PeopleCert CABA Exam - Topic 2 Question 72 Discussion

Actual exam question for PeopleCert's CABA exam

Question #: 72
Topic #: 2

As a Business Analyst you are required to analyze the existing ways the organization works and compare it with the way their competition works. In this scenario, which tool would be more effective for you?

ABenchmarking

BScatter Plot

CControl Chart

DPareto Chart

Show Suggested Answer

Suggested Answer: A

by Glory at Jul 27, 2023, 12:15 AM

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Keshia

8 months ago

Not sure if Benchmarking is enough on its own. What about qualitative insights?

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Lina

8 months ago

Surprised no one mentioned Pareto Charts! They highlight key issues effectively.

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Cherry

8 months ago

Control Charts are more for process control, not really for competition analysis.

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Leatha

8 months ago

I think a Scatter Plot could help visualize trends too!

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Aliza

9 months ago

Benchmarking is definitely the way to go for comparing with competitors.

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Jules

9 months ago

I feel like Pareto charts could help identify major issues, but they might not provide a full comparison with competitors.

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Abel

9 months ago

Control charts seem more focused on quality control, so I'm not convinced they fit this scenario.

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Cortney

9 months ago

I'm not entirely sure, but I remember practicing with scatter plots for analyzing trends. Would that be useful here?

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France

9 months ago

I think benchmarking might be the best choice here since it directly compares our processes with competitors.

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Jesusita

9 months ago

I'm a bit confused about the relationship between the Price Book, currencies, and the Opportunity/Quote. I'll need to review my notes on how Price Books work across different currencies.

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Shaun

10 months ago

Hmm, I'm a bit unsure about this one. The question is asking for two automations, but some of the options only mention a single step. I'll need to carefully consider which combinations would fully accomplish the task.

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Shonda

10 months ago

Okay, let's think this through step-by-step. We need to calculate the VAT that the organization has to pay, and the key information we have is the profit, sales, purchases, and tax rates.

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Levi

1 year ago

Benchmarking is the way to go, no doubt about it. Unless your competition is a bunch of rocket scientists, then maybe a scatter plot would be useful. But I doubt it.

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Norah

1 year ago

Pareto chart could also be helpful in identifying the most significant factors affecting performance compared to competitors.

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Mertie

1 year ago

Scatter plot might be useful if we need to visualize data points, but benchmarking is more effective for competition analysis.

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Adelaide

1 year ago

I agree, benchmarking allows us to compare our performance with others in the industry.

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Arlyne

1 year ago

Benchmarking is definitely the way to go for analyzing competition.

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Hillary

1 year ago

Haha, a Pareto chart? What, are we going to find the 20% of competitors that give us 80% of the trouble? Benchmarking is the clear winner here.

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Brittani

1 year ago

A) Benchmarking is the clear winner here.

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Oretha

1 year ago

Haha, a Pareto chart? What, are we going to find the 20% of competitors that give us 80% of the trouble?

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Laurel

1 year ago

A) Benchmarking

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Pansy

1 year ago

Control charts? Really? That's more for statistical process control, not business analysis. Benchmarking is the way to go, people!

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Jaime

1 year ago

Pareto chart could also be useful for identifying the most important factors to focus on.

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Eric

1 year ago

I agree, control charts are more for monitoring processes, not analyzing competition.

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Mary

1 year ago

Pareto chart could also be useful for identifying the most important factors to focus on.

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Andrew

1 year ago

Benchmarking is definitely the way to go for comparing with the competition.

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Annelle

1 year ago

I agree, control charts are more for monitoring processes, not analyzing competition.

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Svetlana

1 year ago

Benchmarking is definitely the way to go for comparing with the competition.

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Glory

1 year ago

I prefer Pareto Chart, it helps in identifying the most significant factors affecting performance.

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Norah

1 year ago

I'm not sure a scatter plot would be the best tool for this kind of analysis. Benchmarking is definitely the way to go.

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Justine

1 year ago

Scatter plot might not be the best choice for this type of analysis, but it could still provide some valuable insights.

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Carlene

1 year ago

Pareto chart could help us prioritize which areas we need to focus on based on the 80/20 rule.

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Kent

1 year ago

I think a control chart could also be useful to track our performance over time and identify any trends.

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Peggie

1 year ago

I agree, benchmarking would give us a clear picture of where we stand compared to our competition.

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Valda

1 year ago

I agree with Talia, Benchmarking allows for direct comparison with competition.

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Rusty

1 year ago

Benchmarking seems like the obvious choice here. It allows you to compare your organization's processes with the industry best practices.

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Talia

1 year ago

I think Benchmarking would be more effective.

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