Business Analysis

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Most business analysts appear to work for IT, but is that the right place to be for a profession whose mission is in the business realm? List all the roles business analyst plays and explain why each of the role is important for business analytics. Explain, why relationships between business analyst and stakeholders are so complic​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ated. How can business analyst manage conflict situations? Give examples. What is the process to follow to increase the changes of successful problem solving in the business? How is the product scope defined? What’s the best way to create the business case? Is it the job of the business analyst? How does ethics come into play when dealing with business analysis​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​?

 

Sample Solution

Business Analysis

Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements and deliver data-driven recommendations and reports to executives and stakeholders. Business analysts work with organizations to help them improve their processes and systems. They conduct research and analysis in order to come up with solutions to business problems and help to introduce these systems to businesses and their clients. The relationship between a business analyst and the stakeholders is one of the fundamentals to the journey of delivery. If the relationship is dysfunctional, the process of delivering the solution will be negatively impacted.

(BEE) after attaining independence and abolishing the apartheid regime. This programme is aimed at the young aspiring entrepreneurs in South Africa. In my own country Botswana, the government established the Citizen Entrepreneurship Development Agency (CEDA), whose aim is to support the local entrepreneurs both financially and technically so as to create more jobs and alleviate poverty.

Figure 5: Shows Nigeria’s unemployment rate

Source: http://www.tradingeconomics.com/nigeria/unemployment-rate

Hindrances to Africapitalism

The economic philosophy of Africapitalism is of much benefit to countries within the African continent that have very transparent governments. However in Nigeria this unfortunately is not the case. The economic philosophy of Africapitalism fails to reach many of its goals due to internal problems in the country’s government such as corruption. Some of the challenges faced by the Government of Nigeria are discussed and elaborated below.

Corruption

Nigeria’s public sector is one of the key prospects for Nigeria to further develop its economy. In order for Africapitalism to thrive it is important that both the private and public sector work hand in hand so that the goals of Africapitalism can be achieved. In Nigeria this is a problem that is being addressed, though not much has been done until recent times. Huge government funds that should have been allocated into improving the wellbeing of Nigerians is going into top government officials’ pockets. This is a huge problem as many Nigerian officials are living better off at the expense of millions of Nigerians who do not have an adequate standard of living. For instance Former President Goodluck Jonathan has been accused of embezzling an astonishing $15 billion worth of public funds during his 5 year term as President. Former President Goodluck Jonathan is only one of the many high ranked officials who have committed such offences. Under Jonathan’s presidency, Nigeria’s corruption levels had peaked, with Transparency International ranking the West African nation as the 136th most corrupt nation out of the 167 nations that were surveyed.

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