Question: Choose any one critical business process ( i . e . , a business process that gives a competitive advantage ) from your work function.
Choose any one critical business process ie a business process that gives a competitive advantage from your work function. Briefly explain why you consider this to be a critical business process.
Recommend the data mining techniques that can be applied to this business process to improve business performance. Summarize your views for the same as follows
Define the business problem and convert it into data mining problem.
Identify the input variables for this data mining problem and briefly discuss the sample data.
Briefly describe the data mining techniques that can be applied and any tools that could be used for the same.
Predict the envisaged improvements to business performance with the application of the data mining techniques discussed. Summarize your views for the same as follows
Briefly describe how the envisaged improvements to the business performance contribute to the competitive advantage for the organization.
Identify relevant metrics by which you could measure the improvements to business performance.
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