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. |