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.

Note
Related Categories