Operational Assessment
Opportunities
Data Understanding
Risk Management
Data Mining Applications
Data Interpretation
Applications
Risk Analysis
Profitability 
Understanding profitability helps stakeholders make informed decisions regarding investments,
operational efficiency, and strategic planning
...Risk
Assessment: Analyzing potential risks that could impact profitability and developing mitigation strategies
...
Opportunities Benefits Data-Driven Decision Making Utilizing data analytics to inform business strategies and
operational decisions
...Enhanced risk
assessment, reduced financial losses, and improved compliance
...
Data Understanding Data Quality
Assessment: Evaluating the data for accuracy, completeness, and reliability
...Sales Records, Customer Feedback,
Operational Data External Data Data obtained from outside the organization
...
Risk Management These can be categorized into various types, including
operational, financial, strategic, compliance, and reputational risks
...Risk
Assessment: Once risks are identified, they must be assessed based on their likelihood of occurrence and potential impact
...
Data Mining Applications context, data mining has a wide range of applications that can significantly enhance decision-making processes and improve
operational efficiency
...Operational Risk
Assessment: Businesses can analyze operational data to identify and mitigate risks associated with their processes
...
Data Interpretation context of business analytics, data interpretation plays a vital role in understanding market trends, customer behavior, and
operational efficiency
...Sales forecasting, risk
assessment ...
Applications leverage data mining techniques to extract valuable insights from large datasets, aiding in decision-making processes, enhancing
operational efficiency, and driving strategic initiatives
...Businesses apply predictive models to various areas, including sales forecasting, inventory management, and risk
assessment ...
Risk Analysis It can be applied in various fields, including finance, project management, and
operational strategy
...Risk
Assessment: Evaluating the likelihood and impact of identified risks, often using qualitative and quantitative methods
...
Conditions role in data analysis and business analytics: External Conditions Internal Conditions Market Conditions
Operational Conditions Regulatory Conditions External Conditions External conditions are factors outside of an organization that can impact its performance
...Strategic planning and risk
assessment ...
Importance of Statistical Analysis in Business Financial Analysis: Evaluating financial performance and risk
assessment ...Identifying Trends and Patterns: Businesses can uncover trends in consumer behavior, market dynamics, and
operational efficiencies
...
Mit guten Ideen nebenberuflich selbstständig machen 
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 ...
Deutsch
Österreich
Italiano
English
Français
Español
Nederlands
Português
Polski
