BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Where can you apply Analytics? Choose 3 answers.
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Human Resource Planning
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Chain Plant Regression
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Pricing Decisions
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Pharmacuetical Department
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Financial and Marketing Activities
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Explanation:
Detailed explanation-1: -Descriptive, predictive and prescriptive analytics.
Detailed explanation-2: -Financial analytics helps companies discover the risks they face, improve business processes and optimize efforts in the right direction. It helps leaders get visibility into important matters, such as which products are doing well and which sales channels to focus on.
Detailed explanation-3: -There are four types of analytics, Descriptive, Diagnostic, Predictive, and Prescriptive. The chart below outlines the levels of these four categories.
There is 1 question to complete.