Explain the three basic categories of analytical business reports and provide at least one example of each type.
Following are the three basic categories of analytical business reports -------------
1. The first category includes reports written to assess opportunities. One example of this type is the market analysis report, which judges the likelihood of success for new products or sale initiatives by suggesting potential opportunities in a given market and identifying competitive threats and other risks. Due diligence reports, which examine the financial aspects of proposed decision, are also in this category. the second category includes reports written to solve problems. examples are troubleshooting reports, which managers assign when they need to understand why something isn't working properly, and failure analysis reports, which study past failures in an effort to avoid similar ones in the future. the third category of analytical business report written to support decisions. feasibility report are one type in this category. they are called for when managers need to explore the ramifications of a decision they're about to make. justification reports, written to justify decisions that have already been made also fall into this group.
Explain the three basic categories of analytical business reports and provide at least one example of...
Define the categories of diagnostic, pathology and therapy terms and provide at least one example of each
Question 1 (15 Marks) Define the three types of Business Analytics approaches. Categories the following techniques into their appropriate type of Business Analytics. Provide at least two examples for each of the following application areas and also explain how they are playing a crucial role in their appropriate category of Business Analytics. a) Expert Systems; b) Data Mining; c) Data Warehousing
Question 1 (15 Marks) Define the three types of Business Analytics approaches. Categories the following techniques into their appropriate type of Business Analytics. Provide at least two examples for each of the following application areas and also explain how they are playing a crucial role in their appropriate category of Business Analytics. a) Expert Systems; b) Data Mining; c) Data Warehousing
Question 2 Give three categories of management information and provide two qualities or characteristics of each category, and an example of each category. In a tabular format given below, name the three basic levels of financial information systems in a typical business organization and state in each case the kind of support that each give to management in decision making. Provide two sub-systems under each level. Basic Level Support to Management Sub-systems
Describe the basic differences between deductive reasoning and decision making. Provide at least one example from your daily life that illustrates each of these cognitive processes. Why can both of them be categorized as “thinking”?
Plz have at least 200words for each Explain sunk costs and opportunity costs. Provide a business example for each of these terms. What are the difficulties in preparing a sales budget? Explain and provide a business example for each accounting term: controllable costs and noncontrollable costs.
Coping outcomes can influence health through three main categories. What are these three categories? Provide an example of each category.
Analytical procedures are a critical part of audit work. Describe at least three (3) different analytical procedures and explain how to perform each. Specify what the results will reveal about the client
Analytical procedures are a critical part of audit work. Describe at least three (3) different analytical procedures and explain how to perform each. Specify what the results will reveal about the client
Analytical procedures are a critical part of audit work. Describe at least three (3) different analytical procedures and explain how to perform each. Specify what the results will reveal about the client.