Propose three business analytic techniques. Compare them and discuss at least two benefits and disadvantages of each.

Write a proposal in which you explain the importance of using business analytics.

Objectives of proposals:

 

1. Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios.
2. 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.
3. 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.
4. Propose three business analytic techniques. Compare them and discuss at least two benefits and disadvantages of each.
5. Create an implementation plan to integrate business analytics into your organization.
6. 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.