AI Strategy and Planning CRAGE Practice Questions (Page 3)

Questions 11–15

1. 11application · medium

   A multinational bank is deploying an AI system for loan approvals across multiple countries, including the EU and the US. The legal team is concerned about varying regulations. Which approach best ensures regulatory compliance in the AI strategy?

   • AOnly comply with the regulations of the country where the system is developed, since that is the primary market.
   • BUse a single governance framework, such as the OECD AI Principles, to ensure compliance in all countries.
   • CDeploy the same system globally and rely on the legal team to handle any regulatory issues after launch.
   • DMap the AI system's features to the relevant regulations in each jurisdiction and design the system to meet the most stringent requirements.
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2. 12foundation · easy

   What is the primary purpose of an AI maturity assessment?

   • ATo rank the organization against competitors
   • BTo calculate the exact ROI of AI projects
   • CTo determine the organization's readiness to adopt and scale AI
   • DTo select the best AI technology vendors
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4. 13application · medium

   A manufacturing company is planning to deploy predictive maintenance AI across its factories. The CIO wants a roadmap that balances quick wins with long-term transformation. The company has limited data science talent and a conservative risk culture. Which roadmap approach is most appropriate?

   • ARoll out the AI system to all factories simultaneously to achieve economies of scale and accelerate ROI.
   • BStart with a pilot in one factory, define clear KPIs for downtime reduction, and then scale only after the pilot meets its targets.
   • COutsource the entire AI development to a vendor and set a single milestone for full deployment in one year.
   • DFocus first on building a large data lake and hiring data scientists before any pilot is attempted.
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5. 14foundation · easy

   What is a key benefit of achieving stakeholder buy-in during AI strategy planning?

   • AIt ensures that all stakeholders agree on every technical detail
   • BIt increases the likelihood of smooth implementation and adoption
   • CIt guarantees that the AI project will be completed on time
   • DIt eliminates the need for ongoing communication
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6. 15foundation · easy

   Which of the following best describes the role of 'vision' in an AI strategy?

   • AA set of specific, measurable targets for AI projects
   • BA high-level statement of what the organization aspires to achieve with AI in the long term
   • CA detailed list of technical requirements for AI implementation
   • DA summary of the ethical principles that govern AI use
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