ISQS 2340 Exam 2 Review TTU- Mitchell
Questions with Correct Answers
Various uses of blockchain technology discussed in the prep materials? Correct
Answ_finance (bitcoin), banking, contracts (law), retail, voting, music and other arts, trusted
concert tickets, protect sensitive info,
How secure is blockchain? Correct Answ_Blockchain is designed to store information in a
way that makes it virtually impossible to add, remove or change data without being detected by
other users.
Blockchain security (Is it unbreakable?) Correct Answ_Blockchain is protected by business-
grade cryptography, but no technology is 100% secure. And when large sums of money are
involved, hackers will try to follow. So security concerns could also slow blockchain adoption.
51% rule
Value creation with data analytics (think exchange transactions and uncertainties)? Correct
Answ_• Informational uncertainty (IU) - no perfect information (bounded rationality) •
Relational uncertainty (RelU) - opportunistic behaviors (opportunism) • Resource uncertainty
(ResU) - no unlimited resources (asset specificity)
, 4 steps to future proof your career Correct Answ_1) Become Tech Fluent
2)Get ready for lifelong learning
3)Accept change as the new normal
4)Hone your unique, human skills
5 skills to future proof your career Correct Answ_1) Trend Spotting
2) Collaborating in new ways
3) Building brands
4) Developing your emotional intelligence
5) Learning next-level technology
System Development Life Cycle (SDLC) Correct Answ_The overall process for developing
information systems from planning and analysis through implementation and maintenance
SDLC Stages Correct Answ_Systems planning and selection
Systems analysis
Systems design
Questions with Correct Answers
Various uses of blockchain technology discussed in the prep materials? Correct
Answ_finance (bitcoin), banking, contracts (law), retail, voting, music and other arts, trusted
concert tickets, protect sensitive info,
How secure is blockchain? Correct Answ_Blockchain is designed to store information in a
way that makes it virtually impossible to add, remove or change data without being detected by
other users.
Blockchain security (Is it unbreakable?) Correct Answ_Blockchain is protected by business-
grade cryptography, but no technology is 100% secure. And when large sums of money are
involved, hackers will try to follow. So security concerns could also slow blockchain adoption.
51% rule
Value creation with data analytics (think exchange transactions and uncertainties)? Correct
Answ_• Informational uncertainty (IU) - no perfect information (bounded rationality) •
Relational uncertainty (RelU) - opportunistic behaviors (opportunism) • Resource uncertainty
(ResU) - no unlimited resources (asset specificity)
, 4 steps to future proof your career Correct Answ_1) Become Tech Fluent
2)Get ready for lifelong learning
3)Accept change as the new normal
4)Hone your unique, human skills
5 skills to future proof your career Correct Answ_1) Trend Spotting
2) Collaborating in new ways
3) Building brands
4) Developing your emotional intelligence
5) Learning next-level technology
System Development Life Cycle (SDLC) Correct Answ_The overall process for developing
information systems from planning and analysis through implementation and maintenance
SDLC Stages Correct Answ_Systems planning and selection
Systems analysis
Systems design
