CSA Unit IV Quiz

The set of processes developed in an organization to create, gather, store, transfer, and apply knowledge, best describes:

• organizational learnings

• knowledge assets

• organizational memory

• knowledge management

A knowledge-intensive computer program that captures the expertise of a human in limited domains of knowledge describes:

• virtual reality

• an expert system

• a decision support system

• neural network

What advantage do business leaders seek by capturing unique insights from data?

• Regulatory compliance

• Enhanced employee morale

• Increased operational costs

• Competitive edge

What do forward-thinking business leaders understand about gaining insights from data?

• It's unnecessary for maintaining competitiveness

• It's an isolated task separate from business operations

• It requires a holistic approach

• It's solely dependent on the volume of data

What advantage does cognitive computing offers over traditional manual methods in data analysis?

• Reduced reliance on advanced analytic algorithms

• Limitation in uncovering insights from complex documents

• Increased efficiency in legal discovery processes

• Ability to gain insights beyond human computation capability

How does cognitive computing influence market analysis for businesses?

• It relies solely on traditional market research methods

• It increases the reliance on outdated market data

• It decreases the accuracy of market predictions

• It provides real-time insights into market trends and consumer behavior

What role does cognitive computing play in risk management for businesses?

• It increases risk exposure by overlooking potential threats

• It improves risk assessment by analyzing vast amounts of data

• It eliminates the need for risk management strategies altogether

• It focuses solely on short-term risks rather than long-term sustainability

How does cognitive computing impact decision-making processes in businesses?

• It reduces the need for human involvement in decision-making processes

• It relies solely on historical data for decision-making

• It limits decision-making to human intuition only

• It enhances decision-making by providing insights beyond human capability