A business analyst (BA) is proposing design options and a number of opportunities are occurring that need to be understood further. One particular opportunity will prevent different stakeholders…

The correct answer is C. increased efficiency. An opportunity is a situation in which it is possible for an organization to perform more effectively or efficiently, or to better meet the needs and desires of its stakeholders1. One type of opportunity is increased efficiency, which means reducing the amount of resources…

Strategy Analysis

Question

A business analyst (BA) is proposing design options and a number of opportunities are occurring that need to be understood further. One particular opportunity will prevent different stakeholders from performing the same function in distinctly different ways. What type of opportunity is this?

Options

AReduced barriers to entry
Bimproved access to information
Cincreased efficiency
DAdditional capabilities

How the community answered

(36 responses)

A
17% (6)
B
3% (1)
C
72% (26)
D
8% (3)

Explanation

An opportunity is a situation in which it is possible for an organization to perform more effectively or efficiently, or to better meet the needs and desires of its stakeholders1. One type of opportunity is increased efficiency, which means reducing the amount of resources, time, or effort required to produce the same or better results2. In this question, preventing different stakeholders from performing the same function in distinctly different ways can lead to increased efficiency by eliminating duplication, inconsistency, and confusion.

Topics

#opportunity analysis#efficiency improvement#standardization#design options

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