Write a proposal in which you explain the importance of using business analytics.
Objectives of proposals:
- Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios.
- Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addressing any disadvantages. Include at least 3 benefits and disadvantages.
- Address any challenges the organization may face using business analytics, as well as how the organization can be proactive in addressing the challenges. Be sure to address at least 3 challenges.
- Propose three business analytic techniques. Compare them and discuss at least two benefits and disadvantages of each.
- Create an implementation plan to integrate business analytics into your organization.
- Create a backup proposal in case management does not approve your initial proposal. The backup proposal should have at least 3 changes different from the original plan.