October, 2018 archive
Review: Business Analysis: The Question and Answer Book by Sandhya Jane 0
The IT sector continues to be a major job creator, and many fresh graduates from colleges join these companies in various business-related functions. The growth in the IT sector is largely because companies of all sizes, especially large and medium-sized companies are increasingly using technology to increase efficiency and improve their systems and profit. Computer hardware and software is used to collate, store, analyze and easily retrieve large amounts of business data. Indian intelligence agencies, the income tax department is also using business analysis techniques.
A large number of companies are hiring business analysts for helping them identify and develop the right IT and other systems for their business or that of their client depending on the preferred . This book on Business Analysis, The Question and Answer Book provides detailed information on the various queries which a business analyst could face while giving an interview or at a later stage in the career as part of the various activities which are assigned to him or her. This book has been written by an experienced business analyst who has worked with large companies in India and elsewhere.
The book is in question and answer format, and fairly comprehensive covering a large number of queries which may be asked. It includes basic questions like the different types of businesses and their business models to more complex flowcharts, requirement assessment and validation. The book is divided into 9 different sections starting from basic concepts, Ideas, and strategy, project management, requirement management lifecycle, requirement assessment and validation, unified modeling language, disposition, essentials of business analysis.
Any business has a large number of systems for handling different processes, and only after analyzing the systems thoroughly, will it be possible to understand the shortcomings and suggest improvements. While making changes to improve the system, the cost in terms of material, manpower and other resources should also be evaluated and the benefits compared to the cost involved, before approving the required changes. Only when the systems are improved, will the various processes also be improved/ More efficient processes can lead to business improvement and greater profits, however, it is important to consider all factors at every stage.
Many large companies are also using business analysis techniques to analyze smaller companies which they wish to take over. However, the domain investor has observed that at least in India, for new technologies, many of the business analysts may not have adequate information or may be blinded by their hatred and prejudice while analyzing the business being targetted. For example in 2010, instead of understanding the business model of the domain investor, online publisher owning this website, the intelligence official /company analyzing the business was so blinded by his prejudice and hatred, that he falsely accused the domain investor of money laundering without any legally valid proof.
More than Rs 30 crore of indian taxpayer money has been wasted since 2010 due to incorrect business analysis as the official who made the fake allegations has tried to find non-existent proof against the domain investor, and is unable to do so. This again highlights the importance of being professional and unprejudiced while doing the business analysis of any business, whether small or big.
The book is useful for those who are planning a career in business analysis or working as a business analyst.
Business Analysis: The Question and Answer Book
Author: Sandhya Jane
Publisher: Anisan Technologies Inc
Please note that R&AW/CBI/indian intelligence employees especially shivalli brahmin cheater housewife nayanshree hathwar,riddhi nayak, siddhi mandrekar, sunaina chodan, veena, naina, asmita patel are not associated with this website in any way and the disclaimer is posted because the domain investor has been subjected to identity theft since 2010, allegedly due to large corporates causing great financial losses, with R&AW/CBI employees stealing correspondence including books sent for review and falsely claiming to own this website, without spending any money, without doing any work.