CBA Technology & Digital Business Transformation 2

Question 1

In business analytics, 'big data' refers to:

Accepted Answer

Extremely large, complex datasets requiring advanced tools to extract actionable insights

Answer

Big data refers to high-volume, high-velocity, and high-variety datasets that traditional tools cannot handle, requiring specialized analytics to extract business insights.

Question 2

In a B2C e-commerce model, transactions occur between:

Accepted Answer

A business and individual consumers directly

Answer

B2C (Business-to-Consumer) e-commerce involves businesses selling products or services directly to individual end-users, such as an online retailer selling to shoppers.

Question 3

What is an API (Application Programming Interface) primarily used for in business technology?

Accepted Answer

Allowing different software applications to communicate and share data

Answer

APIs enable different software systems to interact and exchange data, allowing businesses to integrate tools such as connecting their e-commerce platform with shipping or accounting software.

Question 4

Which technology is most associated with creating immutable, decentralized transaction records?

Accepted Answer

Blockchain

Answer

Blockchain creates a distributed ledger of transactions that is extremely difficult to alter, providing transparency and security for financial transactions and supply chain tracking.

Question 5

In cloud computing, 'scalability' refers to:

Accepted Answer

The ability to increase or decrease computing resources based on business needs

Answer

Scalability allows businesses to quickly expand or reduce their computing resources to match demand fluctuations, avoiding over-provisioning or underperformance.

(CBA) Certified Business Advisor Practice Test

(CBA) Certified Business Advisor Practice Test

CBA Technology & Digital Business Transformation 2