Business Forecasts
Techniques for Financial Performance Assessment
Business Intelligence
Context
Decision
Enhancing Decision Making Through Analytics
Strategies
Adjustment
Techniques for Financial Performance Assessment 
Financial performance assessment is a crucial aspect of
business analytics that helps organizations evaluate their financial health and make informed decisions
...By analyzing historical data, market trends, and other relevant factors, businesses can develop accurate financial
forecasts and budgets to guide their decision-making processes
...
Business Intelligence 
Business Intelligence (BI) refers to the technologies, practices, and applications for the collection, integration, analysis, and presentation of business data
...It plays a crucial role in enhancing business intelligence by providing
forecasts and trends that can inform strategic decisions
...
Context 
In the fields of
business analytics and data visualization, the term context refers to the circumstances and background information surrounding a particular dataset or analysis
...Informed Predictions: Context helps in creating more accurate
forecasts by considering external and internal factors
...
Decision 
In the context of
business analytics, particularly prescriptive analytics, decisions are critical as they guide organizations in choosing the best course of action among various alternatives
...1 Prescriptive Analytics Prescriptive analytics is particularly crucial in the decision-making process as it not only
forecasts potential outcomes but also suggests the best actions to achieve desired results
...
Enhancing Decision Making Through Analytics 
In today's fast-paced
business environment, organizations are increasingly relying on business analytics and business intelligence tools to enhance decision-making processes
...Improved Accuracy Utilizing analytical tools increases the precision of
forecasts and predictions
...
Strategies 
In the realm of
business, business analytics, and particularly predictive analytics, strategies are essential for organizations aiming to leverage data to make informed decisions
...Predictive Analytics
Forecasts future outcomes based on historical data
...
Adjustment 
In the realm of
business, the term adjustment refers to the modifications made to processes, strategies, or models to better align with desired outcomes or performance metrics
...Financial Adjustments: Revisions to budgeting and financial
forecasts to reflect changing conditions
...
The Benefits of Automated Reporting 
This practice has gained significant traction in the field of
business, particularly in the realms of business analytics and business intelligence
...Sales
forecasts, sales pipeline analysis Marketing Reports Reports that measure the effectiveness of marketing campaigns
...
Value Proposition 
A Value Proposition is a
business or marketing statement that summarizes why a consumer should choose a product or service
...Predictive Analytics: Offering
forecasts that help businesses anticipate future trends and behaviors
...
Importance of Analysis 
In the realm of
business, analysis plays a crucial role in decision-making, strategy formulation, and performance improvement
...Predictive Analysis: Utilizing statistical models and machine learning techniques, predictive analysis
forecasts future outcomes based on historical data
...
Nebenberuflich (z.B. mit Nebenjob) selbstständig u. Ideen haben
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 ...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.