A: Organizational process assets: This is a correct input of planning the business analysis approach, as it provides the plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization. Organizational process assets help to guide and standardize the business analysis activities and deliverables.
B: Penalty of not seizing the opportunity: This is an incorrect input of planning the business analysis approach, as it is not a factor that affects the selection of the business analysis approach, but a benefit that is expected from the solution. The penalty of not seizing the opportunity is the potential loss or disadvantage that the organization may face if it does not implement the solution that addresses the business problem or opportunity.
C: Expert Judgement: This is a correct input of planning the business analysis approach, as it provides the knowledge and experience of the experts who have relevant skills or expertise in the business analysis domain or the project domain. Expert judgement helps to advise and support the business analyst in choosing the most appropriate and effective business analysis approach for the project.
D: Business need: This is a correct input of planning the business analysis approach, as it defines the problem or opportunity that the project or the solution aims to resolve or exploit. The business need helps to determine the scope, objectives, and requirements of the solution and the project.