Impact of Technology on Global Businesses BIZ ENVT WK 10 MAY25D

What is digital transformation?

• The use of paper records in business

• The integration of digital technology into all areas of business, fundamentally changing operations and value delivery

• The reduction of technology in business

• The outsourcing of business operations

Which of the following are key technologies leading the way in business transformation?

• Cloud computing, artificial intelligence, and Internet of Things

• Steam engines and telegraphs

• Typewriters and fax machines

• Horse-drawn carriages

Fill in the blank: 52% of companies report increased _______ after digital transformation (Forbytes, 2022).

• productivity

• costs

• turnover

• absenteeism

Which technology uses machine learning algorithms enabling predictive analytics and automation of complex tasks?

• Artificial Intelligence

• Blockchain

• Virtual Reality

• Internet of Things

Which technology involves connected devices gathering real-time data to optimise operations and customer experiences?

• Internet of Things

• Blockchain

• Virtual Reality

• Quantum Computing

Which technology provides on-demand computing resources enabling global access and operational flexibility?

• Cloud Computing

• Blockchain

• Virtual Reality

• Quantum Computing

Which technology is described as distributed ledger technology enhancing security and transparency in global transactions?

• Blockchain

• Cloud Computing

• Artificial Intelligence

• Internet of Things

Which technology enables high-speed connectivity for real-time communication and advanced applications?

• 5G Networks

• Bluetooth

• Dial-up Modem

• Ethernet Cable

What is the name of Siemens' comprehensive strategy to digitise operations and create new digital offerings?

• Vision 2020+ Strategy

• Digital Future Plan

• Siemens NextGen Initiative

• Operation Digital Leap

What is MindSphere in the context of Siemens' digital transformation?

• A new product line

• A cloud-based IoT operating system

• A marketing campaign

• A manufacturing process