20 University-Level Blockchain Multiple Choice Questions PDF

\#\#\# \*\*20 University-Level Multiple-Choice Questions\*\* \#\#\#\# \*\*Questions:\*\* 1\. Which of the following is a core property of blockchain technology? a\) Centralization b\) Immutability c\) Low transaction costs d\) Proprietary protocols 2\. What is the key difference between the \...

\#\#\# \*\*20 University-Level Multiple-Choice Questions\*\* \#\#\#\# \*\*Questions:\*\* 1\. Which of the following is a core property of blockchain technology? a\) Centralization b\) Immutability c\) Low transaction costs d\) Proprietary protocols 2\. What is the key difference between the \"Chief\" and \"Custodian\" modes of blockchain governance? a\) Centralized control vs. decentralized control b\) Internal coordination vs. inter-organizational coordination c\) High transparency vs. low transparency d\) Algorithmic trust vs. actor-based trust 3\. What is the primary purpose of the \"Adjustment\" stage in blockchain governance? a\) Ensuring compliance with regulations b\) Adapting governance mechanisms to network growth c\) Finalizing initial governance models d\) Testing blockchain scalability 4\. In the context of blockchain governance, the \"Loosening\" strategy involves: a\) Centralizing decision-making b\) Decentralizing control among network participants c\) Isolating the blockchain from external organizations d\) Creating proprietary standards 5\. Which governance mode is most suited for a blockchain network requiring cross-organizational collaboration and consensus? a\) Clan b\) Chief c\) Custodian d\) Consortium 6\. What does the \"3 Vs\" of big data stand for? a\) Volume, Variety, Value b\) Velocity, Volume, Variety c\) Velocity, Volume, Verifiability d\) Value, Variety, Velocity 7\. In big data management, the \"privacy dilemma\" refers to: a\) Balancing privacy with data security b\) The trade-off between privacy and data quality c\) The conflict between regulatory compliance and innovation d\) Data storage issues in public clouds 8\. Which analytics type is best suited for identifying trends and patterns in historical data? a\) Predictive analytics b\) Prescriptive analytics c\) Diagnostic analytics d\) Descriptive analytics 9\. According to the lecture, which stage of decision-making aligns with predictive analytics? a\) Recognizing performance gaps b\) Identifying alternative actions c\) Selecting the final solution d\) Evaluating organizational goals 10\. The Resource-Based View (RBV) of competitive advantage emphasizes resources that are: a\) Dynamic and agile b\) Valuable, Rare, Inimitable, and Non-substitutable (VRIN) c\) Data-driven and predictive d\) Distributed and decentralized 11\. Which of the following describes the role of big data under the Knowledge-Based View (KBV)? a\) Reducing transaction costs in market exchanges b\) Supporting decision-making with high-quality data c\) Enhancing organizational agility in dynamic environments d\) Emphasizing predictive analytics for market trends 12\. What is a key drawback of the Custodian mode in blockchain governance? a\) High coordination costs b\) Risk of alienating critical participants c\) Limited scalability d\) Lack of trust mechanisms 13\. In blockchain governance, which of the following is a benefit of \"Tightening\" strategies? a\) Increased inclusivity of participants b\) Faster implementation and decision-making c\) Lower operational costs d\) Higher network trust 14\. Which of the following barriers is \*\*not\*\* listed as an implication of big data management? a\) Bias b\) Transparency c\) Privacy d\) High costs 15\. What does the \"penguin effect\" in platform adoption describe? a\) The risk of being locked into a non-performing platform b\) The fear of sharing data with competitors c\) The impact of data duplication on performance d\) The challenges of scaling blockchain governance 16\. Which mode of blockchain governance prioritizes shared control within a single organization? a\) Chief b\) Clan c\) Consortium d\) Custodian 17\. What does the term \"trustless trust\" in blockchain refer to? a\) Removing trust from all participants b\) Building trust without relying on individual actors c\) Relying on hierarchical structures to enforce trust d\) Outsourcing trust mechanisms to third parties 18\. Which management theory emphasizes minimizing costs in transactions through big data? a\) Resource-Based View b\) Knowledge-Based View c\) Dynamic Capabilities d\) Transaction Cost Theory 19\. What is a primary benefit of the Consortium mode in blockchain governance? a\) Transparency within internal operations b\) Consensus-based decision-making across organizations c\) Reduced operational complexity d\) Decentralized decision-making 20\. What distinguishes descriptive analytics from prescriptive analytics? a\) Predicting future events vs. summarizing past data b\) Recommending actions vs. identifying patterns c\) Explaining why something happened vs. what happened d\) Providing actionable insights vs. aggregating data \-\-- \#\#\# \*\*Answer Key\*\* 1\. \*\*b)\*\* Immutability 2\. \*\*b)\*\* Internal coordination vs. inter-organizational coordination 3\. \*\*b)\*\* Adapting governance mechanisms to network growth 4\. \*\*b)\*\* Decentralizing control among network participants 5\. \*\*d)\*\* Consortium 6\. \*\*b)\*\* Velocity, Volume, Variety 7\. \*\*b)\*\* The trade-off between privacy and data quality 8\. \*\*d)\*\* Descriptive analytics 9\. \*\*b)\*\* Identifying alternative actions 10\. \*\*b)\*\* Valuable, Rare, Inimitable, and Non-substitutable (VRIN) 11\. \*\*b)\*\* Supporting decision-making with high-quality data 12\. \*\*b)\*\* Risk of alienating critical participants 13\. \*\*b)\*\* Faster implementation and decision-making 14\. \*\*b)\*\* Transparency 15\. \*\*a)\*\* The risk of being locked into a non-performing platform 16\. \*\*b)\*\* Clan 17\. \*\*b)\*\* Building trust without relying on individual actors 18\. \*\*d)\*\* Transaction Cost Theory 19\. \*\*b)\*\* Consensus-based decision-making across organizations 20\. \*\*b)\*\* Recommending actions vs. identifying patterns