Entry Certificate In Business Analysis ECBA · Free Practice Question Easy
Question 10
You’re preparing to help stakeholders assess internal strengths and weaknesses, as well as external factors that may impact a new business initiative. Which of the following tools is most appropriate for this type of analysis?
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A
Key performance indicators (KPIs)
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B
Process flow diagrams
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C
Risk register
- D SWOT analysis
Reveal correct answer
Correct answer: D
A.
You’re preparing to help stakeholders assess internal strengths and weaknesses, as well as external factors that may impact a new business initiative. Which of the following tools is most appropriate for this type of analysis?
B.
These are visual tools used to map out current workflows, not to assess organizational strengths, weaknesses, or external opportunities.
C.
A risk register helps track and manage known risks, but it doesn’t provide a framework for exploring strengths or opportunities, which are essential parts of a comprehensive strategic assessment.
D.
A SWOT analysis is used to assess internal strengths and weaknesses and external opportunities and threats, often during strategy analysis. It doesn’t help define success criteria for a specific initiative.
Discussion
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