Business Analytics Activities
Predictive Trends
Business Performance Metrics for Improvement
Budget Allocation
Management
Analyzing Business Performance
Cost Control
Operational Strategy
Predictive Trends 
Predictive trends refer to the patterns and insights derived from predictive
analytics that help
businesses forecast future events and behaviors
...Finance In finance, predictive models can forecast stock prices, assess credit risk, and detect fraudulent
activities, thereby enhancing financial security
...
Business Performance Metrics for Improvement 
In the realm of
business analytics, performance metrics play a crucial role in evaluating the effectiveness and efficiency of a company's operations
...Metric Description Revenue The total income generated by the company from its core business
activities ...
Budget Allocation 
Budget allocation is a crucial aspect of financial planning for
businesses, involving the distribution of financial resources to different departments, projects, or
activities within an organization
...the budgeting process Regularly review and adjust budget allocations based on performance Utilize technology and data
analytics for informed decision-making Conclusion Effective budget allocation is essential for the financial health and success of businesses
...
Management 
It is a critical function in all types of organizations, including
businesses, non-profits, and government entities
...The field of management encompasses various disciplines, including business
analytics and data governance, which play a vital role in decision-making and operational efficiency
...Middle Management Operational Managers Implementing policies, coordinating
activities, and managing teams
...
Analyzing Business Performance 
Analyzing
business performance is a critical aspect of business management that involves evaluating various metrics to assess the efficiency and effectiveness of an organization
...In the realm of business, performance analysis is intricately linked to business
analytics and predictive analytics
...Balanced Scorecard: A strategic planning and management system that organizations use to align business
activities to the vision and strategy of the organization
...
Cost Control 
Cost Control Cost control is a crucial aspect of
business management that involves monitoring and managing expenses to ensure profitability and sustainability
...Description Activity-Based Costing Assigning costs to specific
activities or products based on their consumption of resources
...
Operational Strategy 
It is a critical component of a broader
business strategy and focuses on the efficient allocation of resources to maximize productivity and profitability
...article explores the various elements of operational strategy, its importance, and how it can be enhanced through business
analytics and prescriptive analytics
...Overview An operational strategy encompasses a range of
activities and processes that support the overall mission of an organization
...
Evaluation 
In the context of
business and business
analytics, evaluation refers to the systematic assessment of a process, product, or service to determine its effectiveness, efficiency, and relevance
...Logic Model A visual representation of the relationship between resources,
activities, outputs, and outcomes
...
System 
A system in the context of
business analytics refers to a structured combination of components, processes, and technologies that work together to collect, analyze, and interpret data
...Detection By analyzing textual data from transactions and communications, businesses can identify potential fraudulent
activities ...
Quality 
In the context of
business and
analytics, "Quality" refers to the degree to which a product or service meets specified requirements and customer expectations
...Quality Assurance: The systematic
activities implemented to provide confidence that quality requirements will be fulfilled
...
Nebenberuflich selbstständig machen mit top Ideen
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...