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Week 7 - HR7004: Mental Wealth: Professional exchange & Applied research Flashcards | StudBud
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Week 7 - HR7004: Mental Wealth: Professional exchange & Applied research
Week 7 - HR7004: Mental Wealth: Professional exchange & Applied research
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Questions
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Answers
1
How does cognitive load management help professionals?
Helps improve attention span
Increases memory retention
Does not affect work performance
Reduces cognitive overload
2
Why is cybersecurity essential in financial technology?
To track user activity
To prevent fraud and hacking
To increase government surveillance
To track online shopping behavior
3
Which of the following is an example of wearable computing?
A home assistant device
A VR headset
Smartwatches
Smart glasses
4
Which of the following is an example of artificial intelligence in use?
A smart thermostat adjusting temperature
Using a paper-based file system
Filing tax reports manually
Writing a manual for a machine
5
Which of the following is NOT a component of Industry 4.0?
Blockchain
Big data analytics
Cloud computing
The industrial internet of things (IIOT)
6
Which of the following is an example of digital collaboration?
Working in isolation
Using Microsoft Teams for communication
Sending handwritten memos
Holding in-person board meetings
7
What is the role of digital proficiency in the workplace?
Does not influence productivity
Complicates work processes
Improves workplace efficiency
Slows down business processes
8
Which technology is an example of pervasive computing?
Handwritten business notes
Wearable technology
Biometric authentication systems
Traditional desktop computers
9
Which of the following best defines artificial intelligence (AI)?
The science of making machines imitate human thinking and behaviour
A software application that allows machines to be manipulated for a task
A human-like robot
Teaching robots to feel emotions
10
Which of the following is a major benefit of AI in business?
Slows down innovation
Reduces human resource management
Reduces decision-making skills
Enhances business decision-making
11
Which of the following technologies is NOT part of digital payments?
Credit card transactions
Contactless payments
Cryptocurrencies
Paper money transactions
12
Which of the following best defines blockchain?
A cloud storage system
An online shopping cart
A social media algorithm
A decentralized digital ledger
13
How does machine learning relate to AI?
Helps AI systems learn and improve
AI does not use machine learning
Automates repetitive tasks
Has no relation to AI
14
What is the primary function of regulatory technology (RegTech)?
Ensures compliance with regulations
Develops corporate marketing strategies
Automates content creation
Simplifies tax regulations
15
Which factor is crucial for venture creation in FinTech?
Ignoring government regulations
Lack of skilled developers
Securing investment for new projects
Not needing any capital
16
Which of the following is NOT a skill required for future jobs?
Familiarity with outdated software
Negotiation
Persuasion skills
Teamwork
17
How can organisations protect themselves from cyber threats?
Rely on passwords alone
Regular software updates
Ignoring phishing emails
Downloading free software
18
Which of the following is a future skill in demand?
Transdisciplinarity
Public speaking
Public relations
Basic accounting
19
What is a major risk associated with AI?
Data privacy violations
Enhanced cybersecurity
Lower employment rates
Increased efficiency
20
What is a core element of computational thinking?
Ignoring patterns in data
Using intuition in problem-solving
Guesswork in decision-making
Breaking complex problems into steps
21
What is the key driver of Industry 4.0?
Reducing global supply chains
Basic programming knowledge
Predictive modelling and analytics
Basic automation
22
Which of the following is a core concept of digital proficiency?
Ignoring technology advancements
Being resistant to change
Mastering social media
Traditional business mindset
23
Which factor is crucial for digital transformation?
Increased paperwork
Ignoring cybersecurity threats
Adopting new digital skills
Maintaining traditional business models
24
What is a risk of automation in businesses?
Reduced customer experience
Higher employee engagement
Better work-life balance
Increased employee engagement
25
Which of the following describes the digital asset market?
An unregulated investment system
A system for tracking online purchases
A traditional bank account
A fixed-interest banking product
26
Which of the following is a challenge for FinTech companies?
Managing a fixed employee salary
Unlimited funding
Complying with regulations while innovating
Over-reliance on human employees
27
What is digital proficiency?
Being able to type quickly
Using Excel and Word effectively
Mastering digital tools and technologies
Using social media effectively
28
What is a major challenge of using AI in financial markets?
Reduces cost of transactions
Relying on traditional trading strategies
Ensuring ethical AI implementation
Reducing customer interactions
29
Why is cross-cultural competency important in digital workplaces?
Prevents communication barriers
Facilitates global teamwork
Limits global interaction
Slows down decision-making
30
What role does data science play in FinTech?
Prevents company-wide layoffs
Eliminates financial risks by providing information for decision-making
Facilitates better financial decision-making
Prepares reports on company profits
