Informed Decision Making
Communication
Statistical Techniques Overview
Data
Data Integration
Strategy Development
Reporting
Data Mining Techniques for Policy Development
Analyze Performance Metrics 
Importance of Analyzing Performance Metrics Analyzing performance metrics is crucial for several reasons:
Informed Decision-
Making: Organizations can make data-driven decisions by analyzing performance metrics, leading to improved outcomes
...
Knowledge 
such as explicit knowledge, tacit knowledge, and procedural knowledge, each serving unique purposes in business analytics and
decision-
making processes
...Tacit Knowledge Decision Making Using insights to make
informed business decisions
...
Communication 
Effective communication is critical for the successful operation of any business, as it influences
decision-
making, employee engagement, and overall organizational performance
...Aspect Importance Decision-Making Facilitates
informed decisions through the sharing of relevant data and insights
...
Statistical Techniques Overview 
Statistical techniques are essential tools in business analytics, enabling organizations to make
informed decisions based on data analysis
...They provide a framework for
making data-driven decisions, enhancing operational efficiency, and improving customer satisfaction
...
Data 
Data refers to the collection of facts, statistics, and information that can be analyzed to gain insights and support
decision-
making ...Importance of Data in Business Data is essential for businesses for several reasons:
Informed Decision-Making: Data enables businesses to make informed decisions based on factual evidence rather than intuition
...
Data Integration 
In the context of business, it plays a critical role in enabling organizations to make
informed decisions based on comprehensive data analysis
...Importance of Data Integration Data integration is vital for various reasons: Enhanced Decision
Making: By consolidating data from multiple sources, organizations can gain insights that drive better decision-making
...
Strategy Development 
Monitoring and Evaluation: Establishing metrics and processes for assessing progress and
making necessary adjustments
...Used in the environmental analysis phase to inform
decision-making
...The integration of business analytics enhances this process, providing valuable insights that drive
informed decision-making
...
Reporting 
Reporting is a crucial aspect of business analytics that focuses on the collection, analysis, and presentation of data to inform
decision-
making processes
...The ultimate goal is to present information in a clear and concise manner that aids stakeholders in making
informed decisions
...
Data Mining Techniques for Policy Development 
In the context of policy development, data mining techniques can significantly enhance
decision-
making processes by providing evidence-based insights
...techniques into policy development offers several benefits: Enhanced Decision-Making: Data-driven insights lead to more
informed decisions
...
Data Quality Assessment 
In the context of business, business analytics, and machine learning, data quality is crucial as it directly impacts
decision-
making, operational efficiency, and overall business success
...Importance of Data Quality High-quality data is essential for various reasons:
Informed Decision Making: Accurate data leads to better insights and more informed business decisions
...
Geschäftsiee und Selbstläufer 
Der Weg in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. vor Gründung des Unternehmens. Ein gute Geschäftsidee mit neuen und weiteren positiven Eigenschaften wird zur
"Geschäftidee u. Selbstläufer" ...