Business Analytics
Definition of Business Analytics Hierarchical Category as it relates to Business, Business Economics, Business Customer Service
Business Analytics is a field that utilizes statistical methods and technology for the systematic analysis of business data. It involves the application of models and methodologies to assist businesses in making data-driven decisions. This includes elements from business economics, such as market trends and financial analysis, to strategize and drive economic growth. Business customer service is also a crucial aspect, using data analysis to improve customer satisfaction and retention. Collectively, these elements under the umbrella of Business Analytics serve to enhance overall business performance and profitability.