BA Knowledge - Business Knowledge

Question 1

is the ability to understand business needs using experience and knowledge obtained from other situations.

Answer 1

Business Acumen

Question 2

knowledge is an understanding of:
* current trends,
* market forces,
* market drivers,
* key processes,
* services,
*products,
* definitions,
* customer segments,
* suppliers,
*practices,
* regulations

Answer 2

Industry Knowledge

Question 3

includes an understanding of how the enterprise generates profits, accomplishes its goals, its organizational structure, the relationships that exist between business units, and the persons who occupy key stakeholder positions.

Answer 3

Organization Knowledge

Question 4

involves improving an existing solution, business analysts apply knowledge and experience from the previous work on the solution.

Answer 4

Solution Knowledge

Question 5

determine the timing (big steps or small increments), the approach, the role of those involved, the accepted risk level, and other aspects of how a change is approached and managed.

Answer 5

Methodology Knowledge