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Business Analysis Report

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Added on  2020-04-01

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Business objective 3 Problem areas 3 Business objectives 4 Business success criteria 4 1.2 Assess solutions 5 Inventory of resources 5 Sources of knowledge and data 5 Assumptions, requirements and constraints 6 1.3 Determine the data mining objectives 8 Business objective into data mining objective 8 References 10 Introduction The present report is mainly focused on the creation of the business plan using business analytics with data mining process. Therefore, the association also focused on encourages students and other potential groups to study in university without worrying about the money related with the

Business Analysis Report

   Added on 2020-04-01

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Business Analysis Report
Business Analysis Report_1
Table of ContentsBusiness Analysis Report.............................................................................................................................1Introduction.................................................................................................................................................3Business understanding...............................................................................................................................31.1. Business objective............................................................................................................................3Problem areas......................................................................................................................................3Business objectives..............................................................................................................................4Business success criteria......................................................................................................................41.2 Assess solutions.................................................................................................................................5Inventory of resources.........................................................................................................................5Sources of knowledge and data...........................................................................................................5Assumptions, requirements and constraints.......................................................................................61.3 Determine the data mining objectives...........................................................................................8Business objective into data mining objective.........................................................................................8References.................................................................................................................................................10
Business Analysis Report_2
IntroductionThe present report is mainly focused on the creation of the business plan using business analyticswith data mining process. As in the given scenario, it is seen that the AIH is consideringproviding assist for its students with not using the government funds. The main objective of theAIH is to develop its own financing program in order to provide the fund to the students.Therefore, the present report is mainly emphasized upon the finding organization objectives andsuccess criteria. Moreover the report also focused on the how business uses the data mining toolsto accomplish its set of objective. Business understanding1.1. Business objective The main objective of the business is to accomplish better competitive advantage and increasethe student enrolments. This would help the organization to achieve higher amount of revenuesfrom the market. Moreover, the association also focused on encourages students and otherpotential groups to study in university without worrying about the money related with thestudying; this is also considered one of the vital objectives of the business. Problem areas According to the Micek & Pacholczyk, (2017), Marketing and business development isconsidered the main problem areas of the organization. Since the organization primary purpose isto offers money to students in their studying time, therefore the business development planshelps the organization to determine that is it is profitable project or not for the organization. Assaid by the Siuly, et al., (2017), the organization also required to gather huge amount of data andfindings an effective decision regarding the success of the project and this is not an easy task forthe organization. Sources of financing also considered the main problems for the organization.Therefore to solve this issue AIH needs to incorporate data mining tools and techniques thatassist them to find out the optimum simulations among the several alterative.
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The main motivation factors of this project are that they accomplish better brand name andsuccess in competition market. Apart from that, if project is success then they attracts bothnational and international students that will helps them to increase profits from the enrolmentsand enhances in the market image in positive manner. From the evaluation of the businessscenario it is seen that organization is not uses the data mining tools. The main target group of this project is students (both national and international) and otherpotential groups (rural residents, low income earners). Business objectives The main objective of the customers is to achieve financial amount (studying for a degree) fromthe organization in very low of internet. Apart from that, the primary objective of theorganization to retain the customers by predicting when business is prone to move tocompetitors. Moreover the secondary objective of the organization is to find attract the customersfrom both national and international market that would help them to generate better revenues.Moreover the other purpose of the organization might to find out whether low fees influenceonly one particular segment of consumers. Therefore, as a data analysts I recommended that the organization needs to implement the datamining process that helps them to solving business issues in financing by finding causalities,correlations and patters in business information as well as market prices, that is not effectivelyapparent to the management because data volume to too large. Use of this tools in business, notonly helps the organization to retain more customers but also helps to find out the credit risks,market risks, control and portfolio management in better manner. Business success criteria The business success criteria are to improve the productivity and improved customer’ssatisfaction. The key success of the business is to retain more customers and provide betterquality of services that customers are achieved. Therefore from the analysis and findings it issaid that the main business success criteria are following;Increase performance( enrolment rate) by 18% from FY2017 to FY2018 Capture the market share of 12% within 24 months
Business Analysis Report_4

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