Question
se Risk Management is a vital management discipline that involves 14. Enterprise Risk Management is a vital management discipline that involves determining an organization's risk appetite, the key risks that impact or drive its performance, the probability and potential severity of risk occurrence, the process to monitor and track risks, and the range of actions to assume, transfer, or control risk conditions. a. True b. False 15. The emerging use of inexpensive methods for capturing information is growing exponentially, keyed to the use of bar codes, RFID chips, electronic scanners, and wearable devices, and these devices in turn are creating vast quantities of data that need to be captured, transmitted, organized, stored, accessed, processed, and analyzed. a. True b. False 16. Balanced Scorecards and management dashboards look beyond traditional financial measures of performance to include a. how our customers see us, b. how are we performing vis. a vis. our core competencies, c. can we continue to improve and create value, and d. how are we performing for our stakeholders a. True b. False 17. When teams are initially formed, rewards are given based on team performance, not individual performance. A. True b. False 18. Team norms are established when teams are initially formed through formal processes a. True b. False 19. A team at Wearable Labs has been assembled to develop a brand-new software product. This team could best be described as a traditional work group. a. True b. False
Explanation / Answer
Ans-14 True
Ans-15 True, as this is the challenge for todays data managers.
Ans-16 True, as all are the attributed of balance scorecard.
Ans-17 False
Ans-18 False
Ans-19 True
