Assignment Details and Instructions: Choose any large organisation which is operating in the UK for the second assessment. Assume that this organisation is considering outsourcing their business analytics department from its corporate headquarters and invited to submit the initial proposals with the specification below from interested firms. In order to be successful, you have to strictly follow the specification of the organisation: Interested parties will prepare a maximum of 15 minutes presentation for the organisation on the following areas:
Â
1. Summarise from the literature the emerging trends in business analytics and discuss how business analytics could be used in conjunction with the data available to the chosen large organisation.
Â
2. Access the FAME database (subscribed by MMU) to acquire data related to your chosen large organisation. In a rare case that there is no (or insufficient) data available, please simulate your data.
Â
3. Use this data to illustrate how three separate advanced business analytics techniques can be employed by the business analytics department to inform organisational decision making. You have been given a maximum of 15 minutes to present your findings.
Â
Learning Outcomes Assessed.Â
LO1: Draw upon a variety of information to support an organisations decision-making process.
LO2: Perform relevant analytical and data visualisation techniques.
LO3: Communicate effectively, both orally and in writing, in a form appropriate to the audience.
LO4: Identify sources and types of information that could aid an organisation.
Â
Early Career/ World Class Professional Skills (PLOs) being assessed or developed/assessed:
Through this assignment, you will develop and improve key essential skills of Data Analytics, which will further improve your employability prospects. In particular, the critical thinking, communication and awareness of current Industry 4.0 will significantly boost your chances of employment.
Â
PLO4: Demonstrate professional and commercial/corporate awareness
Â
Choose any large organisation which is operating in the UK for the second assessment. Assume that this chosen organisation is considering outsourcing their business analytics department from its corporate headquarters and invited to submit the initial proposals with the specification below from interested firms. In order to be successful, you have to strictly follow the specification of the organisation:
Interested parties will prepare a maximum of 15 minutes presentation for the organisation on the following areas:
Summarise from the literature the emerging trends in business analytics and discuss how business analytics could be used in conjunction with the data available to the chosen large organisation.
Â
Access the FAME database (subscribed by MMU) to acquire data related to your chosen large organisation. In a rare case that there is no (or insufficient) data available, please simulate your data.
Â
Use this data to illustrate how three separate advanced business analytics techniques can be employed by the business analytics department to inform organisational decision making.