CBS Digital Transformation & Technology Strategy 2

Question 1

A business strategist evaluating AI adoption should FIRST consider which factor?

Accepted Answer

Whether AI use cases align with specific business value drivers

Answer

The cost of AI hardware procurement

Answer

The number of AI vendors in the marketplace

Answer

Employee sentiment toward automation

Question 2

What does 'data governance' mean in the context of a digital transformation strategy?

Accepted Answer

The policies, processes, and standards that ensure data quality, security, and appropriate use

Answer

Restricting all data access to senior leadership only

Answer

Encrypting all company databases with proprietary algorithms

Answer

Deleting outdated records to comply with privacy laws

Question 3

In a platform business model enabled by digital technology, value is PRIMARILY created through:

Accepted Answer

Facilitating interactions between two or more interdependent user groups

Answer

Manufacturing proprietary products at scale

Answer

Employing the largest workforce in the industry

Answer

Owning the most physical distribution channels

Question 4

What is 'hyperautomation' as defined in enterprise digital strategy?

Accepted Answer

The combined use of AI, RPA, and other technologies to automate as many business processes as possible

Answer

Replacing all human employees with robots across the organization

Answer

Upgrading all company computers to the latest hardware

Answer

Automating only back-office financial processes

Question 5

Which metric BEST measures the business impact of a digital transformation initiative?

Accepted Answer

Business value realized such as revenue growth, cost savings, or customer satisfaction improvement

Answer

Number of new software applications deployed

Answer

Total IT budget spent on digital projects

Answer

Number of employees trained on new digital tools

Question 6

A 'build vs. buy vs. partner' decision in technology strategy refers to:

Accepted Answer

Choosing between developing technology in-house, purchasing solutions, or forming alliances

Answer

Whether to construct new office buildings or rent space

Answer

Deciding whether to hire employees or use contractors

Answer

Selecting between domestic or international suppliers

Question 7

What role does change management play specifically in digital transformation?

Accepted Answer

It ensures people, processes, and culture adapt alongside technology implementation

Answer

It replaces technical training programs for employees

Answer

It focuses exclusively on updating company policies and procedures

Answer

It manages IT vendor contract negotiations