BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Convert data into graphical reports
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Just get reports and manage an analytics tool, all using data
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Being able to understand how a company or organization works and propose business solutions, all using data.
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Receive report requests from business users.
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Detailed explanation-1: -SWOT Analysis: One of the most popular techniques in the industry, SWOT identifies the strengths and weaknesses in a corporate structure, presenting them as opportunities and threats. The knowledge helps analysts make better decisions regarding resource allocation and suggestions for organizational improvement.
Detailed explanation-2: -A data analyst collects, cleans, and interprets data sets in order to answer a question or solve a problem. They work in many industries, including business, finance, criminal justice, science, medicine, and government.
Detailed explanation-3: -Business analysts assess how organisations are performing and help them improve their processes and systems. They conduct research and analysis in order to come up with solutions to business problems and help to introduce these solutions to businesses and their clients.
Detailed explanation-4: -Business data analysts assess historical data that helps them to optimize business operations by identifying the existing loopholes, leading to optimum utilization of resources and efficiency in the system, saving up a considerable chunk of expenditure for the organization.