Which outcome indicates a successful identification of a business problem?

The formulation of actionable research questions indicates a successful identification of a business problem because it reflects a clear understanding of the issue at hand. When actionable research questions are established, it shows that the analyst has effectively dissected the business problem and identified key areas that require investigation. This process helps to guide the data analysis and research efforts, ensuring that they are aligned with the underlying business needs.

Actionable research questions serve as the foundation for further exploration, enabling the team to focus on obtaining relevant data and insights. This clarity and direction ultimately contribute to informed decision-making and strategic planning, making it a true marker of success in identifying a business problem. In contrast, increased operational costs, confusion among stakeholders, and extended project duration would signify issues or obstacles rather than successful identification of problems.