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- Question
What do you think about the challenges faced by a Business Analyst ?
- Correct Answer
- Change management is the biggest challenge in each and every industry After requirements stage when development is started client will come-up with some new changes or enhancements Cross departmental or cross team management ? like conflict management between teams Also individuals This requires soft skills and smartness Communication problems ? In real time this can happen You might be good in speaking and understanding the English language BUT sometimes it happens like Different people across the globe speak different style of English In USA itself Mexico people speak English differently Romans speak different English So at initial level to understand the accent can be a challenge but after some time you will become perfect
- 1. What are the 4 key phases of business development? Discuss
- 2. What is Kano Analysis? Discuss
- 3. What is Pareto Analysis? Discuss
- 4. What does FMEA stand for? Discuss
- 5. What does INVEST stand for? Discuss
- 6. Which of the following is NOT true about enterprise systems?
Options- A. The software is expressly built to allow companies to mimic their unique business practices
- B. The software includes analytical tools to evaluate overall organization performance
- C. They help firms respond rapidly to customer requests for info or products
- D. The data have standardized definitions and formats that are accepted by the entire organization Discuss
- 7. How many steps are in the system development life cycle?
Options- A. 3
- B. 4
- C. 5
- D. 6 Discuss
- 8. Examples of networking in business.
Options- A. Online/social media networks
- B. Community service clubs
- C. Strong contact networks
- D. All of the above Discuss
- 9. A low trough is indicative of
Options- A. the start of a depression
- B. the end of a recession
- C. a serious depression
- D. a growing recession Discuss
- 10. A trough in the business cycle occurs when
Options- A. economy is transitioning from a period of decline to a period of expansion
- B. economy is transitioning from a period of expansion to a period of contraction
- C. economy is transitioning from a period of expansion to a period of decline
- D. None of the above Discuss
Technology problems
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Correct Answer: The 4 key phases of business development are: Forming, Storming, Norming and Performing
Correct Answer: Kano analysis is a systems analysis tool used to identify its impact on customer?s satisfaction based on 3 key areas: unexpected delighters, performance attributes and must have attributes
Correct Answer: Pareto analysis is otherwise known as the 80/20 rule It stipulates that 80%of problems will arise from 20% of causes ? that few factors can create big problems
Correct Answer: FMEA is Failure Mode and Effects Analysis It is an analysis used to determine failure modes and how severe they are in a system or process
Correct Answer: INVEST stands for Independent, Negotiable, Value, Estimable, Sized Appropriately and Testable It is a tool designed to assist technical teams and deliver quality products
Correct Answer: The software is expressly built to allow companies to mimic their unique business practices
Explanation:
Enterprise systems (ES) are large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.
Here option A) The software is expressly built to allow companies to mimic their unique business practices is not TRUE about enterprise systems.
Correct Answer: 6
Explanation:
The process of System development life cycle goes through a series of stages in step wise fashion that almost every developing company follows.
Known as the 'software development life cycle,' these six steps include:
1. Planning
2. Analysis
3. Design
4. Development & implementation
5.Testing & deployment and
6. Maintenance.
Correct Answer: All of the above
Explanation:
Networking is a socioeconomic business activity by which businesspeople and entrepreneurs meet to form business relationships and to recognize, create, or act upon business opportunities, share information and seek potential partners for ventures.
Examples of Business networks are ::
1. Casual contact networks
2. Strong contact networks
3. Community service clubs
4. Professional associations
5. Online/social media networks.
Correct Answer: a growing recession
Explanation:
A low trough is indicative of "a growing recession" since a trough indicates a general change in the business cycle, which can have varying degrees of importance. A recession could be an important decline in economic activity that goes on for quite many months.
Correct Answer: economy is transitioning from a period of decline to a period of expansion
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