What business analysis element tries to identify as many potential options as possible to meet the business objectives and fill identified gaps in capabilities?
Correct Answer: D
Explanation
Alternative generation is a business analysis element that tries to identify as many potential options as possible to meet the business objectives and fill identified gaps in capabilities. Alternative generation is part of the strategy analysis knowledge area, which involves defining the business need, assessing the current state, defining the future state, identifying solution options, and recommending a solution. Alternative generation helps to explore the possible ways to achieve the desired outcomes, and to evaluate the feasibility, viability, and suitability of each option. Alternative generation can use various techniques, such as brainstorming, benchmarking, market analysis, or SWOT analysis, to generate and compare different solution alternatives.
References:
[A Guide to the Business Analysis Body of Knowledge (BABOK Guide)], version 3, page 100, section
5.41
[CBAP Certification Study Guide v3.0], Chapter 5: Strategy Analysis, Section 5.4: Identify Solution Options, page 5-152 What Is Business Analysis and Why Is It Important? - Indeed, paragraph 4 More CBAP Preparation Questions - The Functional BA, question 4