Assignment Help-Benefits of Business Analytics
Benefits of Business Analytics
Business analytics can provide a significant benefit to organizations. If organization staffs use business analytics and analyze data correctly, they will be able to make informed decisions that will benefit the organization in many ways. They could use it to make decisions to address not only short-term company goals but also long-term strategic planning.
Respond to the following questions:
Compare and contrast the two companies in terms of analytics to understand their positions in the industry.
Provide your rationale as to whether or not the use of data analytics would help each of the companies accomplish its goals.
Describe the challenges the companies’ staffs may have faced by using business analytics.