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How Business Analysis Improves Strategic Decision-Making in Enterprises
Subject area: Management and Commerce · Area of research: Business Analytics
DOI: https://doi.org/10.64388/IREV9I5-1711966
Abstract
In today?s competitive and rapidly evolving business environment, making the right strategic decisions determines whether an enterprise thrives or declines. Business analysis has become a key managerial function that helps organizations make informed, data-backed decisions instead of relying on intuition alone. This research paper explores how business analysis supports strategic decision-making, focusing on its role, methodologies, tools, and real-world applications. The findings suggest that effective business analysis helps enterprises minimize risks, enhance performance, and align decisions with long-term goals.
Keywords
Business Analysis, Strategic Decision-Making, Data Analytics, Management, Organizational Strategy
How to cite this paper
@article{1711966,
author = {Arpit Tiwari},
title = {How Business Analysis Improves Strategic Decision-Making in Enterprises},
journal = {Iconic Research And Engineering Journals},
year = {2025},
volume = {9},
number = {5},
pages = {959-960},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1711966.pdf},
abstract = {In today?s competitive and rapidly evolving business environment, making the right strategic decisions determines whether an enterprise thrives or declines. Business analysis has become a key managerial function that helps organizations make informed, data-backed decisions instead of relying on intuition alone. This research paper explores how business analysis supports strategic decision-making, focusing on its role, methodologies, tools, and real-world applications. The findings suggest that effective business analysis helps enterprises minimize risks, enhance performance, and align decisions with long-term goals.},
keywords = {Business Analysis, Strategic Decision-Making, Data Analytics, Management, Organizational Strategy},
month = {November},
doi = {https://doi.org/10.64388/IREV9I5-1711966}
}