A is a private healthcare organization aiming to provide affordable and accessible high quality patient services.
A is introducing Big Data, which has not yet been adopted by the competition. A's database will store a huge amount of information about its patients. Clear access to wide sources of accurate information will enable patients to make more informed choices. Patients will be able to compare not only the prices of drugs, treatments and physicians but also their relative effectiveness.
Which of the following concerns should A have about its use of Big Data?

• A. Lack of competitive advantage
• B. Privacy issues
• C. Veracity of information
• D. Variety of information

DF Company is undertaking a strategic review of its activities and has asked you to explain how a Force Field analysis would assist in the review process.
Which of the following statements would be most appropriate?

• A. Provide a framework for identifying forces for and against the proposed changes within DF.
• B. Identify forces facing DF's activities that may create barriers and resistance to change.
• C. Identify influential senior managers who will drive through changes in DF's strategic direction.
• D. As part of DF's strategic review, identify forces facilitating the need for proposed change.

HHH is a manufacturer which has a bonus scheme for its production workers related to the speed of output.
HHH's products are very specialized and are made in a dangerous production environment. HHH's production workers usually work alone but sometimes, if there are problems in the production environment (for example, machinery breakdowns), they have to work in teams. When the production workers are working in teams they do not receive any bonus.
HHH's senior management is proposing to amend the current bonus scheme to encourage increased productivity. Under the current bonus scheme, production workers receive extra pay when they achieve 45% of their individual target: The target level is low because of the dangerous production environment and the need to occasionally work in teams.
Under the proposed bonus scheme, production workers will not receive any extra pay until they have achieved
90% of their individual target. Workers who achieve 90% or above of their individual target will be paid a 30% higher bonus.
Which THREE of the following problems is HHH most likely to encounter with the introduction of the proposed bonus scheme? (Choose three.)

• A. Production workers will not be motivated by the proposed level of bonus.
• B. The extra production output will lead to an increase in inventory.
• C. The proposed bonus scheme conflicts with health and safety legislation.
• D. Production workers could consider the new target as unachievable.
• E. There could be a rise in the level of workplace accidents.

'Big data' refers to datasets whose size is outside the ability of typical database software tools to capture, store, manage and analyze.
Which of the following statements is NOT a valid statement with regard to 'big data'?

• A. 'Big data' will require the right infrastructure, incentives and safeguards to address public concerns.
• B. As technology advances overtime, the size of datasets that qualify as 'big data' will also increase.
• C. The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.
• D. Sufficient analytical and managerial talent is available to exploit the opportunities associated with 'big data'.

Which of the following would be likely to encourage an organization to use Scenario Planning? (Choose all that apply.)

• A. The organization often experiences 'group-think', leading to a narrow view of the future.
• B. Competitor's are increasingly using Scenario Planning as part of their strategy formulation process.
• C. Uncertainty in the industry is high, relative to management's ability to predict or adjust to change.
• D. The organization has achieved all of its objectives and operates within a stable external environment.
• E. The organization has not previously experienced any major surprises or expensive strategic mistakes.