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BUS307 WEEK 3 Assignment.docx
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RUNNING HEAD: DATA ANALYSIS, SPEND ANALYSIS AND SIX SIGMA BUS 307 Data Analysis, Spend Analysis and Six Sigma: Making a Business Successful University Arizona Global Campus BUS 307: Operations M... anagement & Quantitative Techniques Data analysis skills and thinking may quite possibly be the most critical aspect of spend analysis. Utilizing data analysis is the key to understanding how a company operates and quickly provides data to show which processes are successful and which may be failing. Having data readily available alone does not provide insight into the operations of a company. Managers must have the ability to think and analyze the data to conclude what it means and how to apply it to increase efficiency within the company. Understanding high operating expenses is crucial when looking for ways to save money within that company. This analysis requires more than the use of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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