Descriptive Analytics I: Nature of Data, Statistical Modeling, and Visualisation - Business Reporting
4 important questions on Descriptive Analytics I: Nature of Data, Statistical Modeling, and Visualisation - Business Reporting
What is a report? What are reports used for?
Usually used to make decisions.
What is a business report? What are the main characteristics of a good business report?
Clarity, brevity, completeness and correctness.
Describe the cyclic process of management, and comment on the role of business reports.
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List and describe the 3 major categories of business reports.
Dashboard-type reports: different performance indicators on 1 page (color codes: red, orange, green)
Balanced scorecard-type reports: presents an integrated view of succes in an organization.
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