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</p> Signup and view all the answers

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

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

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