MAT119 Quantitative Business Analysis

  • Subject Code :  

    MAT119

  • Country :  

    US

  • University :  

    Thomas Edison State University

Answer:-

1) From the Harvard Business Review article, “What Do You Really Mean By Business Transformation” – Name The 3 Fundamentally Different Categories Of Effort?

From the Harvard Business Review article, three categories of business transformation are identified. They include;

  1. Operationalwhich involves the use of new technology to solve old problems. This type of change does not, however, bring about transformation.
  2. Operational modelwhich involves doing things in a fundamentally different way from how things are being currently done.
  3. Strategic transformation which involves a change in the strategic plan of the business in order to bring about transformation.
2) From the BPM CBOK, name the 4 examples of Process Model Framework:
  1. Simple multi-level or pyramid framework.
  2. The APQC Process Classification framework.
  3. The Porter’s value chain framework.
  4. Industry-specific frameworks, for instance those in the insurance or telecommunications industries.
3) Name 3 ways Business Architecture is used for?
  1. It is used for SWOT analysis, that is, to analyze an organization’s strengths, weaknesses, opportunities and threats.
  2. It is used for coming up with an organization’s balanced scorecard aimed at measuring organizational progress.
  3. It can be used in the Canvas Business model for decision making by filling key areas which include value proposition, client relationships, key activities, and revenues among others.
4) Define the acronym, CDO

C – Collateralized

D – Debt

O – Obligation

5) One of the most common misconceptions about business change is that it needs technology to be successful.  Most choose technology and fail for 2 reasons.  What are the 2 reasons?
  1. Poor implementation.
  2. Misalignment of solutions to business problems.

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