Which type of analysis would you use to assess whether business requirements are being met?

Enhance your business proficiency with the Peregrine Global Services Business Exam. Prepare using flashcards and multiple choice questions, complete with explanations and hints!

Using GAP Model Analysis is an effective approach to assess whether business requirements are being met. This type of analysis focuses on identifying the difference between the current performance or condition and the desired performance or condition of a business. By evaluating the gaps between what is currently being delivered and what is required, organizations can pinpoint areas needing improvement and prioritize actions to bridge those gaps.

GAP Model Analysis helps in highlighting specific deficiencies in processes, resources, or outputs relative to the defined business requirements. This allows organizations to formulate strategies to enhance their performance and ensure alignment with business objectives.

In contrast, the other types of analysis mentioned serve distinct purposes. Cost-benefit analysis evaluates the financial implications of projects or decisions but does not directly measure performance against specific business requirements. Market analysis focuses on understanding market trends and consumer behavior rather than internal performance metrics. Resource allocation analysis deals with how resources are distributed across various projects or departments and does not specifically assess compliance with business requirements. Therefore, GAP Model Analysis is the most suitable choice for evaluating whether business requirements are being adequately addressed.

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