Modeling Techniques used by Business Analysts
Define a Business Model
Define a Business Model • A Business Model is actually a plan or method employed by a company to earn revenues and make profits
• It involves various components of business and ways for achieving the business goals
Why Business Analysts perform Business Modeling?
Why Business Analysts perform Business Modeling? Business Analysts perform Business Modeling in order to: Review the progress of the business Understand the business requirements Handle the business goals Meet the solutions
Business Models Used by Business Analysts
Business Models Used by Business Analysts Activity Diagram • It is a behavioral diagram that shows the sequential flow of activities through a system
Business Domain Model • It describes the role of various entities and their relationships to solve a specific business problem
Business Models Used by Business Analysts
Business Models Used by Business Analysts Competitive Comparison Matrix • It presents a competitive model of the business competitors
Data Model • It represents the overall information of an organization
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