BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ultimate goal of analytics could be said to be:
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Help create attractive graphics
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Help better decision making
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deliver reports
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perform mathematical calculations
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Explanation:
Detailed explanation-1: -The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.
Detailed explanation-2: -Data analytics, if used properly, provides a competitive advantage over other companies in the industry by enabling organizations to identify new opportunities and leverage their insights to make strategic decisions. Data analytics programs are evolving as the digital transformation of companies progresses.
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