BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Business analysis techniques are processes used to create and implement plans necessary for identifying a company’s needs and delivering the best results. There is no such thing as a “one size fits all” technique because every business or organization is different.

Detailed explanation-2: -It can be defined as a science of collecting and analyzing data to identify trends and patterns and presenting them. Statistical analysis involves working with numbers and is used by businesses and other institutions to make use of data to derive meaningful information.

Detailed explanation-3: -Data-driven analytics helps businesses anticipate their customers’ needs and develop solutions that address them. Business analytics gives leaders the tools to transform their wealth of customer, operational, and product data into valuable insights that lead to agile decision-making and financial success.

Detailed explanation-4: -Descriptive, predictive and prescriptive analytics Business Analytics is the process by which businesses use statistical methods and technologies for analysing data in order to gain insights and improve their strategic decision-making.