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Business of the Future Flashcards | StudBud
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Business of the Future
Business of the Future
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StudBud Administration
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This is a simple quiz that tests your understanding of this topic area based on the presentation.
Flashcards
15 cards
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Questions
15
Answers
1
What does "automation" mean in business?
Turning off machines
Doing everything manually
Using technology to complete tasks without human help
Hiring more people
2
What does it mean to “upskill” in today’s job market?
To take a break from work
To learn new or advanced skills to stay relevant
To work more hours
To change careers completely
3
What does "impact" mean in the context of technology?
To have an effect or influence
To destroy
To copy
To avoid using
4
What is a person’s “livelihood”?
How AI creates fun activities for workers
The way people earn a living, which may change due to AI
A person’s passion, regardless of income
Personal lifestyle preferences
5
What does the word “business” usually refer to?
Any hobby that people enjoy
An organisation that provides goods or services for money
An outdated model replaced by AI
A system that is unaffected by new technology
6
What does "optimize" mean in business?
To copy another business
To self-off a company to a top business man
To ignore a problem
To make something as good and efficient as possible
7
What does the phrase "cost-effective" mean?
Very expensive
A waste of money
Costs more than it earns
Gives good value for money
8
What is "investment"?
Giving money to charity
Spending money without expecting anything back
Putting money into something to get profit later
Hiding money in offshore accounts
9
What does "disrupt" mean in the context of business and technology?
To cause major change or break the normal way of doing things
To create balance in the market
To improve teamwork
To support a traditional system
10
What does "data-driven" decision mean?
Based on facts and statistics
Based on emotions
Based on luck
Based on opinions
11
What is "artificial intelligence" (AI)?
A manual tool for accounting
A type of natural disaster
A human with extra skills
A program that mimics human thinking
12
What does the term "startup" usually refer to?
A government agency
A big established company
A business that is shutting down
A new business, often in tech
13
What are "technological advancements"?
Improvements and new developments in technology
Replacing machines with humans
Steps backward in using technology
Tools made only for entertainment
14
What are “AI initiatives” in a company?
Marketing slogans for social media
Projects or plans that use AI to improve business
Attempts to remove all technology
Random software updates
15
What is "sustainability" in future business planning?
Doing something once and forgetting about it to save memory space
Depending only on human ability to save world problems
Practices that meet current needs without affecting future generations
Growing fast and crashing
