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The table illustrates the statement of cash flows for a courier company for the last fiscal year. Due to aggressive market competition, the management of the company performed a strategy review and based on their findings and the current market conditions they came up with strategic and tactical changes in order to keep a competitive market position. In order to strengthen customer retention strategies through a new competitive advantage, the company is considering implementing a live parcel tracking system. The added value will be that the customers may determine the exact location of the parcel whether it is in a warehouse, crossing the ocean through an overseas ship, or travelling in a delivery truck at any time. The system tracks the location of the parcel by tracking the vehicle in which it is contained. However, for a group of old delivery trucks, it was noticed that the engine sound and vibration disturbed the tracking signal and caused interruptions. Therefore, the tracking does not perform accurately on these vehicles. Although the majority of management would like to sell these vehicles and replace them with newer ones, the Chief Financial Officer (CFO) was strongly against that approach. The CFO argued that instead of hanging tracking devices on the trucks' body, they can have the truck drivers manually send the truck location from a hand held mobile device every 30 minutes. The company has a total of 134 old delivery trucks that have been in service for 10 years. Each vehicle was bought at a price of $22,000. Depreciation is done using a straight line basis and it is estimated that the vehicle depreciates at $1000 per year. The estimated salvage value per vehicle is about $3,000. Another area of tactical improvement for the courier company is pricing. The management strongly believes that they can start a price war with the most aggressive competitor. Management thinks, with their variable cost of $4 per parcel and fixed cost of $6 per parcel, they can win the market. However, after implementing the tracking solution, fixed cost will jump to $8 per parcel which made management reconsider their options. The competitor has variable costs of $5 per parcel and fixed costs o $7 per parcel. The CFO's resistance to replacing the older vehicles represents which type of cost?





Question 61

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Which of the following is concerned with determining whether the information used for risk analysis is probable, of high class, or accurate?

A.
Risk Urgency Assessment
A.
Risk Urgency Assessment
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B.
Risk Probability and Impact Assessment
B.
Risk Probability and Impact Assessment
Answers
C.
Risk Categorization
C.
Risk Categorization
Answers
D.
Risk Data Quality Assessment
D.
Risk Data Quality Assessment
Answers
Suggested answer: D
asked 18/09/2024
Maxime SELLY
43 questions

Question 62

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You are working with several business analysts to determine the solution approach for an identified problem.

All of the following techniques are acceptable for identifying the solution approach except for which one?

A.
Benchmarking
A.
Benchmarking
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B.
Decision analysis
B.
Decision analysis
Answers
C.
Risk analysis
C.
Risk analysis
Answers
D.
Brainstorming
D.
Brainstorming
Answers
Suggested answer: C
asked 18/09/2024
Mark Anthony Acorda
36 questions

Question 63

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You are the business analyst for your organization and are in the process of creating the solution approach for a technology problem.

Which one of the following definitions best describes the solution approach?

A.
It is the documentation and control of changes to the product scope as approved by the project stakeholders.
A.
It is the documentation and control of changes to the product scope as approved by the project stakeholders.
Answers
B.
Defines the general approach that will be taken to create or acquire new capabilities required to meet the business need.
B.
Defines the general approach that will be taken to create or acquire new capabilities required to meet the business need.
Answers
C.
It is an uncertain event or condition that may have a positive or negative impact on the abilities of the chartered project.
C.
It is an uncertain event or condition that may have a positive or negative impact on the abilities of the chartered project.
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D.
Decomposes the project scope into smaller deliverables; each deliverable is subdivided repeatedly until the deliverable cannot or should not be broken down any further.
D.
Decomposes the project scope into smaller deliverables; each deliverable is subdivided repeatedly until the deliverable cannot or should not be broken down any further.
Answers
Suggested answer: B
asked 18/09/2024
Reed G Porter
28 questions

Question 64

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You are the business analyst for your organization. You are currently working with Steve on the organize requirements process. You and Steve have elected to use the user stories approach for this process.

What is the user stories approach for requirements organization?

