1
BUSINESS INFORMATION SYSTEMS BIS 2
QUESTIONS AND ANSWERS 2026 JUST
RELEASED VERSION
Note: answers marked in bold
Please, tick the correct statement(s) on the "wisdom of the crowd"
1. The wisdom of the crowd is that makes crowdsourcing so powerful
2. The wisdom of the crowd hypothesizes that a crowd of non-experts
can provide an average better estimate of some phenomena than the
estimate provided by any expert taken individually
3. The wisdom of the crowd is a distributed problem-solving and production
model → this is crowdsourcing
4. The wisdom of the crowd is a generally accepted principle stating that
the crowd has more knowledge than experts → would be correct if
“more than a single expert”
Please, tick statements that apply to SCM.
1. The number of levels in the supply chain is typically 3: buyer, supplier,
end customer.
2. The number of levels in the supply chain depends on the structure of the
supply chain
3. SCM coordinates and integrates all activities along a value chain
involving multiple companies.
4. Flexibility is a fundamental benefit of SCM.
How many levels of suppliers are typically managed by an SCM (supply chain
,2
management) system?
1. Two
2. It depends on the structure of the supply chain
3. As many as needed
4. Three -> or this one since it says typically and on the slides there are 3
A "potential competitor" is: -> probably not included
1. Someone who is doing something different • either in terms of market
and/or product/service but could be a competitor with a limited effort
2. Someone who is operating in the same market segment offering
your same product/service or something very similar
3. (or this one) Someone who is doing something similar - either in terms of
market and/or product/service
- and could be a competitor with a limited effort
4. Someone who is operating in a different market segment offering
your same product/service or something very similar
Please, tick correct statement(s) on the concept of "ground truth" in machine
learning.
1. The ground truth is data on the «true» behaviour or status of a system.
2. The ground truth is not always available.
3. The ground may not be available due to the costs of data collection.
4. The ground truth can be obtained with empirical measurement
campaigns.
In Otis, maintenance was considered challenging since:
1. OTIS is a global leading company in its sector.
2. The life of the product is particularly long and demand is a steady
variable.
3. Safety is involved.
4. It is key to Otis brand equity.
,3
for this question only c is correct but there is another question about otis
that generally talking about maintenance and brand equity and being a
global leading company are the answers
Maintenance is: – Challenging, since safety is involved – Interesting since
the life of the product is particularly long and demand is a steady
variable according to the slides it's challenging bc of safety
Please, tick statement(s) that correctly apply to an emergency maintenance
process that is not supported with an ERP.
1. The call center operator does not ask questions that help understand
the issue.
2. The workforce does not sell maintenance contracts.
3. The invoice is not prepared and printed by the workforce at the end of
the maintenance intervention.
4. Problem is typically fixed with two visits.
What is the number of levels (i.e. operators exchanging goods/ services) in a
supply chain?
1. Three
2. Four
3. At least two, but most often several
4. Eight
, 4
What is the reason why there is a one-to-one association between big data
and data analytics?
1. Because the main technical challenges are raised by analytics, even
with relatively small data sizes.
2. Because companies integrate their data as part of big data projects
and this enables better and more insightful analytics.
3. Because most companies rely on large, global consulting companies
for analytics and consider data analytics as a strategic lever, especially
with big data.
4. Because at a time of economic crisis companies are interested in
quick wins that they can get from analyzing data.
What is/are the goal/s of spend analysis and strategy in supply chain
management (SCM)?
1. To define a requirements template to be used in subsequent SCM steps.
2. To identify the input materials/services with the highest levels of
spending to focus subsequent SCM steps.
3. To perform a market analysis and possibly identify new suppliers.
4. To negotiate with suppliers and define a spending strategy according to
their response.
THESE MUST BE CORRECT (15 June 2021)
What is the correct definition of social media?
1. Social media are Websites or mobile apps supporting social interactions.
2. Social media represents any technology supporting information
exchanges among individuals.
3. Social media are Web 2.0 sites, supporting the sharing of
information by leveraging social relationships among individuals.
