Executive Business Analyst MCQs

Executive Business Analyst MCQs

Our team has conducted extensive research to compile a set of Executive Business Analyst MCQs. We encourage you to test your Executive Business Analyst knowledge by answering these multiple-choice questions provided below.
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1: In the long run a business must:

A.   Charge a price that covers both fixed and variable costs

B.   Charge a price that covers its variable costs only

C.   Charge a price that covers its fixed costs only

D.   Charge a price that leads to a positive contribution

2: In break even analysis which of the following is true?

A.   The greater the angle of incidence the greater the risk of the project

B.   The greater the angle of incidence the more profit can be earned

C.   The greater the angle of incidence the more costs the business will incurred

D.   The greater the angle of incidence, the lower the level of contribution per unit

3: Limiting factor analysis refers to:

A.   A situation where a business tries to substitute scarce resources to increase production

B.   A situation where a business produces products that use the smallest amount of scarce resources

C.   A situation where a business tries to minimise its costs

D.   A situation where a business tries to maximise contribution subject to resource constraints

4: SLEPT is widely used by marketers in analyzing their marketing environment. It is an acronym for:

A.   Systems, Leadership, Empowerment, People and Tactics

B.   Strategy, Leadership, Environment, Planning and Tactics

C.   Social, Legislation, Economic, Political and Technology

D.   Socio, Legal, Economic, Political and Technology

5: Which of the following is not a benefit for conducting environmental analysis?

A.   An increase in an organization's exposure to politically unstable markets

B.   Aid to decision making

C.   Choice of market and marketing mix

D.   Prioritize and manage risk factors

6: Which of the following achievements cannot be attributed to political alliances formed between large business organizations and governmental bodies?

A.   The EU Single European Act

B.   Almost every market-opening move undertaken by the US in recent years.

C.   The alleged dumping of cheap meat in Mexico by US exporters

D.   Increasing levels of 'fair trade' between Western and so-called Third World economies

7: What should a business analyst do when the benefits of a project are not 100% attributed to only one project?

A.   Write it on a separate document for later approval

B.   Distribute the benefit across business cases for each project

C.   Include the resulting measures in the business case along with actual cost and benefit projection

D.   Do not mention the benefits that are not a direct result of the project

8: What is primary stakeholder for creating and maintaining business architecture?

A.   Executive and middle management

B.   Individual contributors

C.   Shareholders

D.   Project and operational teams

9: What is the primary role for a business analyst during enterprise analysis?

A.   Plan the enterprise analysis and dictate the organizational direction

B.   Determine the financial needs of the organization

C.   Provide management with information needed to make decisions

D.   Select and prioritize projects

10: You've determine based on your assessment of the proposed solutions that two solutions provide comparative business value and do not any substantive differences in their core features. Which is would be your next best course of action to select the best solution?

A.   Identify additional potential capabilities and determine the best solution by ranking those capabilities

B.   Ask the end users to select the solution they prefer most

C.   Ask the sponsor to select the best solution that they believe would be best for their organization

D.   You've done all you can do, escalate this to the PM who would determine the best solution based on other project criteria

11: As the business analysis activity advances, due to budgetary constraints, the sponsors ask that the team should focus their effort of the subsequent work only on the most critical requirements. What must the business analyst do?

A.   Prioritize Requirements

B.   Organize Requirements

C.   Verify Requirements

D.   Validate Requirements

12: Michael Cohn is a "member" (a type of owner) of a marine supply business. Michael's business is

A.   A sole proprietorship

B.   A corporation

C.   A limited liability company

D.   A general partnership