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Question: Discuss about theBusiness Analytics for Product Innovation Management. Answer: The literature in management information systems consistently suggests that a decentralized approach to resource allocation is the most efficient. Why then do you think the literature in BA suggests that the oppositea centralized organizationis the best structure? Centralized organization is the best structure because of few of the advantages it provides to the BA. Regarding business decision making centralized organizations has been found to be exceptionally efficient. Thus, faster actions are taken for the problems. It also helps in keeping focused on one vision or purpose of the organization. Organizations are encountered with lesser conflicts when it is a centralized organization. Lastly, centralized leaders can maintain more control over the operations of the organization and enhances the culture because they take all the major decisions (Capitanescu, Bilibin Ramos, 2014). However, Decentralization has certain disadvantages in the organization, which are that it enhances the problems in coordination among the different units as well as the expenses of the administration because high paid leaders are appointed under decentralized organizations. Decentralization organizations have absence of uniformity. Moreover, as this process involves v arious departments and employees establishment thus, cost of operations increases, it is completely inappropriate for small organizations and lastly, each department will work with a self-interested perspective where the wider interests of all the other departments are neglected thus, effecting the entire organization (Kota, Gibbins Jennings, 2012). Why is collaboration important to BA? When two or more people are working together by sharing ideas and are planning to achieve a common goal together then it is called collaboration. Collaboration is an important factor in any business analytics it can supply solutions, give employees with a strong sense of determination and fortify the employees that they all in the same team (Lim, Chen Chen, 2013). However, there are also some more benefits of collaboration in BA, which are as follows- Job satisfaction and staff retention- when the teams that are working together find an answer and solves any issue the employees feel satisfied. However, getting credit and acknowledgment for their success will not only satisfy them but will also make them feel that they are an essential part so they will be more keen in keeping up with their job. Problems are solved quicker- problems will arise in daily basis in any business environment, but collaboration can help to reach the solution faster because when a team will work on it definitely one will see the if anything has been missed and can figure out the solution faster. Recognize the skills and expertise of the employees- working in a team with each other will help the team mates know each other well and discover each others strengths and weaknesses closely. Why is organization culture important to BA? The organizations overall lifestyles that include the different elements that make it stand distinct from the internal and external associates are known as the organizational culture. However, organizational culture is important to BA because a healthy culture in any organization will inspire and motivate their employees and make them loyal towards the organization (Barton Court, 2012). Moreover, beneficial competition in the organization is enhanced; it further helps in building the brand image of the company, being accustomed with the organizations culture will help the employees treated equally and give their best. The organizational culture helps in maintaining a better relationship among the employees and exacts the best work from each one of them. However, organization cultures come out with certain guidelines, which help the employees to become clearer with their tasks, and time limits in which they have to deliver their job. Thus, understanding the organizational culture is important to work efficiently in a healthy environment (Bschgens, Bausch Balkin, 2013). How does establishing an information policy affect BA? Businesses founders have certain lawful obligations to protect their data and secure the privacy of the information of the customers. However, it affects the business analytics by keeping the information of the business confidential only within the company. Moreover, it helps in displaying the type of image that the organization wants to be reflected in the market. Information policies further helps the BA to circumvent violating any laws or disclosing any violations done in the past, which can uncover the organization to costly legal accountabilities. Lastly, in any BA the balance is very important where it can stabilize the dangers as well as benefits of emancipating the information. The essential concerns of any business would be liability, their negative image in the market and disappearance of confidential information but the organization should never restrict too much the type as well as amount of information it is eager to circulate (Bates, 2014). Under what circumstances is outsourcing BA good for the development of BA in an organization? Outsourcing BA is essential for the enhancement of BA in any organization because of the circumstances when the following points arises - Concentrates on the core activities of the business- when the company needs to focus mainly on their important activities without any loss in the back office then outsourcing is a good option for development of BA To save the cost and efficiency- when the back office services gets difficult in nature but the organizations size is blocking to perform them at a reasonable and steady cost Decrease the overheads- those functions that can be easily moved are outsourced to reduce the overheads Controlling the operations- the expensive operations that are overflowing the costs are considered by outsourcing Managing the risks- it decreases the risk factors that are brought by the low-quality level of operation in the organization thus, maintaining a continuity Developing the internal employees- when the organization is in the need to get those skilled employees that it lacks (Sharma, Mithas Kankanhalli, 2014). Why do we have to measure BA contributions to an organization? In any organization to measure the contributions of the BA is very important, as the business founders as well as the leaders need to have a clear apprehension of the data for them that display a valid conclusion from the information that has been analyzed. However, BA is further measures because it can inspect a huge amount of data from various sources, then it enhances the collaboration and cooperation in a business by supplying acute information to the employees so that they can share the documents, reports and observe the key performance indicators. Apart from these, it is also measures so that it can help the managers so that they can locate the hidden patterns or information if any in the wider datasets. It works as an authorized tool for the organization allowing the employees to work more systematically (Schlfke, Silvi Mller, 2012). How does data quality affect BA? The ways in which the data quality helps BA are completeness, consistency, accuracy, validity and timeliness. The first one is the factor of data completeness, which is that there is any gap existing in the data, or not. The gap is existing when the data that is collected is not actually, what has been expected. In another factor, that BA is affected by the data quality is in the data consistency where whether the kind of data ranges with the anticipated versions of the data, which must be coming in. Followed by data accuracy, which is whether the data that has been collected is correct or it is representing accurately that it should. Then comes the factor of data validity, which is a bit difficult because it can be a huge problem in the result if the validity does not measure, what it has intended to estimate. Lastly, the data timeliness that is the anomaly of when the data should be accepted in order for the information to be efficiently used (Kwon, Lee Shin, 2014). 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Data quality management, data usage experience and acquisition intention of big data analytics.International Journal of Information Management,34(3), 387-394. Lim, E. P., Chen, H., Chen, G. (2013). Business intelligence and analytics: Research directions.ACM Transactions on Management Information Systems (TMIS),3(4), 17. Schlfke, M., Silvi, R., Mller, K. (2012). A framework for business analytics in performance management.International Journal of Productivity and Performance Management,62(1), 110-122. Sharma, R., Mithas, S., Kankanhalli, A. (2014). Transforming decision-making processes: a research agenda for understanding the impact of business analytics on organisations.European Journal of Information Systems,23(4), 433-441.