SMART PRODUCTS Flashcards

1
Q

How smart products potentially improve risk management

Q. Which best explains

A

They generate big data to which advanced analytics can be applied

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2
Q

RFID

A

Identifies assets and compiles their characteristics without human intervention

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3
Q

Text mining

A

Most closely associated with natural language

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4
Q

Machine learning

A

Neural network

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5
Q

Which one of the following could be used to determine a workplace accident

A

Classification analysis

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6
Q

Pattern Matching

A

Used to analyze soil moisture levels

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7
Q

Wearables

A

Potential liability for damages related to a workers heart attack

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8
Q

Limiting amount of data collected is a

A

Managerial control

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9
Q

Artificial intelligence

A

Increase risk of industrial espionage

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