Preview

business analytics

Satisfactory Essays
Open Document
Open Document
273 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
business analytics
Assignment 3: Benefits of Business Analytics

Business analytics can provide a significant benefit to organizations. If the organization utilizes business analytics and analyzes the 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.

Using the Argosy University online library resources and the Internet, research two businesses within the same industry; one that utilizes business analytics and one that does not. Select at least 2 scholarly sources for use in this assignment.

Respond to the following questions:

Compare and contrast the two companies in terms of their use of business analytics to improve their position in the industry. You may select an organization you currently work for or one that you worked for in the past.
Provide your rationale as to whether or not the use of data analytics has helped the company accomplish its goals.
Describe the challenges the company may have faced by choosing to utilize business analytics that the other company did not face.
Make assumptions based on company history where required. Utilize at least 2 scholarly sources in support of your assertions.

Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in appropriate and accurate representation and attribution of sources; display accurate spelling, grammar, and punctuation.

Write a 3–4-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M1_A3.doc. For example, if your name is John Smith, your document will be named

You May Also Find These Documents Helpful

  • Powerful Essays

    Econ1203 Report

    • 2368 Words
    • 10 Pages

    The Business Analytics Department has compiled this report based on data supplied by DGHG. The purpose of this report is to use this data to answer several key questions set out by DGHG, along with providing information as to whether the company has been meeting its key performance indicators, as set out in the business plan. The questions this report will primarily address, are as follows:…

    • 2368 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    BSA 375 Week 2 DQ 4

    • 372 Words
    • 2 Pages

    What is "enterprise-wide analytics technology" and how can it play a part in understanding business processes? What are the challenges in rolling out a Business Intelligence tool?…

    • 372 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BUS 599 Week 1 Quiz

    • 428 Words
    • 2 Pages

    Select a company to which you have been loyal for several years. Assess the company’s current strategy and the effectiveness of the strategy execution.…

    • 428 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    compare and analyse the critical information between two companies and make a decision as to…

    • 3172 Words
    • 11 Pages
    Best Essays
  • Good Essays

    ONLINE ASSIGNMENT 2 5

    • 718 Words
    • 4 Pages

    2. Pick two companies competing in the same industry (e.g., retail stores, auto companies, catalog sales, hospitals, banks, pharmaceutical companies, etc.) and compare their operating strategies (similarity and differences) along categories listed below. Feel free to use tabular format.…

    • 718 Words
    • 4 Pages
    Good Essays
  • Good Essays

    P1 unit 3 Ict btec

    • 1429 Words
    • 4 Pages

    Businesses use information for different reasons to make the business perform better. I am going to explain how the business use it for operational support, monitoring and improving performance, identifying trends, decision making support and gaining competitive advantage.…

    • 1429 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The 10/90 Rule

    • 719 Words
    • 3 Pages

    But they cannot tell you the “why.” The “why” is made up of the insights that drive successful business decisions that can set your business apart from your competitors. This “why” can only be determined for you by your expert team of analysts that you chose so wisely to invest your money in. As Gibson (2013) puts it, “your Web analytics tool is only as powerful as the person using it.”…

    • 719 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Data analytics is not only confined to marketing or business, now a days it is used in many fields. Sports is one such area, here are two examples in sports were data analytics was used very extensively and proved its worth. The San Francisco Giants are one of the oldest U.S baseball teams, and one of the most successful as well. They have won the most games by any team in the history of American baseball and any North American professional sports team. The giants have captured 23 National League pennants and appeared in 20 World Series competitions- both records in the National League. Their most recent triumph was winning the 2014 World Series. The Giants have outstanding players (with the most Hall of Fame players in all of professional…

    • 351 Words
    • 2 Pages
    Good Essays
  • Good Essays

    t. make a better comparison of two companies of different sizes in the same industry…

    • 1524 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Miss

    • 637 Words
    • 3 Pages

    Examine the data below and using appropriate ratios discuss the difference in performance between the two companies over the period 2007 to 2011 and explain any trends in each company’s results. (Affects of; Policy, external factors and other variables)…

    • 637 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    The Business Environment

    • 1565 Words
    • 7 Pages

    The two businesses that I am going to be for this assignment the two companies are contrasting in the way they are managed and the way in which their market shares incline or decline.…

    • 1565 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Company Analysis

    • 915 Words
    • 4 Pages

    * What is (are) your firm’s primary competitive advantage(s)? In other words, what does your firm do well?…

    • 915 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Interview

    • 3055 Words
    • 13 Pages

    advantage. How did you recognize the trend? What actions did you take? What was the outcome? • Describe a time when you effectively integrated financial, enterprise, and industry data and indicators into a…

    • 3055 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Netflix Analysis

    • 1284 Words
    • 6 Pages

    The following analysis focuses on how those two companies that cover the same needs, they have totally different strategies and by analyzing both strategies we will see how a good strategy and a good knowledge of the market can make the difference and take a company to the success.…

    • 1284 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    A competitor analysis will be done for both companies based on the data from their…

    • 2969 Words
    • 13 Pages
    Best Essays