What are the core concepts in Business Analysis? There are Six Core Concepts that form the foundation of Business Analysis: change, need, solution, context, stakeholder, and value. The Business Analysis Core Concept Model™ (BACCM™) describes the relationships among these Core Concepts in a dynamic conceptual system. All the concepts are equally necessary: there is no 'prime' concept, and they are all defined by the other Core Concepts. Because of this, no one Core Concept can be fully…