"The Role of Data Science in Business Decision-Making: A Case Study"

Authors

  • Dr. Alena Petrov

Keywords:

Data Science Business Decision-Making Predictive Analytics Case Study Big Data Analytics

Abstract

In the contemporary business landscape, the integration of data science has become pivotal in enhancing decision-making processes. This paper examines the transformative impact of data science on business decision-making through a detailed case study. By analyzing real-world applications and outcomes, the study highlights how data science methodologies, including predictive analytics, machine learning, and big data analytics, facilitate more informed and strategic decisions. The case study focuses on a leading organization that successfully implemented data-driven approaches to optimize its operations, improve customer engagement, and drive financial performance. Key findings reveal that data science not only provides actionable insights but also fosters a culture of data-driven decision-making, leading to competitive advantages and operational efficiencies. The paper concludes with recommendations for businesses seeking to leverage data science for enhanced decision-making and future research directions in this evolving field.

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Published

2024-04-27

How to Cite

Dr. Alena Petrov. (2024). "The Role of Data Science in Business Decision-Making: A Case Study". International Journal of Multidisciplinary Innovation and Research Methodology, ISSN: 2960-2068, 3(2), 234–242. Retrieved from https://ijmirm.com/index.php/ijmirm/article/view/105