Clear Your Doubts With Examples That Explain Intangible Assets
Business analytics has the capability to enable business owners, strategic marketing professionals and even business managers to analyze and simply understand business opportunities. These assets play a very instrumental role in the production process of the organization. Capital budgeting is planning where the money of the organization will be invested, and what assets will the organization acquire in a particular year. Business analytics is a wide area that covers the analysis of data using operations research and statistical analysis.
For example: By analyzing the historic data (say for 6 months) and building a data model on the basis of various parameters of a voice usage customer, the potential customers for data usage and other value added services provided by the telco can be identified, who can be targeted by product bundled promotions.
There is business analytical software available that allows a business to gather essential data, analyze the information in …