Practice Key Drivers - 28.1.2 | 28. Digital Transformation and Financial Technology (FinTech) | Management 1 (Organizational Behaviour/Finance & Accounting)
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28.1.2 - Key Drivers

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is cloud computing and why is it important for financial services?

💡 Hint: Think of it as renting server space.

Question 2

Easy

Name one advantage of using mobile devices in finance.

💡 Hint: How do we use phones for banking?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is a key benefit of cloud computing for financial services?

  • Enhanced security
  • Cost reduction
  • Limited scalability

💡 Hint: Consider the cost of maintaining physical servers.

Question 2

True or False: Mobile devices have no impact on financial services.

  • True
  • False

💡 Hint: Think about the apps we use daily.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate the security vulnerabilities associated with using cloud computing in finance and suggest possible mitigations.

💡 Hint: Consider both the technology and policies that can enhance security.

Question 2

Propose a financial service built around IoT and explain how it would meet modern consumer expectations.

💡 Hint: Think about how data collection could personalize safety or convenience.

Challenge and get performance evaluation