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FBA > FBA GROUP 4 & 5 > Flashcards

FBA GROUP 4 & 5 Flashcards

1
Q

An interactive data visualization and analysis tool, enabling the presentation, monitoring, and examination of key performance indicators (KPIs) and metrics.

A

BUSINESS DASHBOARDS

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2
Q

FIVE TYPES OF BUSINESS DASHBOARDS

A
  1. Simple Web Analytics
  2. Sophisticated Web Analytics
  3. Operational Dashboards
  4. Strategic Dashboards
  5. Tactical Dashboards
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3
Q

BENEFITS OF BUSINESS DASHBOARDS

A
  1. Better Decision-Making
  2. Real-Time Insights
  3. More Collaboration
  4. Improved Data Accessibility
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4
Q

CHALLENGES AND SOLUTIONS FOR ANALYTICS DASHBOARDS

A
  1. Data Accuracy and Reliability
  2. Dashboard Customization
  3. User Experience and Adoption
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5
Q

DEVELOPING YOUR CUSTOM ANALYTICS DASHBOARD

A
  1. Define the dashboard’s objective and purpose
  2. Choose your metrics and KPIs
  3. Source your data
  4. Choose your dashboard creation
  5. Design your dashboard
  6. Integrate and clean your data
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6
Q

Marketing refers to the activities, strategies, and processes organizations use to create, communicate, and deliver value to customers.

A

MARKETING ANALYTICS

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7
Q

APPLICATIONS OF ANALYTICS IN MARKETING

A
  1. Customer Segmentation
  2. Predictive Analytics for Campaigns
  3. Pricing and Promotion Optimization
  4. Social Media and Web Analytics
  5. Customer Lifetime Value (CLV)
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8
Q
  • the management of money, investments, and financial resources within an organization.
  • It involves making decisions about budgeting, investing, risk management, and financial planning to ensure the long-term financial health of the organization.
  • encompasses various activities such as capital budgeting, financial reporting, and cash flow management, all of which are supported by data analysis in modern businesses.
A

FINANCE ANALYTICS

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9
Q

APPLICATIONS OF ANALYTICS IN FINANCE

A
  1. Risk Management
  2. Investment Decisions
  3. Fraud Detection
  4. Financial Forecasting
  5. Performance Metrics
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10
Q

APPLICATIONS OF ANALYTICS IN OPERATIONS

A
  1. Supply Chain Optimization
  2. Production and Capacity Planning
  3. Inventory Management
  4. Quality Control
  5. Workforce Optimization
  6. Maintenance Scheduling
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11
Q

IMPORTANCE OF ANALYTICS IN THESE AREAS

A
  • Data-Driven Decisions
  • Cross-Functional Collaboration
  • Emerging Trends
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12
Q

Operations refers to the processes involved in the production and delivery of goods and services within an organization.

A

C. OPERATIONS ANALYTICS
Operations refers to the processes involved in the production and delivery of goods and services within an organization.

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FBA (3 decks)

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