Executive-Level Blockchain Strategy from a C-Suite Perspective BBLC Practice Questions (Page 5)

Questions 21–25

1. 21expert · hard

   A technology company is deciding between investing in a private blockchain for internal process optimization or joining a public blockchain consortium for industry-wide standards. The company has limited R&D budget and wants to maximize competitive advantage. The CTO argues that the private blockchain offers faster ROI, while the CEO is concerned about long-term relevance. Which decision best balances short-term ROI and long-term competitive positioning?

   • AInvest entirely in the public consortium to ensure the company is at the forefront of industry standards.
   • BPostpone both investments until the market matures and a clear winner emerges.
   • CInvest entirely in the private blockchain to achieve immediate cost savings and defer consortium discussions.
   • DAllocate a small exploratory budget to the consortium while focusing most resources on the private blockchain, with a review point after six months.
   Reveal Solution Discussion Select an answer first
2. 22foundation · easy

   When evaluating a blockchain investment from a C-suite perspective, which factor is most important to balance?

   • AThe opinion of the technology vendor without independent analysis
   • BThe potential return on investment against the risks and the strategic competitive advantage it may provide
   • CThe number of blockchain platforms available in the market
   • DThe immediate cost savings regardless of long-term strategic impact
   Reveal Solution Discussion Select an answer first
4. 23application · medium

   A manufacturing company is planning a blockchain pilot for parts traceability. The success of the pilot depends on participation from suppliers who are skeptical about sharing data. The executive sponsor wants to align these external stakeholders. Which action should the executive sponsor take first?

   • AKeep the pilot internal and only involve suppliers after it is proven successful.
   • BMandate supplier participation by including blockchain requirements in all new contracts.
   • CEngage key suppliers early in the design process to understand their concerns and demonstrate the mutual benefits of the pilot.
   • DOffer financial incentives to suppliers who participate, without discussing the strategic rationale.
   Reveal Solution Discussion Select an answer first
5. 24application · medium

   An energy company is exploring blockchain for peer-to-peer energy trading among residential customers. The company wants to position itself as an innovator in the renewable energy market. Which strategy best leverages blockchain for competitive positioning?

   • AUse blockchain only for internal billing to reduce costs, without changing the customer experience.
   • BLaunch an open platform that allows customers to trade energy directly, with the company providing the infrastructure and earning transaction fees.
   • CUse blockchain to create a closed marketplace where the company controls all pricing and trading.
   • DWait for regulatory approval of blockchain energy trading before investing any resources.
   Reveal Solution Discussion Select an answer first
6. 25foundation · easy

   Which scenario best illustrates a C-suite approach to managing risk in a blockchain investment?

   • AAvoiding any blockchain investment due to potential risks
   • BInvesting the entire budget immediately to gain first-mover advantage
   • CPiloting the blockchain solution in a limited business unit before committing to a full-scale rollout
   • DDelegating all risk management to the IT department without executive oversight
   Reveal Solution Discussion Select an answer first