object c. Can …

Why do we use immersion oil with the 100x objective

Asked by admin @ in Physics viewed by 269 persons

Why do you use immersion oil with a 100X objective lens?

Why do you use immersion oil with 100x objective lens

Asked by admin @ in Physics viewed by 252 persons

Why do you use immersion oil with a 100X objective lens?

Why do we use immersion oil for the 100x objective

Asked by admin @ in Physics viewed by 248 persons

Why do you use immersion oil with a 100X objective lens?

Why oil immersion is used only in 100x objective lens

Asked by admin @ in Biology viewed by 263 persons

1. John observed bacteria at 100X under the oil immersion and then decided to go back to 40X objective by raising the oil objective a little to avoid the damage …

Aid a business grow and attain its objectives

Asked by admin @ in Business Studies viewed by 732 persons

Aid a business grow and attain its objectives

Most viewed questions in Business Studies


Where do improvement initiatives get recorded in tcs

Asked by admin @ in Business Studies viewed by 7968 persons


Tcs agile vision enterprise agile by 2020 means

Asked by admin @ in Business Studies viewed by 5755 persons



Difference between general cargo rates and specific cargo rates

Asked by admin @ in Business Studies viewed by 3045 persons


The scrum team is using the kanban board

Asked by admin @ in Business Studies viewed by 3015 persons


Agile teams need to comply by the agile values

Asked by admin @ in Business Studies viewed by 2958 persons



Which statement is incorrect about exception handling in blue prism

Asked by admin @ in Business Studies viewed by 2915 persons


Explain how business is transforming itself to e business

Asked by admin @ in Business Studies viewed by 2620 persons



Factors considered essential for the audit of a company

Asked by admin @ in Business Studies viewed by 2477 persons


To manage the azure ad the required privilege is

Asked by admin @ in Business Studies viewed by 2256 persons


Nature of products offered for sale in departmental store

Asked by admin @ in Business Studies viewed by 2181 persons



There is no difference between shut company and delete company

Asked by admin @ in Business Studies viewed by 2020 persons


What does data warehousing allow organizations to achieve

Asked by admin @ in Business Studies viewed by 1818 persons