Question

Discuss how an organization of your choice could benefit from using data analysis.

Discuss how an organization of your choice could benefit from using data analysis.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

An e commerce organization can use data analysis by targeting a particular set of customers with a particular range of product.

Suppose the e commerce knows my age that I am an young customer so it can advertise some specific products which are used by this age group like a ps4, which an old person won't buy generally so it can determine the particular set of customers for it's product from it's range of product. It can also analysis my search history to give better product advertisment.

..

Similarly an online streaming platform can use my watch movies to recommend me some new movies or show by analysing my data

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Choose any multinational organization of your choice (actual/fictitious) and discuss fully how the organization has implemented...
Choose any multinational organization of your choice (actual/fictitious) and discuss fully how the organization has implemented and sustained Diversity. (Not more than five A4 pages) (b) Identify and discussed fully how the above multinational organization utilizes both primary and secondary dimensions of diversity in respect of the workforce of the organization.
acknowledgement: how will your goal accomplishments impact you personally and professionally? how will your organization benefit...
acknowledgement: how will your goal accomplishments impact you personally and professionally? how will your organization benefit from the changes or improvements you identify?
Select a company or organization and post your thoughts concerning how data could be used to...
Select a company or organization and post your thoughts concerning how data could be used to improve their operations or efficiency. Keep your focus on the internal workings of the company, NOT their interaction with customers (e.g. steer clear of marketing or sales).limited to five grammatically-correct sentences.
Discuss the common communication barriers you have seen in your organization or an organization with which...
Discuss the common communication barriers you have seen in your organization or an organization with which you are familiar. How could they be overcome?
Explain how a health care organization could or did use the data to improve the quality...
Explain how a health care organization could or did use the data to improve the quality of patient care and the implications of using data that is not valid ( following concepts: data recovery, data integrity, and/or data reliability related to health care databases).
Discuss the role of regression analysis in business by using examples of how these models might...
Discuss the role of regression analysis in business by using examples of how these models might work to make predictions. In your discussion, consider the various components of the output and how it might be of value to understanding the data.
How are data used in your business / organization? Is it basic reporting or advance predictive...
How are data used in your business / organization? Is it basic reporting or advance predictive analysis and data mining? What questions are being answered? How are strategic business decisions being made in your organization? Can you provide an example of a business decision that did or did not leverage data in your organization, what were the results? If you do not work for an organization right now, do a Google search to find the answers to the questions above...
In Education, How could the use of appropriate (or inappropriate) data analysis techniques affect the evaluator's...
In Education, How could the use of appropriate (or inappropriate) data analysis techniques affect the evaluator's credibility? How does technology play a role in the analysis? Provide examples from your experiences. Please respond in a paragaph or more.
My organization does use a statistical analysis tool. SAS is not being used by your organization,...
My organization does use a statistical analysis tool. SAS is not being used by your organization, but what benefits could this small electrical components manufacturing business realize from migrating to SAS?
In a 200 word posting using any organization of your choice, respond to the following question:...
In a 200 word posting using any organization of your choice, respond to the following question: What e-commerce related supply chain strategies have been deployed? What have been some of the practical consequences of these supply chain decisions both positive and negative. How have these decisions potentially affected customer satisfaction for the organization?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT