Briefly Explain the Role of Business Analytics (BA)in Decision Making

question 52

Essay

Briefly explain the role of business analytics (BA)in decision making and compare it to business intelligence (BI).

---

Definitions:

Part-time Workers

Employees who work fewer hours than a full-time schedule, typically under 35 hours a week.

Labour Costs

The total financial costs associated with employing workers, including wages, salaries, benefits, and other related expenses.

Human Resource Demand

The total number of workers that organizations need to carry out their business operations effectively.

Technological Changes

The advancement and innovation in technology that impact processes, operations, and strategies in various fields.