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CCBA · Question #516

The emergence of self-driving vehicles has disrupted the auto insurance industry. The Chief Information Officer (CIO) has asked the business analyst (BA) to modify the existing business model to…

The correct answer is C. Business architecture framework. A business architecture framework is a tool that helps to align the business strategy, goals, and objectives with the business capabilities, processes, and stakeholders. It provides a holistic view of the current and desired future state of the business, and identifies the gaps…

Strategy Analysis

Question

The emergence of self-driving vehicles has disrupted the auto insurance industry. The Chief Information Officer (CIO) has asked the business analyst (BA) to modify the existing business model to include self-driving vehicles. Which of the following will be valuable information for the BA to use?

Options

  • AVision and mission statement
  • BProject charter
  • CBusiness architecture framework
  • DOrganizational structure

How the community answered

(51 responses)
  • A
    2% (1)
  • B
    10% (5)
  • C
    84% (43)
  • D
    4% (2)

Explanation

A business architecture framework is a tool that helps to align the business strategy, goals, and objectives with the business capabilities, processes, and stakeholders. It provides a holistic view of the current and desired future state of the business, and identifies the gaps and opportunities for improvement. A business architecture framework is valuable for the BA to use when modifying the existing business model to include self-driving vehicles, as it can help to analyze the impact of the disruption on the business value proposition, customer segments, revenue streams, cost structure, key resources, key activities, key partnerships, and channels. A business architecture framework can also help to design and evaluate alternative business models that can leverage the potential of self- driving vehicles and create competitive advantage.

Topics

#business architecture#industry disruption#business model#strategic analysis

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