Sunday, December 22, 2019

Business Analysis Business Analytics Essay - 944 Words

Business Analytics Business Analytics, is a system that use various techniques and processes to gather information to used be used to make business decisions. The data is used to answer a question. Often this is used in marketing. It helps to take away some of the â€Å"guess work† out of who market will target. This process has been credited with increasing the ability of organizations to be more competitive. Just as important as collecting data is the ability to interpret and apply the data. Essential to a Business Analyst success is, the support from an International Technological (IT) team. If costly technical systems are not used and maintained properly, it could the system to malfunction. This could produce inaccurate results in the data. Incorrect data could cost the organization greatly. The data can be used to detect fraud, as well as exploring science. The Business Analyst must delete the data that cannot be used. The data produced patterns is then analyzed. Then information is forwarded to the appropriate people. The information is used to create a plan. The role of a Business Analyst is valuable. So are the tools they use. Multipolar Analytics A system that collects data, then analyze it in multiple places in the organization is using Multipolar Analytics. The exact system component will vary depending on the type of data and analysis the system will need to output. The Multipolar Analysis include systems that use traditional operationalShow MoreRelatedBusiness Analysis : Business Analytics Essay1990 Words   |  8 PagesBusiness Analytics is focused on the latest business intelligence tools, technology and trends for business executives who plan, build, and use business intelligence products and solutions. Today great business intelligence and analytic technologies are allowing big companies to go big, go fast, go deep, go cheap and go mobile with business data. 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As a result, organizations must continually realign their operations to meet these business environment pressures and challenges by being as responsive as possible to both their customers and competitors. One such tool that organizations and businesses can enlist in order to build stronger capabilities, improve performance, undertake better decision makingRead MoreAnalysis Of Tencent : A Chinese Investment Company Established By Huateng Ma And Zhidong Zhang1743 Words   |  7 PagesInternet service users in China. The position of Tencent to competing on analytics is to use analytics to ensure the leader position above Chinese Internet companies. Also, it actually has the ability to compete with other companies on analytics. As one of biggest company in the world, Tencent has the great ability to get the data through their social media platforms. Business has different degrees including reporting and analytics. By the data they got, Tencent not only can get what is happening withRead MoreThe Year I Won Chess Nationals817 Words   |  4 Pageshelped me make the right moves. Years later, working at a management consulting startup as a business analyst, I helped clients, ranging fledgling startups to industry leaders, make well-informed decisions by providing them with data-backed business intelligence. Today, with over three years’ experience in Management and IT consulting I feel prepared to make the most out of a Master’s program in business analytics that would help me realize the power that data and the value that could be extracted fromRead MoreThe Association For Manufacturing Technology1728 Words   |  7 Pagesof our members’ businesses. As that active partner, AMT facilitates networking, collaboration, technology awareness, business opportunities, and productivity solutions.†[1] One of the main areas AMT invests a considerable amount of time and money towards satisfying its mission, is by leveraging business intelligence for internal operational improvement in addition to offering business intelligence products and services. Creating Competitive Advantage Within the Four Pillars Over the course of its entireRead MoreBrief Overview of Business Intelligence and How Walmart Uses It858 Words   |  4 PagesBrief Overview of Business Intelligence and How Walmart Uses It Walmart is the biggest retailer in the world and handles more than one million customer transactions every hour and generates more than 2.5 petabytes of data storage (Venkatraman amp; Brooks, 2012). To put this into perspective, this data is equivalent to 167 times the number of books in America’s Library of Congress (Venkatraman amp; Brooks, 2012). So how can Wal-Mart use this massive amount of data and what useful informationRead MoreHow Organizations Are Competing On Analytics Essay1785 Words   |  8 PagesOrganizations are competing on analytics not just because they can- business today is awash in data and data crunchers- but also because they should. At a time when firms in many industries offer similar products and services, and use comparable