Key Performance Metrics, ROI Models, and Innovation Roadmaps BBLC Practice Questions (Page 4)

Questions 16–20

1. 16foundation · easy

   What does it mean for a blockchain innovation roadmap to be aligned with business strategy?

   • AThe roadmap's initiatives directly support the enterprise's strategic objectives and stakeholder expectations
   • BThe roadmap uses the same technology stack as competitors
   • CThe roadmap is approved by all external partners
   • DThe roadmap focuses only on short-term cost savings
   Reveal Solution Discussion Select an answer first
2. 17application · medium

   A government agency is developing a blockchain roadmap for citizen identity management. The agency has a mandate to improve service delivery and reduce fraud. The IT department is experienced, but the agency has strict procurement rules that slow down vendor selection. Which phased approach is most appropriate?

   • APhase 1: Full rollout immediately to meet the mandate quickly
   • BPhase 1: Hire a vendor for a full solution; Phase 2: Deploy
   • CPhase 1: Conduct a proof of concept with internal teams; Phase 2: Pilot with a limited citizen group; Phase 3: Full rollout
   • DPhase 1: Pilot with a large citizen group; Phase 2: Full rollout
   Reveal Solution Discussion Select an answer first
4. 18application · medium

   A supply chain company is implementing a blockchain to track the provenance of organic goods. The company wants to measure the success of the initiative. Which KPI would best measure the strategic value of increased consumer trust?

   • ACost per transaction
   • BSystem uptime percentage
   • CNumber of transactions per second
   • DPercentage of consumers who recognize the blockchain verification label
   Reveal Solution Discussion Select an answer first
5. 19expert · hard

   A retail company has identified three blockchain initiatives: (1) a loyalty program using a private blockchain, (2) a supplier payment system using a public blockchain, and (3) a product authenticity verification system for luxury goods. The company has a moderate budget, a strong IT team, but limited legal expertise. The CEO wants to prioritize initiatives that have high customer impact and can be implemented within 12 months. Which initiative should be prioritized first?

   • AThe supplier payment system, because it has the highest financial impact
   • BThe loyalty program, because it has high customer impact and moderate technical complexity
   • CThe product authenticity system, because it is the most innovative
   • DAll three simultaneously, because they are independent
   Reveal Solution Discussion Select an answer first
6. 20application · medium

   A company is calculating the ROI of a blockchain-based warranty registration system. The system costs $200,000 to develop and $50,000 per year to maintain. It is expected to save $100,000 per year in fraud-related losses and reduce warranty processing costs by $30,000 per year. What is the ROI over a three-year period?

   • A25.7%
   • B95%
   • C30%
   • D11.4%
   Reveal Solution Discussion Select an answer first