Which of the following techniques is used in conducting a current state assessment?

Prepare for the IIBA Certified Business Data Analyst Test. Study with detailed flashcards and multiple choice questions. Each question offers helpful hints and detailed explanations. Be exam ready!

The business model canvas is a strategic management tool used to visually represent and assess a business model. In the context of conducting a current state assessment, it facilitates the identification and analysis of key components such as value propositions, customer segments, channels, revenue streams, and key activities. This comprehensive view aids in understanding how the business currently operates and where potential improvements can be made. The canvas allows analysts to quickly visualize interdependencies and areas that may require deeper investigation, thus enhancing the overall understanding of the current state.

When applied effectively, the business model canvas helps organizations identify strengths, weaknesses, and opportunities within their current framework, making it an essential technique for conducting a thorough current state assessment.

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