The Business Analysis Body of Knowledge (BABOK) is a comprehensive guide that outlines the knowledge and practices essential for effective business analysis. It serves as a standard for professionals in the field, detailing various tasks, techniques, and competencies required to identify business needs and propose solutions. Developed by the International Institute of Business Analysis (IIBA), BABOK is divided into several knowledge areas, including requirements elicitation, analysis, and management. It helps business analysts enhance their skills and provides a framework for organizations to improve their processes and decision-making capabilities.