Using Data to Build Business Practice WBES Data Analysis

USING DATA TO
BUILD BUSINESS
PRACTICE WBES
DATA ANALYSIS

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................4
Analyse the material supplied for acquiring a better grasp of what the organisation needs and
demands.......................................................................................................................................4
Select the questions organisation wants to look after to access the data they require.................5
Examine the information for the questions that are being selected using the related summary
statistic.........................................................................................................................................6
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
The report prepared as under helps to understand what big data is and in what ways it
would help company to achieve its goal in a effective and efficient manner (Bade and et.al.,
2020). It is being observed in today's time period that e commerce and marketing are very having
very close connection as well as connectivity with big data and it is not having any limited ends
in such industries. Businesses in a mixture of various industries might prove to be beneficial
from information in a variety of ways with adequate analysis which would allow firm in
differentiating itself from its related competitors as well. Such under laid approaches can also be
used and would be helpful for detecting probability of mistakes or frauds before they take place,
especially in areas of finance. The main goal and aim of e commerce giants such as Wal-Mart
and Amazon is in leveraging of information to their benefits and advantages. Such businesses are
able to have a better understanding of their linked and engaged customers, their demands,
requirements and habits as well by carrying out analysis more carefully through their users
browsing history. Such data is subsequently put to better use for guarantying that the
organisations earning can be increased and maximized as well. The information also allow the
corporate to show things and items that specific customers are expected to purchase or request
for. The report follows highlighting the case scenario of a business which plans to expand their
business related operations in markets of Africa. For the same purpose and issue the business
would be examining various factors which are active in territories such as South Africa and
Kenya. The business further need to choose one country from above stated list and for such
cause various data and information collected from sites of World bank is being taken into
account for carrying out better analysis.

MAIN BODY
Analyse the material supplied for acquiring a better grasp of what the organisation needs and
demands.
A dataset can be explained as a set of data which collects accurate information in a form
of table. Each column depicts a different variable and value. According to asked and stated
question each row denotes a certain value of the data set. It is considered one of the most vital
and integral part of the management procedure. Data series represents the value for each variable
that remains for unknown quantities for example object's weight, height , temperature, volume
and other characteristics as well as the values of random numerical order. Such set of values is
preferred to as datum. Each row in the data collected so far corresponds towards the information
of one or more member. Learning about the concept adapted of a data set, series, attributes and
more in such articles might include many solved case. The data set which is being examined for
such reports is linked with two different countries such as Kenya and South Africa. Various
factors are being chosen in the report that would provide insights towards the businesses which
relates to how easy or hard it is for the firms for setting up their companies and for running their
operation in chosen country in a more smooth manner (Bbaale, 2018).
The data which is being given is a condensed description of information which is
obtained by the World Bank Enterprise Survey (WBES). The data collection explains some of
the issues that are being faced by companies in several regions. The data set is bifurcated into
three excel sheet. The first sheet in excel gives results which are related to South Africa, the
second sheet in excel gives insight which relate to Kenya and in third excel sheet is considered as
a key for interpreting first two sheets. The data has been sorted for further examination with the
help of different tools present in excel such as
replace, sort, count etc. And for further analysis portion usage of median, mode and mean is
adapted which can be interpreted with the help of following steps:
The data set that can be provided takes in account a major questions which is "To what
extent are each of the following counted as an hurdle towards present operations of such
establishment?" and various factors are discussed thereafter, such factors are:
 Corruption
 Electricity
 Tax rates