GeneralRainMantis28
1. Lauren Cascio, CEO of Gulp Data, mentioned an interesting reason…
1. Lauren Cascio, CEO of Gulp Data, mentioned an interesting reason why companies are less likely to default on loans against their data assets than against other assets:
Group of answer choices
Data is the greatest source of value to the company.
Companies don’t want others to have access to their data.
Companies have a strong emotional tie to their data assets.
The data is escrowed continuously (daily).
2. Which is an example of dark data?
Group of answer choices
A contract that has been used for formalizing an agreement, then archived
Personally identifiable information (PII) that has been redacted or encrypted
Customer data that has not been analyzed
Sales data from partners, suppliers, or other third parties
3. Professor Laney’s set of Generally Accepted Information Principles includes which of the following concepts?
Group of answer choices
Information quality, accessibility, and availability require tradeoffs
Information assets should be owned by a department or individual
Information assets are easily duplicated and doing so increases their value
Recommended standards for defining what an “information asset” is
4. The father of library operations, Gabriel Naudé, cited key principles that could be readily applied to information management, including:
Group of answer choices
Ignore what information is captured by competitors.
Organize information alphabetically for ease of searching.
Not all information is of value to someone.
Capture raw, not transformed information when possible.
5. Which is not a driver of data monetization?
Group of answer choices
Stemming additional revenue streams
Introducing a new line of business
Defraying the costs of analytics
Improving citizen well-being
6. Which is typically the easiest but least valuable form of analytics?
Group of answer choices
Diagnostic analytics
Predictive analytics
Descriptive analytics
Prescriptive analytics
7. What’s another term for “information as a second language”?
Group of answer choices
Data literacy
Data translation
Data democratization
Data polyglot
8. What is the main problem with recognizing information as property?
Group of answer choices
Information is too intangible and easily duplicated.
The courts don’t regularly agree with applying property laws to information.
Financial accounting boards rarely allow information to be recognized on the balance sheet.
Insurance companies won’t insure information.
9. Which is another suitable term for indirect data monetization?
Group of answer choices
External data monetization
Bartering with data
Internal data monetization
Inverted data monetization
10. What are the three levels of an information supply chain?
Group of answer choices
Volume, Velocity, and Veracity
Write, Read, and Delete
Acquire, Administer, and Apply
Monetize, Manage, and Measure
11. According to Dan Ciuriak, a fundamental point of differentiation of the data-driven economic model from the knowledge-based economy model is that:
Group of answer choices
Information is accessible to all, but knowledge is not.
Knowledge cannot be bought and sold like information can.
Knowledge is accessible to all, but information is not.
The data-driven economic model depends upon the knowledge-driven economic model.
12. Which is not a physical asset management concept that could be readily applied to information?
Group of answer choices
Asset loss or theft
Asset inventory
Asset replacement and repair
Asset maintenance
13. The rights a government claims to access data stored within its borders is called:
Group of answer choices
Data sovereignty
Data democratization
Data socialization
Data dominion
14. How can the concept of biodiversity apply to information?
Group of answer choices
Information is what all business processes consume.
Information decomposes as it ages, leading to more “fuel” for business.
More types of information leads to a greater amount of goods and services.
Information is the bottom of the business “food chain.”
15. Which responsibility does a Chief Data Officer typically not have?
Group of answer choices
Responsibility for data governance
Responsibility for data privacy
Responsibility for the data architecture
Responsibility for data-generating applications
