Question: Describe specifically how the organization will formulate a business performance plan, as follows:

• Conduct a current situation analysis.

• Determine the planning horizon.

• Conduct an environmental scan.

• Identify critical success factors.

• Identify the type of report you will use and why

• Complete a gap analysis.

• Create a strategic vision.

• Develop a business strategy.

• Identify strategic objectives and goals.

• Determine how Data Mining works

• Implement the data mining process within your organization. Determine why you are using a specific one.

• Build a technique for predictive model

• Determine if you are using the different types of ANN architectures/or not

• Recognize the implementation of the Understand the concept and formulation of the k-nearest neighbor algorithm (kNN) in your business and specify the reason.

• How would use the difference between text analytics, text mining, and data mining