Business Studies, asked by chiku1822, 11 months ago

Business objectives that can be leveraged using analytics are

Answers

Answered by kingArsh07
0

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