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Exam IIBA-CBDA topic 1 question 6 discussion

Actual exam question from IIBA's IIBA-CBDA
Question #: 6
Topic #: 1
[All IIBA-CBDA Questions]

An online retailer has been successful utilizing analytics to guide decisions on product placement and marketing spend. Management has requested a task force be assembled to make recommendations on how to further develop their analytics capabilities. To begin this work, the task force builds a model to develop a shared understanding about customer segments, customer relationships, key partnerships, and the company’s value proposition.
The team has leveraged the following model to facilitate this discussion?

  • A. CATWOE
  • B. Business model canvas
  • C. Balanced scorecard
  • D. Value chain analysis
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Suggested Answer: B 🗳️

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Rabbitsfoot
3 days, 15 hours ago
B - Guide pg 90 - Technique BABOK 10.8 Business model canvas: Used to understand how the organization creates value propositions and how analytics is currently leveraged. It is useful in identifying areas where analytics can be a competitive advantage in delivering business outcomes.
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