Business ethics 12
You Tech makes smartwatches and smartphones that can send and receive text
messages, send and receive phone calls, track vital signs, and more. Users can check
their vitals on their smartwatches, on their computers, or using their in-home virtual
assistants. You Tech also makes a smart home security system with sensors, alarms,
cameras, and microphones that are all connected to provide 24/7 security, allowing
users to control their home security systems from their smartphones. Which of the
following describes the type of device found in this example? - answersInternet of
Things (IoT)
FinTech Financial Corporation specializes in technology used in the finance industry.
Their biggest product is a digital wallet program that allows individuals to make
transactions. The program connects to a user's credit card, debit card, or bank account
to make payments. FinTech then works with both brick-and-mortar and e-commerce
retailers to implement the necessary technology to accept this form of payment.
FinTech believes that digital wallets will replace physical wallets in the future. What is
this digital wallet an example of? - answersTechnology disruption
Miranda, a high-level manager for a company selling consumer packaged goods, is
concerned about how rapidly the company has adopted new technologies. For instance,
the customer service department recently implemented an artificial intelligence-powered
chatbot to automatically answer customer inquiries and the marketing department has
started using a predictive analytics software to improve its email marketing campaigns.
During a senior management meeting, Miranda suggests the company should evaluate
these new systems to make sure the benefits outweigh the risks. Miranda is
recommending that management should conduct which of the following in this scenario?
- answersA technology assessment
A coffee company has had a digital app for years. The app was originally intended for
its 50,000 loyalty program users to collect points and earn free coffee. However, the
company decides to open up the app to its much broader group of 300,000 customers.
Now, any customer can use the app to pay for coffee, and the company can collect
customer data through app activity, order history, and more. This type of data is an
example of _______. - answersbig data
Which of the following are examples of blockchain technology? (Select three)
a. Spotify uses a decentralized database to correlate artists with license agreements
and tracks.
b. De Beers uses a secure and decentralized record-keeping system to securely track
diamonds across the supply chain all the way from the mine to the end-user.
You Tech makes smartwatches and smartphones that can send and receive text
messages, send and receive phone calls, track vital signs, and more. Users can check
their vitals on their smartwatches, on their computers, or using their in-home virtual
assistants. You Tech also makes a smart home security system with sensors, alarms,
cameras, and microphones that are all connected to provide 24/7 security, allowing
users to control their home security systems from their smartphones. Which of the
following describes the type of device found in this example? - answersInternet of
Things (IoT)
FinTech Financial Corporation specializes in technology used in the finance industry.
Their biggest product is a digital wallet program that allows individuals to make
transactions. The program connects to a user's credit card, debit card, or bank account
to make payments. FinTech then works with both brick-and-mortar and e-commerce
retailers to implement the necessary technology to accept this form of payment.
FinTech believes that digital wallets will replace physical wallets in the future. What is
this digital wallet an example of? - answersTechnology disruption
Miranda, a high-level manager for a company selling consumer packaged goods, is
concerned about how rapidly the company has adopted new technologies. For instance,
the customer service department recently implemented an artificial intelligence-powered
chatbot to automatically answer customer inquiries and the marketing department has
started using a predictive analytics software to improve its email marketing campaigns.
During a senior management meeting, Miranda suggests the company should evaluate
these new systems to make sure the benefits outweigh the risks. Miranda is
recommending that management should conduct which of the following in this scenario?
- answersA technology assessment
A coffee company has had a digital app for years. The app was originally intended for
its 50,000 loyalty program users to collect points and earn free coffee. However, the
company decides to open up the app to its much broader group of 300,000 customers.
Now, any customer can use the app to pay for coffee, and the company can collect
customer data through app activity, order history, and more. This type of data is an
example of _______. - answersbig data
Which of the following are examples of blockchain technology? (Select three)
a. Spotify uses a decentralized database to correlate artists with license agreements
and tracks.
b. De Beers uses a secure and decentralized record-keeping system to securely track
diamonds across the supply chain all the way from the mine to the end-user.
