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Questions and Answers
What is the first step in business data analytics?
What is the first step in business data analytics?
- Conducting stakeholder engagement
- Formulating analytics questions
- Identifying the business problem or opportunity (correct)
- Conducting various problem analysis techniques
Which of the following is NOT true about stakeholder engagement in business data analytics?
Which of the following is NOT true about stakeholder engagement in business data analytics?
- It is important to avoid jumping into a solution focus
- It happens in parallel with business problem discovery
- It happens after business problem discovery (correct)
- It is important to identify the right stakeholders
What are some examples of elicitation techniques used in business data analytics?
What are some examples of elicitation techniques used in business data analytics?
- Interviews, job shadowing, and surveys
- Job shadowing, surveys, and workshops
- Interviews, surveys, and workshops
- Interviews, job shadowing, surveys, and workshops (correct)
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Study Notes
- Defining the business problem or opportunity is the first step in business data analytics.
- It is important to identify the right stakeholders and avoid jumping into a solution focus.
- Business problem discovery and stakeholder engagement happen in parallel.
- Business data analytics can help solve problems or uncover opportunities.
- Various business analysis elicitation and problem analysis techniques are used to obtain necessary information.
- The outcome is identifying the business problem that may lead to research questions/problems.
- Further analysis is conducted to formulate the right analytics questions.
- Elicitation techniques include interviews, job shadowing, surveys, and workshops.
- Business and organizational knowledge are useful in facilitating discussions.
- The task is iterative and not sequential.
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