Fdaytalk Homework Help: Questions and Answers: What is an example of a risk and compliance pain point that IBM’s AI assistants can help alleviate?
a) Work is siloed, manual, and organizations are flying blind
b) Human-led care is hurting the brand
c) Outdated compliance practices
d) HR relies on humans for tasks such as creating a job requisition, drafting a job description, or defining a salary range
Answer:
First, let’s understand what risk and compliance typically involve:
- Monitoring and managing regulatory requirements
- Ensuring organizational policies are followed
- Identifying and mitigating potential risks
Now, let’s look at each option to identify which risk and compliance pain point IBM’s AI assistants can help alleviate.
Given Options: Step by Step Answering
a) Work is siloed, manual, and organizations are flying blind
- This could indeed be a risk and compliance issue. Siloed work can lead to inconsistencies and blind spots in risk management. Manual processes are prone to human error and can be slow, which is problematic for compliance.
- “Flying blind” suggests a lack of visibility into risks and compliance status.
b) Human-led care is hurting the brand
- This option more related to customer service and brand reputation rather than risk and compliance.
c) Outdated compliance practices
- Outdated compliance practices can lead to regulatory issues and inefficiencies. While this could be a pain point, but it’s too vague and doesn’t specify what the actual problem is.
d) HR relies on humans for tasks such as creating a job requisition, drafting a job description, or defining a salary range
- This is specific to HR processes and doesn’t directly relate to risk and compliance issues.
Conclusion
Based on the above analysis, the correct answer is:
a) Work is siloed, manual, and organizations are flying blind
This is a broader and more encompassing risk and compliance pain point that AI assistants can address through automation, integration, and enhanced visibility.
AI could effectively address:
- AI can help break down silos by providing a centralized system for risk and compliance data.
- It can automate manual processes, reducing errors and increasing efficiency.
- AI can provide better visibility and analytics, helping organizations avoid “flying blind” in their risk and compliance efforts.
Learn More: Fdaytalk Homework Help
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