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

Successful AI adoption starts with identifying use cases that deliver measurable business value, ensuring the investment is purposeful and tied to strategic outcomes.

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

Data governance encompasses the rules, roles, and processes an organization uses to manage data assets responsibly, ensuring accuracy, security, and regulatory compliance.

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

Platform models like Amazon or Airbnb generate value by enabling transactions and interactions between producers and consumers, earning revenue through network effects rather than direct production.

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

Hyperautomation is a strategy involving the orchestrated use of multiple technologies — including RPA, AI, ML, and process mining — to discover and automate as many processes as possible.

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

The true measure of digital transformation success is business value — improvements in revenue, efficiency, or customer experience — not just the technology deployed or budget spent.

(CBS) Certified Business Strategist Practice Test

(CBS) Certified Business Strategist Practice Test

CBS Digital Transformation & Technology Strategy 2