Certification of Capability in Business Analysis (CCBA) — Question 195
A long-established company selling ice cream is entering its crucial sales period leading up to summer. Based on the company's risk tolerance, a business analyst (BA) has advised against replacing the most popular flavors with new untested flavors. What is the company's attitude toward risk, as assessed by the BA?
Answer options
- A. Risk-optimizing
- B. Risk-seeking
- C. Risk-neutral
- D. Risk-averse
Correct answer: D
Explanation
The company is considered risk-averse because it prefers to maintain its popular flavors rather than experiment with new, untested ones, indicating a cautious approach to risk. In contrast, risk-seeking would imply a willingness to embrace new flavors despite potential losses, while risk-neutral would suggest indifference to the outcomes. Risk-optimizing would indicate a strategy focused on maximizing potential benefits, which does not align with the company's current strategy.