Module 4

Question 1

True or False.
Strategy delineates how an organization currently operates and envisions its current course.

Answer 1

False.
(envisions its FUTURE course)

Question 2

True or False.
Strategy addresses one month at a time.

Answer 2

False
(one YEAR at a time)

Question 3

True or False.
Strategy aligns the organization’s business domain, resources, and activities with the market in which it operates.

Answer 3

True

Question 4

True or False.
Strategy strives to address immediate challenges while concurrently cultivating sustainable competitive advantages for the long term.

Answer 4

True

Question 5

True or False.
It is crucial for strategies to be aligned only with the organization’s mission, ensuring a purpose-driven approach towards overarching goals.

Answer 5

False
(mission AND VISION)

Question 5

What are the key roles in analytics?

Answer 5

• Data Steward
• Data Engineer
• Data Scientist
• Functional Analyst
• Analytics Manager

Question 6

What are the common roles in analytics?

Answer 6

• Department Head
• Leadership Team
• IT Engineer

Question 7

Analytics projects usually start with a ______?

Answer 7

Hypothesis

Question 8

True or False.
Some data are unique and can be traced back to the original owner.

Answer 8

True

Question 9

True or False.
The Data Steward’s job is to provide data and understand what are legally allowed and not.

Answer 9

True

Question 10

Which roles is proficient in making data visualizations and making high level explanations of each data points that backs up the hypothesis?

Answer 10

Functional Analyst

Question 11

Which role applies statistical techniques to the provided data and tests to ascertain the extent to which various factors influence customers’ decision?

Answer 11

Data Scientist

Question 12

It is in the minds of every organization that wants to remain relevant in a world where innovation has become the norm.

Answer 12

Digital Transformation