Answer:
A chart with sample values
Answer:We start each project to get some business benefits. We design it to achieve users and other stakeholder’s satisfaction. And we build it to improve organization KPIs. But, we live in a world where the project faces many uncertainties. These uncertainties or risks can prevent from achieving our project goals or objectives. So, it is critical that we identify them in time to take care of their effective responses.
The more we know our risks, the more we can evaluate and prioritize them timely for:
Reducing their probable negative impacts, or
Increase their likely positive impacts
We can use Qualitative Risk Analysis and Quantitative Risk Analysis techniques to evaluate and prioritize risks. I see there are a lot of confusions around how these two techniques are different from each other. In this blog, I will address these confusions and differences between these two techniques.
Before we get into the difference between qualitative and quantitative risk analysis/assessment, it is mandatory to understand how we perform risk analysis in projects. Below is the summarized demonstration of the risk analysis:
Explanation:
Answer:
Hallmark is using the Age segmenting dimension.
Explanation:
Most businesses and organizations tend to understand their customers, that is, their behaviors on purchases.
There are 7 important ways businesses segment their customers. They are:
- Income
- Age
- Gender
- Acquisition Path
- First purchase
- Geography
- Device type
In our scenario, Hallmark is using the Age segmenting dimension because they can identify that its a teenage girl that is sending theme card to her boyfriend's cell phone.
Answer:
A. Multifactor authentication
Explanation:
Multifactor authentication is a security system process that requires a user to verify his or her identity by providing two categories of credentials.
A mobile device user has entered her user ID and password to access an online account, she immediately receives a text message with a unique PIN or One Time Password (OTP) that must be entered before she is granted access to the account. This is an example of a multifactor authentication security method.
