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Case Study sample solution on Topics - The Role of Data Analytics in Strategic Decision-Making

The appended case study shows how companies use data to make their business decisions. It discusses trend prediction, improvement in results, and the commonly faced business problems.
1.Does data analysis help in decision-making?
Data analytics is essential to predict the direction of results. It identifies patterns and helps managers to decide which step to choose for better results in the organisation. 
2. What are the common problems faced during data analysis?
Problems faced include incomplete data with errors, high costs of tool setup, and costs for training workers to use the setup. 

 

Case Study sample solution on Topics - The Role of Data Analytics in Strategic Decision-Making 0 Case Study sample solution on Topics - The Role of Data Analytics in Strategic Decision-Making 1
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