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Q:

What do you think about the challenges faced by a Business Analyst ? 

Answer:



Q:

Which of these phrases best describes the business cycle?

A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money D) A system of managing the economy by increasing or decreasing federal expenditures
 
Answer & Explanation Answer: B) A recurring cycle of booms and busts, recoveries and recessions

Explanation:
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Filed Under: Business Analyst - Technology
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A low trough is indicative of

A) the start of a depression B) the end of a recession
C) a serious depression D) a growing recession
 
Answer & Explanation Answer: D) a growing recession

Explanation:

A low trough is indicative of "a growing recession" since a trough indicates a general change in the business cycle, which can have varying degrees of importance. A recession could be an important decline in economic activity that goes on for quite many months.

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Filed Under: Business Analyst - Technology
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

0 86
Q:

Examples of networking in business.

A) Online/social media networks B) Community service clubs
C) Strong contact networks D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Networking is a socioeconomic business activity by which businesspeople and entrepreneurs meet to form business relationships and to recognize, create, or act upon business opportunities, share information and seek potential partners for ventures.

 

Examples of Business networks are ::

1. Casual contact networks

2. Strong contact networks

3. Community service clubs

4. Professional associations

5. Online/social media networks.

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Job Role: Bank Clerk , Bank PO

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Q:

How many steps are in the system development life cycle?

A) 3 B) 4
C) 5 D) 6
 
Answer & Explanation Answer: D) 6

Explanation:

The process of System development life cycle goes through a series of stages in step wise fashion that almost every developing company follows.

Known as the 'software development life cycle,' these six steps include:

 

1. Planning

2. Analysis

3. Design

4. Development & implementation

5.Testing & deployment and

6. Maintenance.

 

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Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following is NOT true about enterprise systems?

A) The software is expressly built to allow companies to mimic their unique business practices B) The software includes analytical tools to evaluate overall organization performance
C) They help firms respond rapidly to customer requests for info or products D) The data have standardized definitions and formats that are accepted by the entire organization
 
Answer & Explanation Answer: A) The software is expressly built to allow companies to mimic their unique business practices

Explanation:

Enterprise systems (ES) are large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.

 

Here option A) The software is expressly built to allow companies to mimic their unique business practices is not TRUE about enterprise systems.

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Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , IT Trainer

0 144
Q:

How do you define a traceability matrix?

Answer

Traceability matrix is a cross matrix for recording the requirements through each stage of the requirements gathering process. This matrix should also take into account any changes in the scope during the life of the project. 


     At the end of the project this matrix should show each function built into a system, its source and the reason that any stated requirements may not have been delivered. 

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Q:

What are JAD sessions?

Answer

JAD (Joint Application Development) is a methodology that involves the client or end user in the design and development of an application, through a succession of collaborative workshops called JAD sessions.


The JAD approach, in comparison with the more traditional practice, is thought to lead to faster development times and greater client satisfaction, because the client is involved throughout the development process. In comparison, in the traditional approach to systems development, the developer investigates the system requirements and develops an application, with client input consisting of a series of interviews.

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Q:

What are the tasks of a Business Analyst in Software Development Life Cycle?

Answer

Generally a business analyst covers several stages in Software Development Life Cycle.


Like:  Client Consulting, Client Requirement Study, Planning for business needs, Business Requirement Documenting, Work on functional requirement, Prepare test data with inputs from end users, Document use case scenarios, Help Testing team with test plan and testing, Help end users with user acceptance testing UAT, Go live and post production support tasks.

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