technologies, businesses are among the last remaining points of differentiation. And analytics competitors wring every last drop of value from those processes. So, like other companies, they know what products their customers want, the prices they are willingRead MoreBusiness Analysis : Large Amounts Of Data Essay2189 Words   |  9 PagesBusiness analysis is a significant aspect of any business and company. This is mainly because change is the only constant thing that needs to be constantly dealt with. Change can happen in both your target market and in the industry your business or company belongs to, and for your business to survive and succeed despite these changes, proper business analysis must be conducted at the right time. In such a cutthroat business environment, business analysis is essential in order to maintain competitivenessRead MoreThe Importance Of A Business Intelligence Competence Center1854 Words   |  8 Pages In times where analytics is being used everywhere I think it is high time that universities and colleges all over the world start using analytics to become an analytical competitor. Anna University, College of Engineering Guindy, where I studied is one of the 523 engineering colleges affiliated to Anna University in the state of Tamil Nadu, India. Competing on analytics would help CEG to differentiate itself among the 523 colleges. The college was started early in the year 1930’s, so there are

Saturday, December 14, 2019

Many students expand their view of the world during Free Essays

There was a time when the world we live in was in a somewhat peaceful mode. There was existing discord among countries and there were political and social misunderstandings being resolved but overall, there was a semblance of a fragile peace and tolerant understanding of each others problems, race, and gender. That all changed overnight after the events of September 11. We will write a custom essay sample on Many students expand their view of the world during or any similar topic only for you Order Now Overnight, the tolerance and fragile peace existing between our country and those of the Middle East, Europe, and Asia was thrown into a dizzying tailspin. Everything that we thought we knew about our middle-eastern neighbors was thrown out the window and they suddenly became an almost persecuted race worldwide. This loss of tolerance and understand towards the Middle Eastern nationals saddens me no end. Perhaps it is because, even though I was born and raised as an American, my family’s roots are deeply entrenched in the Middle East. I lived eleven years of my life as a citizen of the Middle East. Â  I am one of them. Therefore, I understand the culture and religion even though I am now more influenced by my westernized upbringing. Even though my parents tried hard to instill some of our Old World value into me, it was a struggle for me to identify with the traditions and ways they wanted me to follow. No one else in my social circle had to follow the same norms as set by their family that I did. Eventually, the western ways won out and I forgot what it was like to be a Mid Easterner. This is why I believe that the person or classmate who will have a tremendous impact on my life while in college will be someone who is an exchange student or foreign national enrollee from any part of the Middle East. The reason I believe this is because; I have slowly come to realize that the people from the Middle East have been suffering from prejudice since the events of 9/11. The race has been judged collectively and branded by the world as terrorists. All member countries of that eastern block have been judged by the decisions and acts of a few misguided people from their area of the world. It is time for us to stop the prejudice. It is time to stop the war. It is time for us, as the free leader of the world, to stop, analyze and think about what we are doing to those people. It could be an act of veiled of revenge already on our part. That understanding can start small and trickle down. It can start with me. I would expect that this potential classmate of mine to help me understand where the prejudice comes from. Why do we see them in such bad light? How do they view us as a nation? I believe that a fellow Middle Easterner student and I will be able to relate and have many things in common. Â  He may not be from the country my parents come from. But, he will at least share the same beliefs and traditions as my parents and maybe, just maybe, I can learn even more from him about my roots and traditional heritage. Those things and lessons will be fun for me to encounter because I missed out on those things when my family moved to the United States. Since he will be like a mentor to me, I also expect to learn other things from him. I expect to learn more about tolerance for others who may not understand from him. He can show me how to deal with the situations he faces everyday. I have been known to have a short attention span so dedication and effort are not really very strong points in me as a student and person. I am hoping that he will be able to teach me that since Middle Easterners are known for their tolerance and patience in the face of adversity. Aside from those specific things, I know that I will learn a lot in terms of life lessons from him or her simply by observing the person as his or her daily life unfolds. Everyday is a learning experience for everyone, he or she can be my out of class mentor, friend, and ally if need be. How to cite Many students expand their view of the world during, Essay examples

