Core competency 1: Business acumen
Business analysis requires an understanding of fundamental business principles and best practices in order to ensure they are considered as solutions and reviewed.
Business acumen refers to the requirement for a business analyst to have a fundamental understanding of business principles. This is so that the business analyst is able to consider these principles when working with stakeholders to develop solutions to business needs. As the business analyst becomes more experienced and knowledgeable, their level of business acumen develops and becomes more valuable and complete. Having a strong business acumen enables the business analyst to operate within different organizations, applying common business principles ...
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