Question: The assignment is to identify and analyze business analytics techniques that companies use in their business nowadays. Select 3 business analytics techniques from the list
The assignment is to identify and analyze business analytics techniques that companies use in their business nowadays. Select 3 business analytics techniques from the list below. o Association analysis (Data mining) o Sequences analysis (Data mining) o Classification analysis (Data mining) o Clustering analysis (Data mining) o Text mining o Web mining Identify one real-life example from companies for each business analytics technique you selected in the first step above. Collect and analyze information about business analytics techniques that you have selected as your assignment. You should make your discussions from a business perspective, not a technical perspective. Answer all of the following questions for each example that you have selected as your assignment. o Explain why a real-life example belongs to which business analytics techniques. Prove and support your idea. o Previous problems and new challenges created by the use of business analytics techniques: Explain what problems companies previously had before the use of business analytics techniques. Explain how the use of business analytics techniques solves the problems that companies previously had. Explain what challenges newly created by the use of business analytics techniques. o Competitive Advantage: Explain what competitive advantages the use of business analytics techniques creates for a company. Explain how the use of business analytics techniques creates these competitive advantages.

The assignment is to identify and analyze business analytics techniques that companies use in their business nowadays. o . Select 3 business analytics techniques from the list below. o Association analysis (Data mining) Sequences analysis (Data mining) Classification analysis (Data mining) O Clustering analysis (Data mining) o Text mining Web mining Identify one real-life example from companies for each business analytics technique you selected in the first step above. Collect and analyze information about business analytics techniques that you have selected as your assignment. You should make your discussions from a business perspective, not a technical perspective. Answer all of the following questions for each example that you have selected as your assignment o Explain why a real-life example belongs to which business analytics techniques. Prove and support your idea. Previous problems and new challenges created by the use of business analytics techniques: Explain what problems companies previously had before the use of business analytics techniques. Explain how the use of business analytics techniques solves the problems that companies previously had. Explain what challenges newly created by the use of business analytics techniques. o Competitive Advantage: Explain what competitive advantages the use of business analytics techniques creates for a company. Explain how the use of business analytics techniques creates these competitive advantages
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