BS Module 2

Which statement defines a company's long-term aspirations and future direction?

• Mission

• Vision

• Values

• Tagline

Which component represents the fundamental beliefs and principles that guide an organization's behavior?

• Vision

• Mission

• Values

• Tagline

The Business Model Canvas is a strategic management tool that helps visualize and describe a company's:

• Financial statements

• Organizational structure

• Value proposition

• Marketing plan

The TOWS matrix is a strategic planning tool that helps organizations to:

• Evaluate their internal strengths and weaknesses

• Analyze external opportunities and threats

• Identify strategic alternatives and actions

• All of the above

What is the purpose of an Industry 4.0 readiness assessment?

• To evaluate the technological infrastructure of an industry

• To assess the readiness of an industry for digitalization

• To identify areas for improvement in adopting Industry 4.0 technologies

• All of the above

Which factor assesses the extent to which an industry embraces innovation and change?

• Technological infrastructure

• Organizational culture and mindset

• Connectivity and interoperability

• Data analytics and artificial intelligence

The concept of cyber-physical systems in Industry 4.0 refers to the integration of

• Physical machinery and digital technologies

• Cloud-based storage and computing

• Virtual reality and augmented reality

• Social media and online platforms

What does Industry4WRD refer to?

• The fourth industrial revolution worldwide

• A policy initiative in Malaysia for the fourth industrial revolution

• The readiness assessment for Industry 4.0 implementation

• All of the above

The Industry4WRD initiative focuses on which sector of the Malaysian economy?

• Services

• Agriculture

• Manufacturing

• Tourism

The Smart Industry Readiness Index (SIRI) was developed by:

• United Nations Industrial Development Organization

• World Economic Forum

• International Organization for Standardization

• International Data Corporation