ABC Corp, a distributor of consumer goods, is setting up a Center for Business A
ID: 3668998 • Letter: A
Question
ABC Corp, a distributor of consumer goods, is setting up a Center for Business Analysis. The Chief executive officer (CEO) says that the role of business analysis is to define and validate solutions that meet business needs, goals or objectives. The systems analyst says that the role of business analysis is to identify future business needs and opportunities and propose solutions. The project manager says that the role of business analysis is to understand the current state of an organization and identify problems/opportunities and design solutions. Who is (are) correct? Yme Inc. is a small retail chain with 5 branches in Ohio. Recently Yme Inc. has been facing many inventory related problems such as over ordering of certain items while other items are under stocked. Missing inventory items, inability to locate the available inventory and damaged inventory have been some of the other problems faced by Yme Inc. You have been hired by Yme Inc. as a business analyst to analyze the situation and recommend solutions to address the inventory related problems. The project manager has clearly stated to you that the organization believes in minimizing upfront uncertainty and ensuring that the solution is fully defined before implementation begins (in order to maximize control and minimize risk). Changes to the solutions only occur when they are genuinely necessary and can be clearly justified. Based on the information given in this case which business analysis approach will you pursue?Explanation / Answer
Question 34:
Answer is All of them are correct.
For a business to succeed, it is important to define and validate solutions for businees needs, also to identify future business and to undrstand the current state of the organization and identify problems/solutions
Question 35:
Plan driven approach
excess ordering of inventory or under stocking or damage/missing of inventory happens when ther is no proper plan for quantity of inventory required or amount of sales happens.
So, a plan driven approach helps in this case