Exam CCBA topic 1 question 474 discussion

Actual exam question from IIBA's CCBA

Question #: 474
Topic #: 1

A general insurance company wants to enter a new segment that has the potential for high profit and little competition. The business analyst (BA) was asked to prepare a presentation for key stakeholders to show how the new segment will deliver value for stakeholders. Which of the following is best suited for this purpose?

A. Business model canvas
B. Business case
C. Capability analysis map
D. Business architecture

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Suggested Answer: B 🗳️

by 17b7c4c at Oct. 11, 2024, 2:21 p.m.

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_AKay_

2 weeks, 2 days ago

Selected Answer: B

ChatGPT said: A business case is a structured document or presentation that justifies the initiation of a project or initiative. It explains why an investment or change is needed and shows how it will deliver value to the organization and stakeholders.

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keyss

1 year ago

Selected Answer: B

B. Business case

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17b7c4c

1 year, 1 month ago

Selected Answer: B

Section 6.4: Business Case in the BABOK Guide highlights that a business case evaluates the benefits, costs, risks, and impact of a proposed solution or opportunity, making it an ideal tool for gaining stakeholder buy-in for new business ventures.

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