Financial Performance Evaluation
Sourcing
Data Mining for Evaluating Customer Journey
Analyzing Operational Data with BI
Impact
Capital Budgeting Techniques and Practices
Competitive Analysis
Statistical Analysis in Business Management
Utilizing Statistics in Business Strategy Development 
Performance Measurement: Businesses can use statistical tools to measure and analyze performance metrics
...Used for
financial forecasting and inventory management
...Human Resources In human resources, statistical analysis is utilized for workforce planning, employee performance
evaluation, and satisfaction surveys
...
Sourcing 
Sourcing in the context of business, business analytics, and
financial analytics refers to the process of finding, evaluating, and selecting suppliers or vendors to provide goods or services to a company
...Supplier
Evaluation: Assessing potential suppliers based on criteria such as quality, cost, reliability, and reputation
...Monitoring and Review: Continuously monitoring supplier
performance and periodically reviewing the sourcing strategy to identify areas for improvement
...
Data Mining for Evaluating Customer Journey 
customer journey refers to the series of interactions that a customer has with a brand, from initial awareness to post-purchase
evaluation ...Sentiment analysis of customer reviews can also provide insights into product
performance ...Financial Services Financial institutions utilize data mining to evaluate customer interactions across various channels, assess credit risk, and detect fraudulent activities
...
Analyzing Operational Data with BI 
It encompasses various types of data, including: Transactional data Customer data Supply chain data
Financial data Employee
performance data 2
...Root cause analysis, performance
evaluation Predictive Analytics Uses statistical models and machine learning techniques to forecast future outcomes
...
Impact 
Understanding impact is crucial for businesses as it helps in evaluating the effectiveness of strategies, forecasting future
performance, and making informed decisions
...These changes can be positive or negative and can affect various aspects of an organization, including:
Financial performance Customer satisfaction Market share Operational efficiency Employee engagement 2
...Performance
Evaluation: Measuring impact allows businesses to evaluate the success of campaigns, projects, and overall strategies
...
Capital Budgeting Techniques and Practices 
Capital budgeting is a critical aspect of
financial management for businesses
...Regular Review and Monitoring Continuously monitoring and reviewing capital budgeting decisions to assess the
performance of investments and make adjustments as needed to optimize returns
...Cost of Capital
Evaluation Accurately assessing the cost of capital to determine the minimum return required for an investment to be considered financially viable
...
Competitive Analysis 
Financial Reports: Examining competitors' financial
performance ...Bias in Interpretation: Analysts may have biases that affect their
evaluation of competitors
...
Statistical Analysis in Business Management 
Performance Measurement: Assists in evaluating the effectiveness of business strategies and operations
...Sales reports,
financial summaries, customer demographics
...Human Resources In human resources, statistical analysis is utilized for employee performance
evaluation, recruitment, and retention strategies
...
Statistical Techniques for Managers 
In the realm of business analytics, statistical techniques play a crucial role in enhancing the overall
performance and strategic direction of organizations
...Variance Analysis Variance analysis is a quantitative method used to assess the differences between planned
financial outcomes and the actual financial performance
...conclusion, statistical techniques for managers are essential tools that facilitate informed decision-making, performance
evaluation, and strategic planning in a business environment
...
Statistical Assessment 
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 ...