NPTEL AI in Marketing Week 2 Assignment Answers 2024
1. Which of the following company implemented augmented intelligence to design customized shoes for its customers, and the end-to-end process only takes two weeks from design to customer delivery?
- A. Campus
- B. Nike
- C. Fila
- D. Bata
Answer: B. Nike
Explanation: Nike uses augmented intelligence to let customers design their own shoes using AI, completing the entire process from design to delivery in just two weeks, enhancing customization and customer satisfaction.
2. Which of the following forms of AI-driven value creation suits this description – “AI automation often improves repetitive processes that are not enjoyable or challenging for humans. For example, Abundant Robotics has designed AI-powered automated machines to harvest apples, reducing the amount of labor needed.”?
- A. Process Enhancement
- B. Product or Service Innovation
- C. Process Efficiency
- D. None of the above
Answer: C. Process Efficiency
Explanation: This refers to using AI to perform repetitive tasks faster and more accurately than humans, increasing productivity and reducing human labor – hence it is an example of “Process Efficiency.”
3. Complex AI systems, especially those that employ deep learning, are opaque. It’s impossible to explain how these algorithms reach their conclusions. This shortcoming is known as –
- A. AI Transparency
- B. AI Secrecy
- C. Black Box Problem
- D. Glass Box Problem
Answer: C. Black Box Problem
Explanation: The “Black Box Problem” refers to AI models whose internal workings are not interpretable by humans, especially deep learning systems that make decisions without transparent reasoning.
4. Which of the following is not related to a Modern Data Foundation?
- A. Modern data engineering
- B. Siloed Data
- C. AI-assisted data governance
- D. Data democratization
Answer: B. Siloed Data
Explanation: Siloed data refers to data that is isolated and not shared across systems, which is a barrier to modern data foundations. The others are key elements of a modern, integrated data infrastructure.
5. Which dimension of the IDEAS framework is being seen as “living systems” with the characteristics of being ‘Boundary-less’, ‘Adaptable’, and ‘Radically Human’?
- A. Strategy
- B. Data
- C. Intelligence
- D. Architecture
Answer: D. Architecture
Explanation: In the IDEAS framework, architecture is seen as a dynamic and evolving system. Modern AI architectures are designed to be adaptable and human-centric.
6. Technology evolved from machine-centric to collaborative to being human-centric. For the Intelligence dimension in the IDEAS framework, which one is the human-centric tool?
- A. Industrial Robot
- B. Deep Learning
- C. Emotional AI
- D. Business Intelligence
Answer: C. Emotional AI
Explanation: Emotional AI interacts with human emotions, understands sentiment, and makes systems more empathetic. It is the most human-centric among the listed technologies.
7. _____________ is an organizational strategy planned and executed to take advantage of AI-based tools and resources to create competitive advantage.
- A. Digital Business Strategy
- B. Corporate Strategy
- C. Cognitive (AI) Strategy
- D. AI Adoption Strategy
Answer: D. AI Adoption Strategy
Explanation: AI Adoption Strategy focuses on leveraging AI tools and frameworks to enhance business performance and competitiveness through AI capabilities.
8. At which level of strategic planning does each business unit develop a plan to carry that business unit into a profitable future?
- A. Corporate Planning
- B. Division Planning
- C. Business Planning
- D. Product Planning
Answer: C. Business Planning
Explanation: Business planning occurs at the level where individual units or departments develop strategies to meet their unique goals and ensure profitability.
9. Once AI development matures in an initial domain, organizations expand it to others. What is this stage of AI Adoption known as?
- A. Setting the Strategy
- B. Monitoring
- C. Adapting for Organizational & Technological Change
- D. Scaling the AI
Answer: D. Scaling the AI
Explanation: After initial success, businesses scale AI to other domains or business units. This helps maximize AI’s impact by using common data and skills across the organization.
10. _______________ inference involves imagining what might have happened had a certain variable in a business activity been different.
- A. Association
- B. Intervention
- C. Counterfactuals
- D. None of the above
Answer: C. Counterfactuals
Explanation: Counterfactual reasoning helps evaluate alternative outcomes by changing one variable at a time. It’s crucial for understanding causation in AI decision-making.