Understanding Business Analysis Fundamentals

Which of the following best describes the primary purpose of business analysis?

• To develop marketing strategies for products

• To identify business needs and determine solutions to business problems

• To manage company finances

• To recruit new employees

What is the main objective of requirements gathering in business analysis?

• To create advertisements

• To collect and document the needs and expectations of stakeholders

• To design the company logo

• To train new staff

Which of the following is NOT typically considered a stakeholder in a business analysis project?

• Customers

• Suppliers

• Competitors

• Project team members

What is the main goal of stakeholder analysis?

• To identify and understand the interests and influence of all parties involved in a project

• To increase product sales

• To reduce staff turnover

• To design a new website

Which technique is commonly used in process modelling?

• SWOT analysis

• Business Process Model and Notation (BPMN)

• Brainstorming

• Fishbone diagram

Which of the following best describes data analysis in business analysis?

• Creating new products

• Interpreting data to support decision-making and identify trends

• Writing press releases

• Organising company events

What is the primary purpose of solution evaluation in business analysis?

• To assess whether a proposed solution meets business needs and delivers value

• To hire new staff

• To increase the company’s social media presence

• To design office layouts

Which of the following is a key component of a business case?

• A list of employee birthdays

• A justification for undertaking a project, including costs, benefits, and risks

• A company’s annual report

• A product catalogue

Which document is typically produced at the end of the requirements gathering phase?

• Business case

• Requirements specification

• Marketing plan

• Training manual

Which of the following is NOT a typical data analysis technique used in business analysis?

• Regression analysis

• Data mining

• Mind mapping

• Statistical analysis