✅ Class - 2
-
Definition and importance of Business Analytics in strategic decision-making
-
Types of analytics: Descriptive, Predictive, and Prescriptive
-
Key Frameworks in Business Analytics
-
CRISP-DM (Cross-Industry Standard Process for Data Mining): Phases and application
-
Balanced Scorecard: Connecting performance metrics with strategy
-
SWOT and PESTLE analysis: Analytical tools for business environments
-
Examples of frameworks used in marketing, operations, and finance
-
Data-Driven Decision Making
-
Importance of using data in strategic planning
-
Examples of successful data-driven companies
-
Developing Data-Driven Strategies
-
Collecting and analyzing relevant business data
-
Identifying Key Performance Indicators (KPIs)
-
Building actionable insights from data
-
Implementing Strategies