What is the need for Data Analysis ?

Organizations trend to grow as they gain a better understanding of their environment . Most managers want to be able to daily transactions to evaluate how the business is performing.

Due to many competitive pressures, managers are always booking  for a competitive advantage through product development and main service, market positioning , sales promotion and so managers understand that the b/s climate is dynamic.

Business managers needs analysis because they compare with other companies and compare the profit or loss with previous years.