BUSN250 W1 HW Problems2.docx - In this weeks forum the...

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In this week’s forum the topic is to think about the three phases of data analytics. The three phases are called descriptive, predictive and prescriptive. In this forum, I will use numerous companies as I explain each of the phases to better think about the great outcome and how the company relates to the consumers. Descriptive is the first phase of business analytics that use of data to understand past and current business performance and make informed decisions. This is really accomplished by most companies as well as Amazon by simple studying the market and making changes to adapt to the consumer’s needs. In the business aspect of managing companies, being able to have everything a consumer wants really make it a one stop shop place which is the new trend of the 20 century shoppers. Amazon has also completed this by adding Amazon Pantry which also customer to buy food items that can be delivered to their door. In the book it stated: “Descriptive analytics also helps companies to

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