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Data Driven Decisions Making Task 2.docx C207 Data-Driven Decision Making College o
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Data Driven Decisions Making Task 2.docx C207 Data-Driven Decision Making College of Business Information, Western Governors University C207 Data-Driven Decision Making €œData-decision m... aking is the process of making organizational decisions based on actual data rather than intuition or observation alone. The importance of data in decisions lies in consistency and continual growth. It enables companies to create new business opportunities, generate more revenue, predict future trends, optimize current operational efforts, and produce actionable insights €. (Durcevic, 2019) A. Real-World Business Situation If you want to expand your business into different states but have to decide which States would be most economical, collecting and analyzing the wage estimates between Management Occupations and Financial Operations would allow you to select the best States to employ your new branches appropriately. By determining i. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]
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