Business Problem Statement

Business Problem Statement. For this assignment, you will use the “Business Problem Statement” template to organize your problem statement. This will help you identify your business problem you will eventually address using analytics. The business problem statement will be an integral component of the remaining activities in this course.

Ensure that data are available to address your business problem. You will need to provide your dataset as a part of the Topic 3 assignment. If data are used from your company, ensure that proprietary concerns are addressed or approvals to use the data are obtained. If company data are being used and if there are concerns of proprietary issues, you can change your dataset accordingly.

APA style is not required, but solid academic writing is expected.

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This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.

Business Problem Statement

For this assignment, you will use this “Business Problem Statement” template to organize your problem statement. Complete the table below according to the directions found in your assignment.

After providing complete information below, write out your Business Problem Statement in the last box.

What is the organizational history?  
Has this problem been previously encountered?  
How long has this problem existed?  
What are the potential factors that are influenced by this problem or factors that the problems influence?  
What stakeholders can you interview to ascertain root causes of the problem?  
Is the business problem stated in such a way that analytical tools and techniques can be applied to address it?  
Can the necessary data for your identified business problem be obtained?  
What are specific benefits to the organization if the business problem is solved using analytics?  
State the business problem.

 

 

 

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Business Problem Statement

 
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