Data Warehouse
One of the most important tools at the disposal of successful businesses is that of business intelligence and analytics. Being able to analyze present and past data is vital to developing a business plan that can take a company or business entity into the future. In order to complete this analysis, a data warehouse is required. A data warehouse is a repository of data from a host of sources, all dealing with the business at hand. In a retail corporation, for example, the data warehouse can store information ranging from what products sold and when to results of customer satisfaction surveys to business expenses over a given period of time. The data stored in the data warehouse can then be used to run analytics and develop a plan for the future.
Using the aforementioned example, the following are examples of how businesses use data warehouses:
- Analytical report can be created to see which products a company sold most of
- information can be utilized by a marketing team to develop sales fliers and advertising campaigns for a particular time of the year.
- Similarly, an analytical report can be created to compare customer satisfaction survey results with allocated personnel hours;
- Information can be used to justify an increase or reduction in human resources expenses.
In order for a data warehouse to be successful, the contents need to be retrieved and analyzed with ease; as such, the data needs to be catalogued, streamlined, and made available to all relevant parties to ensure the best possible results.
Related Research Paper Topic Suggestions
Biases Research - Biases in Research essays discuss why it is important for researchers to acknowledge their biases when conducting research.
Primary Source - A primary source for a paper is any material used for research that is considered to be an original document.
Scholarly Articles - Scholarly Articles are written research papers written by experts in a specific field that collegiate level professors usually require students to use when conducting their own research paper.
Scholarly Journals - Scholarly Journals are largely written by academic experts for academics and are great sources for students to use academic research.
Secondary Data Collection - Secondary Data Collection and search strategies can be divided into three criteria: data retrieval methods, data location, and Internet searching.
Statistical Hypothesis Testing - Statistical hypothesis testing in academic research papers and master's theses.
Statistical Testing Error - Learn about statistical testing errors from Paper Masters. Research papers often contain statistical testing errors.
Theory Critique - Theory Critique Research Papers look at one or two theories within an area of study and critique the theory in light of current research.