Friday, December 6, 2019

Competitive Positional and Problem Solving Interest Based Negotiation

Question: Discuss about the Competitive Positional-Based Negotiation And Problem Solving Interest Based Negotiation. Answer: Introduction In systems that contain a variety of agents, there is a need for them to interact freely and openly so that they can be able to fulfill their dreams, objectives and improve their performance (Caverley, Cunningham and Mitchell. 2006. p 64). This general manager has taken a very important step as there exists a need in coming up with a mechanism that facilitate exchange of information, coordination, collaboration and conflict solving mechanisms among the members in the company. Sometimes workers experience shortages, uncertainties and false information thus they are unable to make viable decisions about the company or addressing a problem whenever a need arise. Negotiation process is very important since it aids in acquiring and modifying preferences in human negotiations. Through the performance of different viable approaches of interactions that involves discussing of the desires and interests of the participants, there are high chances of individuals increasing and improving the quality of their negotiations. (Irmer and Druckman 2009. P 224-225). Similarly, our main motive is trying to realize benefits through the process of providing the agents and workers the capability to carry out discussions on interests during negotiations. We shall research how both the competitive and problem solving negotiations approaches calls for open illustration of the relationship connecting both goal and values of the workers. We seek to determine at the end how this models captures the different forms of relationships connecting main objectives, sub-goals, excellent goals and values and conclude which fits for this company. We shall also research on a variety of arguments that can be used to justify the strength and weakness of these approaches and demonstrate the manner in which these arguments might affect the companys new implemented objectives and ultimately its preference on potential discussions. Comparison in differences and advantages of competitive positional based compared to problem solving interest-based negotiation shall be determined. Finally, we seek to discuss some of the different reasons that will act as a motivation in adoption of any of the approach by the company. Objectives To evaluate competitive and interest based negotiation approaches. To evaluate the features of each approach To determine the best approach of negotiation that will suit Barbaras company. Methodology It is very important to know how to conduct a research and identify credible methods that will enable the researcher to come up with desired data or information. It will be of great importance that we work with a variety of information so that we can have the best hypothesis for our paper. Null hypothesis is very crucial as it helps in disapproving something hence in our case we shall end up disapproving one approach. Most of the sources that I used to gather a lot of my data are other peoples work. Information analysis There exist two important forms negotiations which are basically competitive position based and interest-based. Substance is very important when it comes to position based negotiation and the main actual item being negotiated about remains the point of focus for both parties (Davis and Smith 2003. p 57). Negotiations in position based approach view the other party as an opponent who need to be defeated. Every party has tendency of self-serving with the main aim of seeking glory over the other and prefer their own pre-determined solutions that they consider to be better off and in case of giving up, they accept it but with a lot of grudges (Wagner 2008. p 67). The main problem associated to position based negotiations is that it always breeds to resentment. The outcome of one party winning make the other one experience a loss , thus tend to step aside with a mood of resentment and thus possibility of attempting return with an aim of compensating themselves on what they have lost in one way or another (Corken, and McGreevy 2016. p 206). If in any case you are going to work with the other proponent for a prolonged duration and on a project that is too long to mention, there is a possibility that a win-lose result in dialogues will have an impact that may deposit the beginning for bitterness and permanent conflict (Noce, Bush and Folger 2002. p 30). Similarly, on competitive negotiation, substance