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ECBA · Question #115

What type of knowledge equips a business analyst (BA) with understanding market forces, customer segments, services, products, and regulations?

The correct answer is B. Industry. Industry knowledge is an understanding of: - current trends, - market forces, - market drivers, - key processes, - customer segments, - regulations, and - other factors that impact or are impacted by the industry and related industries.

Business Analysis Key Concepts and Terminology

Question

What type of knowledge equips a business analyst (BA) with understanding market forces, customer segments, services, products, and regulations?

Options

  • AOrganizational
  • BIndustry
  • CSolution
  • DMethodological

How the community answered

(46 responses)
  • A
    4% (2)
  • B
    93% (43)
  • C
    2% (1)

Explanation

Industry knowledge is an understanding of: - current trends, - market forces, - market drivers, - key processes, - customer segments, - regulations, and - other factors that impact or are impacted by the industry and related industries.

Topics

#BA competencies#industry knowledge#market forces#customer segments

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