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Ch 7: Types of Business Analysis & Management Models

About This Chapter

If you need to study business analysis and management models for a project, homework assignment or exam, check out this collection of business lessons and quizzes. The chapter's flexible online format allows you to boost your business knowledge at any time that's convenient.

Types of Business Analysis & Management Models - Chapter Summary

Take a look at this comprehensive business chapter to review various types of business analysis and management models. Our expert instructors explain the purposes and functions of several models, including the waterfall, business process, decision analysis, iterative and rational decision making models. When you're finished with the chapter, you should be able to:

  • Outline the iterative model in SDLC methodology
  • Recognize the steps of the rational decision making model
  • Explain the use of the process model in business analysis
  • Describe the waterfall and business process models
  • Summarize Lewin's force-field analysis change model
  • Evaluate several decision analysis models
  • Understand cost-benefit analysis
  • Define Lean Six Sigma

To help you reinforce your understanding of these business analysis and management models, we've included short quizzes throughout the chapter. You can access these resources at any time, and the chapter is accessible on any device that has an Internet connection. If you need any clarification on the lesson topics, simply submit your questions to our instructors online.

9 Lessons in Chapter 7: Types of Business Analysis & Management Models
Test your knowledge with a 30-question chapter practice test
Waterfall Model: Definition & Example

1. Waterfall Model: Definition & Example

The waterfall model approach to project management is one of several different methodologies. In this lesson, we'll learn the phases of the waterfall model and the advantages and disadvantages to using it.

Iterative Model in SDLC Methodology

2. Iterative Model in SDLC Methodology

The iterative model in the Software Development Life Cycle is explained in detail. Examples of the iterative model within the life cycle, including process steps and scenarios, are provided.

The Rational Decision Making Model: Steps and Purpose in Organizations

3. The Rational Decision Making Model: Steps and Purpose in Organizations

Managers often rely on fact-based analytical decision making. Rational decision making can be very beneficial in the business world and differs from intuitive processes in several ways. Learn more about both decision-making tools, and find out which process provides the best solutions.

Process Model in Business Analysis

4. Process Model in Business Analysis

The process of completing tasks is an extremely important part of doing business. In this lesson, we will discuss the business process model and how it can be used in business analysis.

Business Process Model and Notation: Process & Examples

5. Business Process Model and Notation: Process & Examples

Business Process Model and Notation (BPMN) provides a standard that provides for a common understanding between business process designers and business process technical developers. This lesson gives a general orientation and an example of how BPMN is used.

Kurt Lewin's Force-Field Analysis Change Model

6. Kurt Lewin's Force-Field Analysis Change Model

Kurt Lewin's force field analysis change model was designed to weigh the driving and restraining forces that affect change in organizations. The 'force field' can be described as two opposite forces working for and against change. In this lesson, we'll learn how to analyze the force field.

Decision Analysis: Models & Tools

7. Decision Analysis: Models & Tools

Each day we make important decisions, personally and professionally. Often we use decision-making tools without even realizing it. In this lesson, we'll discuss some important models and tools that we can use to improve our decision-making process.

Understanding & Using Cost-Benefit Analysis

8. Understanding & Using Cost-Benefit Analysis

This lesson will introduce the concepts, advantages, and disadvantages of cost-benefit analysis. Although the cost-benefit analysis is an excellent tool, we shall see that not all costs and benefits can easily be assigned monetary values.

What Is Lean Six Sigma? - Definition & Difference

9. What Is Lean Six Sigma? - Definition & Difference

Increasing efficiency and boosting profits are important to all businesses. But how can businesses do that? In this lesson, we'll examine the Lean Six Sigma program, including how it can help businesses eliminate waste and become more efficient.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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