Please write managerial decision making in business organizations and the increasing role of data availability, and using the same for descriptive, inferential, differences, predictive, and prescriptive analysis. And discuss the possible short term and long-term impact of your recommendations on the challenges/issues one company is facing, considering the cost, scope, time, and the goals and objectives of the company to fix the challenges faced by the firm, in order to justify them.

Please give references also.