Descriptive Metrics
The Role of Data in Business Growth
Improve Operational Efficiency
Enhance Strategic Insights
Financial Reports
Data Analysis for Crisis Management
Statistical Analysis in Decision Making
Developing Business Insights
Data-Driven Strategies for Improvement 
Monitoring and Evaluation: Continuously tracking performance
metrics to assess the effectiveness of implemented strategies
...The main categories include: Type of Analytics Description Purpose
Descriptive Analytics Analyzes historical data to understand trends and patterns
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The Role of Data in Business Growth 
Operational Data Data related to business operations, such as supply chain and production
metrics ...Common data analysis techniques include:
Descriptive Analytics: Summarizes historical data to understand what has happened
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Improve Operational Efficiency 
Performance Measurement: Utilizing
metrics and KPIs to assess the effectiveness of operations
...various types of analytics: Type of Analytics Description Benefits
Descriptive Analytics Analyzes historical data to understand what has happened in the past
...
Enhance Strategic Insights 
Internal Data: Information generated within the organization, such as sales figures, customer feedback, and operational
metrics ...This involves:
Descriptive Analytics: Understanding historical data to identify patterns and trends
...
Financial Reports 
They often include ratios and
metrics such as: Ratio Formula Purpose Current Ratio Current Assets / Current Liabilities Liquidity measurement Debt-to-Equity Ratio Total Liabilities / Shareholders'
...
Data Analysis for Crisis Management 
Sales figures, customer traffic, financial
metrics Qualitative Data
Descriptive data that provides insights into opinions and experiences
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Statistical Analysis in Decision Making 
Methodology Description Application
Descriptive Statistics Summarizes and describes the characteristics of a dataset
...Tools like employee surveys and performance
metrics help in making data-driven HR decisions
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Developing Business Insights 
Sales records, employee performance
metrics External Data Data sourced from outside the organization
...This can involve various techniques, including:
Descriptive Analytics: Summarizing historical data to identify trends
...
Understanding Industry Trends 
Key techniques include:
Descriptive Analytics Predictive Analytics Prescriptive Analytics 3
...Tools for monitoring include: Social Listening Tools Engagement
Metrics Trend Analysis Hashtags Impact of Industry Trends on Business Strategy Industry trends significantly influence business strategy across various dimensions: Dimension Impact
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Data Mining Process 
This step often includes:
Descriptive statistics Data visualization Identifying patterns and relationships 2
...6 Evaluation After building the model, it is essential to evaluate its performance using various
metrics, such as: Evaluation Metric Description Accuracy The proportion of correct predictions made by
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Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Gründung eines Unternehmens. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte gut überlegt sein ...