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  • Electronics Engineering
    New york Institute of Technology
    Jan-2015 - Dec-2016

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    NYIT
    Jan-2015 - Present

  • Tutor
    NYIT
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Category > Accounting Posted 12 Oct 2017 My Price 20.00

Assignment 1 The New Frontier: Data Analytics

In this highly competitive business environment, businesses are constantly seeking ways to gain traction and understand what is on the minds of current customers and potential customers in order to increase business efficiency. Many companies have turned to business intelligence (BI) and data analytics. 

Use the Internet to research articles on data analytics. Select one (1) industry or one (1) company that is currently using data analytics. Use the industry / company you have selected as the basis for your written paper.

 

Write a four to six (4-6) page paper in which you:

  1. Define data analytics in general and provide a brief overview of the evolution of utilizing data analytics in business. 
  2. Analyze the main advantages and disadvantages of using data analytics within the industry or company that you have chosen. 
  3. Determine the fundamental obstacles or challenges that business management in general must overcome in order to implement data analytics. Next, suggest a strategy that business management could use to overcome the obstacles or challenges in question. Provide a rationale for your response.
  4. Analyze the overall manner in which data analytics transformed the industry or company you selected with regard to customer responsiveness and satisfaction.
  5. Speculate on the trend of using data analytics for the chosen industry or company in the next ten (10) years. Next, determine at least one (1) additional type of data that one could collect by using data analytics. Provide a rationale for your response. 
  6. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources. 

Answers

Math Expert
(3)
Status NEW Posted 12 Oct 2017 07:10 AM My Price 20.00

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