Certified Business Analysis Professional (CBAP) — Question 334
Which of the following compares two or more systems, states, services, products, or things to determine the best viable choice?
Answer options
- A. Benchmarking
- B. Risk Identification
- C. Risk analysis
- D. Cost-benefit analysis
Correct answer: A
Explanation
The correct answer is A, Benchmarking, as it specifically involves comparing different entities to identify the best option. The other options do not focus on comparison; Risk Identification is about recognizing potential risks, Risk analysis assesses those risks quantitatively, and Cost-benefit analysis evaluates the financial implications of decisions rather than direct comparisons.