Interested in experimenting with analytics, a manufacturing company hires an analyst to see how the capability can be developed within its organization. The analyst is getting started and recognizes the need to show value from the onset of their work to gain upper management's trust and future funding.
What action will accomplish these objectives?
To quickly demonstrate value and gain upper management's trust and future funding, it is important to develop a meaningful question that can be answered using data the company already possesses. This approach ensures that the analyst can provide actionable insights without the need for immediate additional data collection or resources, thereby showing immediate value. Option C satisfies this requirement by utilizing existing data to address relevant questions, which is crucial for gaining initial support in a new analytics initiative.
C. Develop a meaningful question that can be answered with (Keywords: 'data the company already has in its possession'