Business Analytics Activities
Costing
Process
Enhance Business Processes
Predictive Analytics in Financial Services
Financial Strategy
Choices
Enhancing Business Analytics
Costing 
Costing is a fundamental concept in the field of
business analytics and financial analytics
...By estimating the costs of various
activities and projects, organizations can create realistic budgets that align with their financial goals
...
Process 
In the context of
business and business
analytics, a 'process' refers to a series of actions or steps taken to achieve a particular end
...Management Processes: These processes govern the organization and include
activities such as strategic planning and performance management
...
Enhance Business Processes 
Enhancing
business processes is a critical aspect of business
analytics, particularly within the realm of prescriptive analytics
...Understanding Business Processes A business process is a set of structured
activities or tasks that produce a specific service or product for customers
...
Predictive Analytics in Financial Services 
Predictive
analytics in financial services is the use of statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data
...detection: By detecting anomalies and unusual patterns in transactions, predictive analytics can help prevent and detect fraudulent
activities ...Credit scoring Predictive analytics can help assess the creditworthiness of individuals and
businesses, enabling more accurate lending decisions
...
Financial Strategy 
Financial strategy is a crucial component of
business planning and decision-making
...Importance of Financial Strategy Financial strategy plays a key role in guiding the financial
activities of a company
...Role of Financial
Analytics Financial analytics involves the use of data and statistical tools to analyze financial information and make informed decisions
...
Choices 
In the realm of
business, the concept of choices plays a crucial role in decision-making processes
...This article explores the significance of choices in business
analytics and how machine learning enhances the decision-making process
...Regulatory Environment: Laws and regulations can constrain or enable certain business
activities ...
Enhancing Business Analytics 
Business analytics is a vital process that helps organizations make data-driven decisions
...Increased Efficiency: Streamlined data processes can save time and resources, allowing businesses to focus on core
activities ...
Control 
Control in the context of
business refers to the process of monitoring and influencing the
activities and performance of an organization to ensure that goals are achieved effectively and efficiently
...
Key Components of Financial Statements 
It is divided into three main sections: operating
activities, investing activities, and financing activities
...
Business Goals 
In the realm of
business, setting clear and achievable goals is essential for success
...In this article, we will explore the importance of business goals, common types of goals, and how they are used in business
analytics and performance metrics
...Focus: Goals help prioritize tasks and initiatives, ensuring that efforts are concentrated on
activities that align with the organization's strategic objectives
...
Selbstständig machen mit Ideen 
Der Weg in die Selbständigkeit beginnt nicht mit der Gründung eines Unternehmens, sondern davor - denn: kein Geschäft ohne Geschäftsidee. Eine gute Geschäftsidee fällt nicht immer vom Himmel und dem Gründer vor die auf den Schreibtisch ...