Real-World Business Analytics and Management - Part A

  • The short fuse and big band in the disruption map displays that 32 per cent of the Australian economy is comprised of it. This contains ICT, retail sectors, business and professional services.
  • The short fuse and small bang comprise of 17 per cent of the Australian economy. This contains accommodations and food services, construction and while sale trade.
  • The long fuse and big bang comprise of 33 per cent of the Australian economy. This contains education, health and transport.
  • The long fuse, small bang is 18 per cent of the Australian economy. This comprises of manufacturing and mining (Skog, Wimelius and Sandberg 2018).

Real-World Business Analytics and Management - Part B

  • Westfield is an online shopping traders which are creating marketing models to deploy in the shopping sector.
  • A shopper’s journey is mostly constituted with the research on the purchase and best option to buy that item.
  • Westfield shopping center is a digital storefront that provides facilities like, Wi-Fi networks, uninterrupted parking structures, door to door food delivery services and shoppers looking for local items.
  • The disruption has threat on the business model and many need to consider the fact that many of them are internally focused. The impact of business on customer behavior must be looked upon (Geissinger, Laurell and Sandström 2020).

Real-World Business Analytics and Management - Part C

  • The customer is somewhat emphasis influence on the business. The companies need to consider the basic aspect of their services and then provide amenities to them.
  • Investment in research department and marketing analytics must be increased and data gathering must also come in priorities of an organization.
  • It is not always true that customer change the market. The industries can provide their services that are completely new and are significantly relevant in their life.
  • Periodic updating of technologies and surroundings must be harnessed throughout the business (Utesheva, Simpson and Cecez-Kecmanovic 2016).

Real-World Business Analytics and Management - Part D

  • The analysis on each and every aspect of the digital disruption must be assessed to generate insights in the business. The analysis must take on each and every sector and how it is affected from it.
  • There must be dynamic approach on the statistics of the business considering the service life cycle of the amenities provided by the organization. Individual companies’ statistics must be reveled in the reports with complete overview of the insights that could be generated from it.
  • The sales strategy results must be displayed in the reports for better analysis of the efficiency rate of the projected plan (Henle, Jaquez and Gray 2018). There need to stats of the tax invoice and digital finance for the assessment of the digital turnovers.
  • The visualization holds a vital role in the representation of the business for easy understanding of the statistics. It gives the insight of management strategies in the organization.
  • The visualization helps to display the data in the market, analyze the patterns and trend for better insight generation.
  • The visualization also showcases the progress of a certain strategy on the market and also aids to tell which department need more attention (Mowla and Shetty 2018).

References for Real-World Business Analytics and Management

Geissinger, A. Laurell, C. and Sandström, C. 2020. Digital disruption beyond Uber and Airbnb—tracking the long tail of the sharing economy. Technological Forecasting and Social Change, 155(10), pp. 119-323.

Henle, A. Jaquez, A. and Gray, H. 2018. Visualizing virtual users through art: Usage statistics in outreach and marketing. College & Research Libraries News, 79(6), pp. 306-333.

Mowla, S. and Shetty, N. P. 2018. Analysis of Web Server Logs to Understand Internet User Behavior and Develop Digital Marketing Strategies. International Journal of Engineering and Technology (UAE), 7(4), pp. 15-21.

Skog, D. A. Wimelius, H. and Sandberg, J. 2018. Digital disruption. Business & Information Systems Engineering, 60(5), pp. 431-437.

Utesheva, A. Simpson, J. R. and Cecez-Kecmanovic, D. 2016. Identity metamorphoses in digital disruption: a relational theory of identity. European Journal of Information Systems, 25(4), pp. 344-363.

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