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Correct Answer: capability and capacity analysis
stephanie has been tasked by senior executives with a specific type of business analysis known as capability and capacity analysis. this form of analysis is crucial in determining how much work can be completed within a given timeframe using the resources currently available to the organization.
capability analysis involves examining the skills, tools, and knowledge available within the organization. it looks at whether the team has the necessary competencies to execute specific tasks or projects. this might include reviewing the qualifications and experience of the staff, the technology at their disposal, and any other assets that contribute to the operational capabilities of the business.
capacity analysis, on the other hand, assesses the volume of work that can be handled by the resources identified in the capability analysis. this typically involves looking at factors such as manpower, machine availability, and the time required to complete tasks. it considers the maximum output possible under normal conditions and seeks to identify potential bottlenecks or resource constraints that could impede productivity.
by conducting both analyses, stephanie will be able to provide a comprehensive report to the executives. this report will outline not just the current state of available resources, but also the extent to which these resources can be utilized to achieve business goals. the outcome will help in strategic planning, resource allocation, and might influence hiring or investment decisions to address any identified gaps in capability or capacity.
thus, the request made to stephanie by the senior executives is strategic in nature, aiming to align company resources with its operational and strategic objectives effectively. it ensures that the organization can meet its commitments and plan for future projects without overextending its current capabilities or capacity.
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