GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business Analytics
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Office management
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general management
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HR management
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Detailed explanation-1: -That’s why learning the difference between business analytics and data science is relevant to many. Business Analytics is the statistical study of business data to gain insights. Data science is the study of data using statistics, algorithms and technology. Uses mostly structured data.
Detailed explanation-2: -A Data Scientist specializes in high-level data manipulation, including writing complex algorithms and computer programming. Business Analysts are more focused on creating and interpreting reports on how the business is operating day to day, and providing recommendations based on their findings.
Detailed explanation-3: -The three main roles of a business analyst are to analyze data models and derive logical conclusions, develop innovative solutions for operational and strategic changes, and budget and forecasting to ensure that costs do not exceed the limit.
Detailed explanation-4: -Simply put, a data analyst makes sense out of existing data, whereas a data scientist works on new ways of capturing and analyzing data to be used by the analysts. If you love numbers and statistics as well as computer programming, either path could be a good fit for your career goals.