Business Analytics Applications

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Questions and Answers

Which business analytics application is used to reduce waste and improve efficiency in company operations?

  • Personalized recommendations
  • Optimizing supply chains (correct)
  • Customer segmentation
  • Pricing optimization

What is the purpose of business analytics in customer segmentation?

  • To personalize content recommendations
  • To detect fraudulent activities
  • To predict equipment failures
  • To group customers based on common characteristics (correct)

Which of the following industries uses business analytics to anticipate equipment failures?

  • Manufacturing (correct)
  • Streaming services
  • Retail
  • Financial

What is the primary goal of business analytics in fraud detection?

<p>To protect consumers and prevent losses (A)</p> Signup and view all the answers

Which business analytics application is used to provide personalized content recommendations to users?

<p>Personalized recommendations (C)</p> Signup and view all the answers

Which of the following is NOT a real-world application of business analytics in business analytics research?

<p>Weather forecasting (B)</p> Signup and view all the answers

What is a potential research topic for a computer science thesis in Business Analytics?

<p>Supply Chain Optimization (B)</p> Signup and view all the answers

What is a key aspect of a Business Analytics thesis in computer science?

<p>Real-World Data Utilization (B)</p> Signup and view all the answers

What is an essential skill developed through a Business Analytics thesis in computer science?

<p>Hands-On Experience (A)</p> Signup and view all the answers

What is an interdisciplinary approach in a Business Analytics thesis in computer science?

<p>Combining computer science, statistics, business management, and data science (A)</p> Signup and view all the answers

What is the primary goal of a Business Analytics thesis in computer science?

<p>To have practical applications in the business context (D)</p> Signup and view all the answers

What is a potential methodology used in a Business Analytics thesis in computer science?

<p>Data analysis methods, statistical techniques, machine learning algorithms, and optimization models (D)</p> Signup and view all the answers

In the context of business analytics, what is the primary purpose of a thesis?

<p>To develop and analyze a research question through original empirical work or data analysis (A)</p> Signup and view all the answers

What is a common aspect of computer science and information systems?

<p>They are both multi-disciplinary in nature (A)</p> Signup and view all the answers

What is one of the purposes that a thesis project can serve?

<p>To prepare for working life by practicing skills and knowledge on real-world problems (C)</p> Signup and view all the answers

What areas do computer science and information systems span?

<p>A wide range of topics, including artificial intelligence, CASE tools, database systems, and more (B)</p> Signup and view all the answers

What is another purpose that a thesis project can serve?

<p>To prepare for graduate studies by exploring a research problem and learning about the research process (A)</p> Signup and view all the answers

What is the primary focus of a thesis project in business analytics?

<p>Studying a subject in more depth (C)</p> Signup and view all the answers

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