Financial Factors
Corporate Governance
Accuracy
Data Exposure
Improve Risk Assessment with Data
Data Analysis
Data Mining for Improving Employee Retention
Performance Indicators
Enhancing Business Performance 
Key Performance Indicators (KPIs): Specific metrics that reflect the critical success
factors of an organization
...Financial, Customer, Internal Processes, Learning and Growth Six Sigma A set of techniques and tools for process improvement aimed at reducing defects and improving quality
...
Corporate Governance (K)
Transparency: Companies should provide clear and timely information regarding their operations and
financial performance
...Some emerging trends include: Increased Focus on ESG: Environmental, social, and governance (ESG)
factors are becoming more significant in investment decisions, prompting companies to adopt sustainable practices
...
Accuracy Factors Affecting Accuracy Several factors can impact the accuracy of data in business analytics and intelligence: Data Quality: Poor data quality can lead to inaccuracies
...Finance Accurate
financial forecasting is crucial for budgeting, investment decisions, and risk management
...
Data Exposure Causes of Data Exposure Several
factors contribute to data exposure in organizations: Human Error: Mistakes made by employees, such as misconfiguring security settings or failing to encrypt sensitive data
...be severe, affecting various aspects of an organization: Impact Description
Financial Loss Organizations may face significant costs related to data breach remediation, legal fees, and regulatory fines
...
Improve Risk Assessment with Data Analysis: Data can be used to simulate various scenarios, helping organizations understand the implications of different risk
factors ...Type of Data Description Examples
Financial Data Information related to financial performance and stability
...
Data Analysis (K)
Considering external
factors that may influence the data
...Basic data analysis,
financial modeling
...
Data Mining for Improving Employee Retention Understanding the
factors that influence retention is crucial for organizations aiming to maintain a stable and engaged workforce
...Cost Reduction: By reducing turnover rates, organizations can save on recruitment and training costs, leading to improved
financial performance
...
Performance Indicators Category Description Examples
Financial KPIs Measure the financial performance of an organization
...Overemphasis on Metrics: Focusing too heavily on performance indicators can lead to neglecting qualitative
factors that are equally important
...
Data Mining Techniques for Assessing Risks Fraud Detection: Identifying fraudulent transactions in
financial systems
...This method is particularly useful in identifying risk
factors that may not be immediately apparent
...
Historical Data Review Finance
Financial analysts utilize historical data to evaluate investment opportunities and assess risk
factors ...
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