A.
Stakeholders' experiences equate to the stakeholder requirements.
A.
Stakeholders' experiences equate to the stakeholder requirements.
Answers
B.
Stakeholders are interviewed and their experiences are recorded to help identify the requirements.
B.
Stakeholders are interviewed and their experiences are recorded to help identify the requirements.
Answers
C.
Stakeholders' objectives are described to identify the requirements that the solution will need to support.
C.
Stakeholders' objectives are described to identify the requirements that the solution will need to support.
Answers
D.
Stakeholders are interviewed and their stories are recorded as part of the requirements.
D.
Stakeholders are interviewed and their stories are recorded as part of the requirements.
Answers
Suggested answer: C
asked 18/09/2024
Dirk Prinsloo
34 questions

Question 65

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Which of the following processes is used to make certain that the project team members are completing the project work according to the project plan?

A.
Project time management
A.
Project time management
Answers
B.
Project scope management
B.
Project scope management
Answers
C.
Quality management plan
C.
Quality management plan
Answers
D.
Quality control
D.
Quality control
Answers
Suggested answer: D
asked 18/09/2024
Joseph Bauer
39 questions

Question 66

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Which one of the following terms is not a business analysis planning and monitoring approach?

A.
Structured walkthroughs
A.
Structured walkthroughs
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B.
Decision analysis
B.
Decision analysis
Answers
C.
Requirements elicitation
C.
Requirements elicitation
Answers
D.
Process modeling
D.
Process modeling
Answers
Suggested answer: C
asked 18/09/2024
THARINDU AMARASINGHE
30 questions

Question 67

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What technique used during the manage business analysis performance process can help identify the underlying causes of failures or difficulties in accomplishing business analysis work?

A.
Problem tracking
A.
Problem tracking
Answers
B.
Pareto charts
B.
Pareto charts
Answers
C.
Trend analysis
C.
Trend analysis
Answers
D.
Root cause analysis
D.
Root cause analysis
Answers
Suggested answer: D
asked 18/09/2024
Yousuf Shahzad
40 questions

Question 68

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What document defines the business needs, identifies key stakeholders, and describes the positive impact the solution will provide on the key stakeholders?

A.
Project charter
A.
Project charter
Answers
B.
Project scope statement
B.
Project scope statement
Answers
C.
Solution scope
C.
Solution scope
Answers
D.
Vision statement
D.
Vision statement
Answers
Suggested answer: D
asked 18/09/2024
Gudni Hauksson
42 questions

Question 69

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Your organization is using a plan-driven approach to business analysis.

What characteristic must be true of changes in the approach that your organization is using?

A.
All the changes only occur if they are less than an agreed factor, such as ten percent of the solution's overall cost or a percentage of the project's schedule.
A.
All the changes only occur if they are less than an agreed factor, such as ten percent of the solution's overall cost or a percentage of the project's schedule.
Answers
B.
All the changes only occur if they are less than ten percent of the solution's overall cost.
B.
All the changes only occur if they are less than ten percent of the solution's overall cost.
Answers
C.
All the changes only occur if they are genuinely necessary.
C.
All the changes only occur if they are genuinely necessary.
Answers
D.
Changes are generally not permitted in the plan-driven approach to business analysis.
D.
Changes are generally not permitted in the plan-driven approach to business analysis.
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Suggested answer: C
asked 18/09/2024
Higher System Consultancy
41 questions

Question 70

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You are the business analyst for your organization and are preparing to complete the allocate requirements process. This process assigns stakeholder and solution requirements to solution components and to releases. One of the elements of this process is solution components.

All of the following are solution components except for which one?

A.
Assessment of proposed solution
A.
Assessment of proposed solution
Answers
B.
Business processes to be performed and managed
B.
Business processes to be performed and managed
Answers
C.
Business policies and business rules
C.
Business policies and business rules
Answers
D.
Software applications and application components used in the solution
D.
Software applications and application components used in the solution
Answers
Suggested answer: A
asked 18/09/2024
Aamir Muhammad
36 questions
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