BUS ANL - MIDTERM

are collecting data on every aspect of life with incredible rates of speed and comprehensiveness.

are running opinion surveys and collecting all forms of data for their operations.

providing large amounts of data that are easily available

capable of storing big data in large databases

As they have shown, placing large data into computer clouds can provide business analytics in a timely and agile way.

is the next best thing to a crystal ball for answering important business questions.

a valued tool for decision-making and helps explain why it is important to learn and use

is a critical part of running any business. If it is done right, it obtains the results that the planners desire.

Is usually performed by senior-level management to provide general guidance on broad, long-range goals (taking multiple years) such as seeking organization growth.

Is usually performed by middle-level managers to develop implementation tactics for strategy planning. These are usually middle-range goals (taking a year or two), such as acquiring additional firms to support the growth strategy.

Is usually performed by lower-level managers to implement short-range goals (monthly, weekly business activities), such as having more personnel to handle short-term growth in demand.