BUS307 Week 3 – Assignment

$5

Data Analysis Skills and Thinking

[WLOs: 1, 2, 3] [CLOs: 2, 3, 5]

Description

  • Explain in detail why data analysis skills are so important to spend analysis.
  • Describe how a structured process such as the Six Sigma methodology (Chapter 4) can be useful to identify spending patterns and opportunities for improvement.
  • Recommend which functional areas of the business, such as finance, should be involved in spend analysis efforts, and justify the rationale for your choices.

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