is also considered to be very important in interest based negotiation. This method of discussion puts into consideration the essence of association particularly if the two parties work in a mutually supportive way in achieving a common goal or objective. The main motive and agenda in interest based is reaching a mutually acceptable result that will benefit the two parties. Their interest must be achieved and in case of emergence of a challenge, it is the responsibility of the participants to address it without accusing any individual (Corken and McGreevy 2016 p 7). If both parties achieve, people yield to objective criteria which the two sides can reach to an agreement on practicing fairness and legitimacy. the outcome is achieved when credibility is attained between the two sides in interest based negotiation as they continue to come up with a relationship of trust (Covey and Brown 2001. p 3). The traditional measures of success in positional based bargaining focus on outcomes that are self-serving in achieving majority of the compromises, breaking the other partys bottom line and finally receiving the final benefit. In position based negotiations, the negotiators try to enhance their reputation by their capacity to outwit their enemies (Covey and Brown 2001. p 7). The fact that parties always tend to focus strictly on the number of concessions that makes them end up in losing those that are important to their constituent is the major challenge and problem mostly experienced in getting the most concession in a negotiation(Elgstrm andJnsson 2000. p 695). One party might end up getting more than the other but this is not always better and breaking the bottom line is not an always wise strategy. Both power and influence are important ingredients in interest based negotiation. Control of time, personal power and the control of information are the three basic factors that tend to heavily influence the course of negotiation (Nolan-Haley and Hinds 2003. p 364). The basic principle of interest based negotiations is emerging with a better understanding of both your interest and that of your party and later develop options that are creative that will be able to address those issues. This approach is viable since it raises the chances of establishment of a viable relationship between the two parties and reaching results that can be termed as mutually beneficial. In order of introducing standards that can be agreed upon by the two parties, persuasive principles or criteria of fairness and legitimacy are put into application. (Feldman et al. 2006. p 91-92). It is very important to know that not every negotiation is successful but having livable choices in the events the dialogue becomes unsuccessful, one may get the chance of enhancing their assurance and competency in attempt to control the other party (Hopmann 1995. p 34). In interest based negotiations, power is basically used not against the people but rather to create a condusive working environment influence with colleagues. The main objective of this approach is to bring people to realization of who they are than making them feel inferior. The initial stage in Interest based negotiation model is preparation which later introduce a process of reaching solution that are mutually beneficial (Hopmann 1995. p 37). Conflict can emerge at any time of the negotiation process or preparation process within the team and hence settling personal differences before starting any negotiation is very important. (Hopmann 1995. p 44). In competitive negotiations, it is assumed to be a game of zero summation since the amount to be gained by both parties is fixed and are based on win-lose situation. (Kelman 2006. p 16). It can therefore be argued to be a circumstance where a piece of an orange is being fought for where if one child gets the other one does not. There is existence of dont care attitude in competitive negotiation where each party thinks about its own issues without minding about the other. (Lynch 2001. p 208). There exist risks that are associated with rigidly applying each of the negotiation approach (Menkel-Meadow 2001. p 96). For instance, competitive is biased when it comes to confrontation thus calling for the use of force and pressurization. Therefore it tend to be unfriendly on relationship leading to mistrust, rejection, feeling frustrated and furious leading to collapse of negotiations and destruction of communication thus yielding not only misjudgments but also misinformation (Miller et al. 2010. p 179). Findings In the process of gathering the data from different articles, it was found that there exists some elements characterizing each type of negotiation. The aim was to bring to light the important outcome on the results thus we can be able to effectively plan for their use. From these data it was realized that only a small percentage of negotiators in a society make use of chances style planning and analysis represents effectively. This stands to be an important selective area for both internal planning strategy development and external negotiation (Nickerson and Zenger 2004. p 619). Conclusion Ultimately, negotiation is a process that can be approached in a number of ways regardless of the strategy chosen and success depends on how well an institution is prepared. The most important thing in negotiation is coming up with a benefiting result and this is dependent on the ability of the negotiator to consider the entire element pertaining an issue and carefully weigh the validity of the options available. It is compulsory for the negotiators to be able to coordinate the event in order and at the same time try to be as fair and honest as the situation allows. Since the party in the negotiation table have the aim of reaching a common ground, the negotiators can benefit by trying to capitalize on this common ground. The workers in this company should change their attitude on their negotiating skills by viewing the other side as a partner rather than viewing them as opponent and work together. They should be aware that they hold the power and skills in modeling answers that will make both parties to feel contented. Recommendation From this analysis of the two approaches of negotiations, it can be recommended that Barbara apply interest based approach since it has fewer risk associated to it. The outcomes that it yields tend to be more satisfying to each party as opposed to those of competitive negotiations. The viewpoints of position based are not only opposing but also they are fixed and the ultimate outcomes are either compromise or no agreement. There is a likelihood of the failure of meeting the needs of the disputants which leads to division of the differences of the two positions due to these compromises. This at the end makes each party only achieve a half of what they really required. On the other hand interest based enhances balance and equality by issuing each party with what they needed. Solutions offered in interest based approach are entirely more rewarding for all parties in the negotiations as their desires and issues are addressed and met with equity. The entire process calls for collaboration thus there is support and assistance by both parties and this make sure that there are no malicious intentions by the time conclusion has been reached in the negotiation. Between the two parties, this approach enhances positive and constructive relationships. References Caverley, N., Cunningham, B. and Mitchell, L., 2006. Reflections on public sector-based integrative collective bargaining: Conditions affecting cooperation within the negotiation process. Employee Relations, 28(1), pp.62-75. Corken, R. and McGreevy, P., 2016. Good negotiation and land-use planning: the status of negotiation in the NSW planning profession. Australian Planner, 53(3), pp.201-210. Corken, R. and McGreevy, P.D., 2016. Organizations, people and policies: barriers to good negotiation in the NSW planning system. Australian Planner, pp.1-8. Covey, J. and Brown, L.D., 2001. Critical cooperation: An alternative form of civil society-business engagement (Vol. 17). Boston, MA: Institute for Development Research. Davis, R. and Smith, R., 2003. Negotiation as a metaphor for distributed problem solving. Communication in Multiagent Systems, pp.51-97. Elgstrm, O. and Jnsson, C., 2000. Negotiation in the European Union: bargaining or problem-solving? Journal of European Public Policy, 7(5), pp.684-704. Feldman, M.S., Khademian, A.M., Ingram, H. and Schneider, A.S., 2006. Ways of knowing and inclusivemanagement practices. Public Administration Review, 66(s1), pp.89-99. Hopmann, P.T., 1995. Two paradigms of negotiation: Bargaining and problem solving. The Annals of the American Academy of Political and Social Science, 542(1), pp.24-47. Irmer, C. and Druckman, D., 2009. Explaining negotiation outcomes: Process or context? Negotiation and ConflictManagement Research, 2(3), pp.209-235. Kelman, H.C., 2006. Interests, relationships, identities: Three central issues for individuals and groups in negotiating their social environment. Annu. Rev. Psychol., 57, pp.1-26. Lynch, J.F., 2001. Beyond ADR: A systems approach to conflict management. Negotiation Journal, 17(3), pp.206-216. Menkel-Meadow, C., 2001. Aha--Is Creativity Possible in Problem Solving and Teachable in Legal Education. Harv. Negot. L. Rev., 6, p.97. Miller, J.K., Farmer, K.P., Miller, D.J. and Peters, L.M., 2010. Panacea or snake oil? Interest?based bargaining in the US airline and rail industries. Negotiation Journal, 26(2), pp.177-201. Nickerson, J.A. and Zenger, T.R., 2004. A knowledge-based theory of the firmThe problem-solving perspective. Organization science, 15(6), pp.617-632. Noce, D.J.D., Bush, R.A.B. and Folger, J.P., 2002. Clarifying the theoretical underpinnings of mediation: Implications for practice and policy. Pepp. Disp. Resol. LJ, 3, p.39. Nolan-Haley, J. and Hinds, B., 2003. Problem-Solving Negotiation: Northern Ireland's Experience with the Women's Coalition. J. Disp. Resol., p.387. Wagner, L.M., 2008. Problem-solving and bargaining in international negotiations (Vol. 5, pp. 1-169). MartinusNijhof Publishers.