BBA & BCOM

Ethical and Social Implications of AI : MCQ’s & Solutions

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What is “algorithmic bias” in the context of AI systems?a) The intentional design of algorithms to favor a particular groupb) Systematic errors that lead to unfair treatment of certain groups due to skewed training data or flawed algorithmsc) Bias introduced by human errors during system deploymentd) Variability in algorithm performance across different environments Answer: b) …

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Applications of AI : MCQ’s

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AI in HealthcareHow does AI enhance diagnostic accuracy in medical imaging?a) By manually reviewing all imagesb) By using traditional statistical models for analysisc) By employing convolutional neural networks (CNNs) to detect patterns and anomaliesd) By increasing the resolution of images manually Answer: c) By employing convolutional neural networks (CNNs) to detect patterns and anomalies Which …

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Consumer Behaviour – Question & Answers

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Definition of Consumer Market The consumer market refers to individuals and households that purchase goods and services for personal consumption, rather than for resale or business purposes. These markets include a wide range of products, such as groceries, clothing, electronics, and services like healthcare, entertainment, and education. Consumer markets are driven by various factors, including …

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Business Ethics – Chapter 2

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Business ethics refers to the study and application of ethical principles and moral values in the context of business activities and decision-making. It involves examining and addressing ethical dilemmas that may arise in various business situations, considering the impact of choices on stakeholders and society at large. Key Components: 1. Ethical Decision-Making: Business ethics involves …

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Consumer Protection Act, 2019

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The Consumer Protection Act, 1986, served as a pivotal foundation for safeguarding consumer rights in India, offering a simple, fast, and cost-effective mechanism for addressing grievances related to defective products, unfair trade practices, and services. With the establishment of Consumer Dispute Redressal Forums at the district, state, and national levels, the Act aimed to protect …

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Management Theory and Practice – Question & Answer

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Q1. Dr. Rohit Mahajan, a promising young researcher, has secured a prestigious research grant. However, claiming the funds requires navigating a complex bureaucratic maze within the university administration. Long forms, unclear procedures, and seemingly endless approvals threaten to delay his crucial project. In light of this case, what principles of bureaucratic managements must Rohit consider? …

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Applications of AI with Case Studies

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Artificial Intelligence (AI) is transforming a wide range of industries by introducing capabilities that enhance efficiency, accuracy, and personalization. From healthcare to finance, transportation, customer service, and education, AI applications are driving innovation and opening new frontiers. Let’s delve into how AI is being applied in these sectors. AI in Healthcare: Diagnosis, Treatment, and Medical …

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Ethical and Social Implications of AI

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The rapid advancement of artificial intelligence (AI) brings profound ethical and social implications that impact individuals, communities, and society at large. Addressing these implications is crucial for ensuring that AI technologies are developed and used responsibly and equitably. Artificial Intelligence (AI) is rapidly transforming various sectors, but its advancement comes with significant ethical and social …

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Applications of AI

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AI in Medical Imaging AI has made significant strides in medical imaging, transforming how diagnostic images are analyzed and interpreted. Machine learning algorithms, particularly deep learning models, are now capable of examining medical images—such as X-rays, MRIs, and CT scans—with high accuracy. These algorithms can detect abnormalities, such as tumors or fractures, by identifying patterns …

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