Preparing for elicitation is the elicitation activity that ensures that the needed resources are organized and available for the elicitation. It involves understanding the scope of the elicitation activity, selecting appropriate techniques, and planning for or procuring appropriate supporting materials and resources1. Preparing for elicitation helps to define the desired outcomes of each elicitation activity, and ensures that the stakeholders have the information they need to provide and understand the nature of the activities they will participate in2.
The other options are not correct because:
Confirming elicitation results is the elicitation activity that ensures that the information obtained from the elicitation is accurate, complete, clear, and consistent3.
Planning for elicitation is the business analysis planning and monitoring activity that defines the approach and activities for eliciting, analyzing, and managing requirements4.
Managing stakeholder requirements is the requirements lifecycle management activity that ensures that the requirements and designs are aligned with the needs of the stakeholders and the solution scope5.
Reference:
Conducting elicitation activity - The Functional BA, section "Guide elicitation activity" Prepare for Elicitation, section "Description of Change" Confirm Elicitation Results, section "Description of Change" Plan Business Analysis Elicitation, section "Description of Change" Manage Stakeholder Requirements, section "Description of Change"