strategic planning, strategic plan, business plan

Five Useful Tips From Experts in Strategic Planning

Process for Strategic Planning: What is Strategic Planning? A “wait and see” approach to an external factor is not strategic. Strategic planning is an art of developing business strategies, implementing and evaluating their influence based on organization’s plan to achieve its overall long term organizational objectives. Strategic planning and strategic management are synonymous of each…

Types of Discriminant Analysis

What is Discriminant Analysis? A very commonly used method of classification is the Discriminant Analysis. According to this method, distinct classes’ product data are based on distinct Gaussian distributions. For the purpose of creating a classifier, the parameters for the Gaussian distribution are estimated by the fitting function for every class. In order to predict…

cross sectional design, data analysis, data research, analyst

When to Use a Cross Sectional Design

Cross Sectional design is one of the most well-known and commonly used study designs. In this kind of study, the subset of the population or the whole population is chosen and from the selected participants, data is gathered for the purpose of helping answer research questions of interest. The reason why it is known as…

cross sectional data, data analysis, data regression, statistics

Understanding Cross-Sectional Data With Examples

Cross-sectional data, also known as a study population’s cross section is a kind of data gathered through the observation of several different subjects in the field of econometrics and statistics. The subjects include firms, regions, individuals as well as countries. These subjects are observed in the same time period and irrespective of any distinctions in…

Research 101: Understanding Factor Loading

What are Factor Loadings Factor loadings show the degree to which a factor elaborates a variable in the process of factor analysis. Examples of Factor Loading in Business Analysis For instance, a survey is created by a credit card company to evaluate satisfaction of customers. This survey is made for answering three categories of questions: accuracy…

content marketing

What is Content Marketing?

How Content Marketing Can Help Build Your Business Content marketing is a tactical marketing method that is focused on developing and distributing original, appropriate and important content to appeal audience that will ultimately profit customer action. The primary purpose of content marketing is to appeal audience by developing valuable and relevant content to improve customer rating.…

service_oriented_architecture, oracle, business_process, business_analyst, data_analysis, cloud_based_integration, project_management, project_communication

Business Process Languages SOA and Oracle Service Bus (OSB)

Introduction to Business Process Languages SOA and Oracle Service Bus (OSB) The present financial conditions and swift alteration in business surroundings counting the importance to mobile accessible applications and combination with the cloud necessitate businesses to become accustomed rapidly while reducing expenses in the longer phrase. From the viewpoint of Information Technology perspective, the mentioned…

regression, linear_regression, retrogression, variables, database, finance, regression_equation,

Definition of Regression

Understanding the Meaning of Regression When you come across the word “regression”, you, to a lot extent, “go back”. Hypothetically, if you have been striving hard to have control on sugar but one fine day eat many pieces of chocolate cake, that’s called regression. Keep in mind but placing ion into a verb makes converts…

data_analysis_software, quantitative_data_analysis_software, database, business_analysis, finance_analysis

What is Quantitative Analysis and What are Various Features of a Quantitative Software?

Meaning of Quantitative Analysis and Different Software Programs Used for Quantitative Analysis Quantitative analysis is a financial or business analysis technique which seeks the understanding of behavior by knowing and using complex statistical and mathematical measurement, modeling and research. The analysts of this technique try replicating reality mathematically by placing a certain numerical value or…

customer_satisfaction_questionnaire, customer_service, sales, marketing, product_selling, client_satisfaction_survey, questionnaire_template,

Importance and Need of Satisfaction Survey

What is a Satisfaction Survey and What is Its Importance? Those surveys which gratify the needs of a customer are called satisfaction surveys. It helps the companies to measure comforts of an individual regarding a product, potentially find advocates and recognize unhappy customers. Customers that are delighted from the service mostly look back and willingly…

linear_models, analysis_techniques, what_is_regression_analysis, hierarchical_regression_analysis, regression_analysis_example, definition_of_regression_analysis

What is Regression Analysis?

An Overview of Regression Analysis and Its Types Regression analysis is considered a part of statistics and it is basically a statistical procedure which is used for looking out for the connections between the variables. Regression analysis comes with several techniques for examining and patterning various variables. When the connection of a dependent variable with…