4. Social media represent Web-based broadcasting channels.
BUSINESS INFORMATION SYSTEMS BIS 2
QUESTIONS AND ANSWERS 2026 JUST
RELEASED VERSION
Note: answers marked in bold
Please, tick the correct statement(s) on the "wisdom of the crowd"
1. The wisdom of the crowd is that makes crowdsourcing so powerful
2. The wisdom of the crowd hypothesizes that a crowd of non-experts
can provide an average better estimate of some phenomena than the
estimate provided by any expert taken individually
3. The wisdom of the crowd is a distributed problem-solving and production
model → this is crowdsourcing
4. The wisdom of the crowd is a generally accepted principle stating that
the crowd has more knowledge than experts → would be correct if
“more than a single expert”
Please, tick statements that apply to SCM.
1. The number of levels in the supply chain is typically 3: buyer, supplier,
end customer.
2. The number of levels in the supply chain depends on the structure of the
supply chain
3. SCM coordinates and integrates all activities along a value chain
involving multiple companies.
4. Flexibility is a fundamental benefit of SCM.
How many levels of suppliers are typically managed by an SCM (supply chain
,2
management) system?
1. Two
2. It depends on the structure of the supply chain
3. As many as needed
4. Three -> or this one since it says typically and on the slides there are 3
A "potential competitor" is: -> probably not included
1. Someone who is doing something different • either in terms of market
and/or product/service but could be a competitor with a limited effort
2. Someone who is operating in the same market segment offering
your same product/service or something very similar
3. (or this one) Someone who is doing something similar - either in terms of
market and/or product/service
- and could be a competitor with a limited effort
4. Someone who is operating in a different market segment offering
your same product/service or something very similar
Please, tick correct statement(s) on the concept of "ground truth" in machine
learning.
1. The ground truth is data on the «true» behaviour or status of a system.
2. The ground truth is not always available.
3. The ground may not be available due to the costs of data collection.
4. The ground truth can be obtained with empirical measurement
campaigns.
In Otis, maintenance was considered challenging since:
1. OTIS is a global leading company in its sector.
2. The life of the product is particularly long and demand is a steady
variable.
3. Safety is involved.
4. It is key to Otis brand equity.
,3
for this question only c is correct but there is another question about otis
that generally talking about maintenance and brand equity and being a
global leading company are the answers
Maintenance is: – Challenging, since safety is involved – Interesting since
the life of the product is particularly long and demand is a steady
variable according to the slides it's challenging bc of safety
Please, tick statement(s) that correctly apply to an emergency maintenance
process that is not supported with an ERP.
1. The call center operator does not ask questions that help understand
the issue.
2. The workforce does not sell maintenance contracts.
3. The invoice is not prepared and printed by the workforce at the end of
the maintenance intervention.
4. Problem is typically fixed with two visits.
What is the number of levels (i.e. operators exchanging goods/ services) in a
supply chain?
1. Three
2. Four
3. At least two, but most often several
4. Eight
, 4
What is the reason why there is a one-to-one association between big data
and data analytics?
1. Because the main technical challenges are raised by analytics, even
with relatively small data sizes.
2. Because companies integrate their data as part of big data projects
and this enables better and more insightful analytics.
3. Because most companies rely on large, global consulting companies
for analytics and consider data analytics as a strategic lever, especially
with big data.
4. Because at a time of economic crisis companies are interested in
quick wins that they can get from analyzing data.
What is/are the goal/s of spend analysis and strategy in supply chain
management (SCM)?
1. To define a requirements template to be used in subsequent SCM steps.
2. To identify the input materials/services with the highest levels of
spending to focus subsequent SCM steps.
3. To perform a market analysis and possibly identify new suppliers.
4. To negotiate with suppliers and define a spending strategy according to
their response.
THESE MUST BE CORRECT (15 June 2021)
What is the correct definition of social media?
1. Social media are Websites or mobile apps supporting social interactions.
2. Social media represents any technology supporting information
exchanges among individuals.
3. Social media are Web 2.0 sites, supporting the sharing of
information by leveraging social relationships among individuals.
4. Social media represent Web-based broadcasting channels.
