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CBA Practice Examination (200 Questions) AND CORRECT ANSWERS LATEST GRADE A
Typology: Exams
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Section 1: Foundational Concepts (Questions 1-25)
Answer: c) To depict the end-to-end set of activities that deliver value to a customer or stakeholder Explanation: Value streams show how an organization creates and delivers value from a customer or stakeholder's perspective.
Explanation: The hierarchy starts with the broad business unit, then high-level capabilities, refined into sub-capabilities, and finally activities that support them.
b) Simplify the capability to remove unnecessary complexity c) Increase the budget for the capability d) Replace the capability with a new one Answer: b) Simplify the capability to remove unnecessary complexity Explanation: Over-engineering creates waste; simplifying aligns with lean principles and improves performance.
b) Stable over time and not frequently altered c) Completely owned by the IT department d) Only used for annual financial planning Answer: b) Stable over time and not frequently altered Explanation: Capabilities represent what a business does, which changes much less frequently than how it does it (processes) or who does it (organization).
c) Organization Map d) Information Map Answer: b) Value Stream Map Explanation: Value stream maps visualize the flow of activities, highlighting handoffs and waiting periods that can create delays.