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IIBA Certification in Business Data Analytics (IIBA-CBDA) · IIBA
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Based on data analytics, this is a good goal as the analysis determines an increased revenue which is good for the company.
A. It meets all the criteria for a well-defined objective. This is a smart goal.
I think A. It meets all the criteria for a well-defined objective. This goal is well-defined because it satisfies the SMART criteria—Specific, Measurable, Achievable, Relevant, and Time-bound. It clearly specifies a reduction in price by 20%, a measurable increase in revenues of 2% over a 6-month period, and sets a clear timeline. According to the IIBA Guide to Business Data Analytics (3.15 Problem Shaping and Reframing - Purpose), well-defined objectives help to refine the problem so that a solution process can be applied effectively. Supporting Reference: IIBA Guide to Business Data Analytics, Chapter 3.15 (Problem Shaping and Reframing - Purpose).