An overview of business analysis What is business analysis? Excerpted from an encyclopedia: Business analysis refers to the analysis of the economic benefits of the plan, and further judges whether it meets the corporate goals from the financial point of view. If so, the product concept can enter the product development stage. This includes reviewing whether the projected sales, costs, and profits meet the company's projected goals; if so, the product concept can be further developed into the product development stage. Data such as retail sales, effective purchase income, and Telephone number list total retail sales of specific commodities can be found from commercial or consumer Telephone number list statistics announcements.
Does it sound complicated? If you are a novice, you may not understand this sentence. In fact, there is a more popular interpretation, that is, it is understood from the literal meaning, divided into business and analysis, business refers to an organized business and services that customers need. Analysis is the understanding of examining the various parts, factors and levels of the research object as a whole. That together is a step-by-step analysis of a business Telephone number list problem to find a solution to the problem. 10,000-character long article: 【How to Learn Business Analysis】 Serial 1 2.
Business Analysis vs Data Analysis This topic should be the most confusing one for everyone. If you want to learn more, you can refer to the article written before the blank. Because I myself have also changed from a data analyst to a business analyst, I will briefly Telephone number list introduce the basic differences between data analysis and business analysis from two perspectives. Level 1: The source of demand will be different. When doing data analysis, the main source of demand is some people below the head of the business department.