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NEW QUESTION: 1
A. Option A
B. Option C
C. Option B
D. Option D
Answer: C
Explanation:
Explanation
Amazon SQS is engineered to always be available and deliver messages. One of the resulting tradeoffs is that SQSdoes not guarantee first in, first out delivery of messages. For many distributed applications, each message can stand on its own, and as long as all messages are delivered, the order is not important. If your system requires that order be preserved, you can place sequencing information in each message, so that you can reorder the messages when the queue returns them.
NEW QUESTION: 2
A stock that pays no dividends is trading at $100 spot or $104 as a three month forward. The interest rate you can borrow at is 6% per annum. US treasury yields are 4% per annum. What should you do to profit in the situation?
A. Buy the forward and also buy the stock
B. Buy the stock and sell the forward
C. It is not possible to profit from the situation
D. Sell the stock and buy the forward
Answer: B
Explanation:
Explanation
Since the stock is selling for $100 spot, its 3 month forward price for you would be $100*(1 + 6%*3/12) =
$101.50. Since the forward is priced at $104, it is 'rich' compared to the spot and should be sold. A profitable trade would be to buy the spot and sell the forward.
Imagine you borrow $100 and buy the stock, and simultaneously sell the forward. At the end of 3 months, you will receive $104 in return from the forward, and be obliged to return the initial $100 borrowed together with interest of $1.50 for the three months. You would make a riskless profit of $2.50 per share in three months.
Thus Choice 'c' is the correct answer.
Note that the treasury yield is irrelevant, what matters is the rate at which you can finance the trade which is
6% per annum.
NEW QUESTION: 3
See the Scenario for additional information.
CruiseAlong Cars
CruiseAlong Cars is a car manufacturing and sales company with corporate headquarters in the United States of America. It has grown by acquisition over the last 20 years and has operations in over 50 countries.
Each country has its own IT organization, with some central corporate IT services provided by the US parent company. In some countries CruiseAlong Cars has outsourced infrastructure and service desks.
The largest IT supplier is Global City IT Services (GCITS). In two countries GCITS provides CruiseAlong Cars with full outsourced services. They also provide selected services in other countries.
Some of the issues that CruiseAlong Cars needs to address include:
Inefficiencies caused by the current IT structure
Inconsistency of IT services when employees are travelling
CruiseAlong Cars is working with a European university (the University of Bachstein) to research and develop driverless car technology. The venture operates as an independent company called DriveYou.com, and CruiseAlong Cars owns a 51% share.
DriveYou.com
This is a small, innovative company, that is jointly owned by CruiseAlong Cars and the University of Bachstein (UoB). DriveYou.com develops custom applications using a highly collaborative, rapid and iterative development approach. Their employees are mostly research and development experts, working from multiple locations, with a significant number working from home. Initial driverless car testing is being conducted in the US at the Nevegon State Department of Transportation.
Infrastructure and cloud services are purchased from Global City IT Services and other providers, and these relationships are managed by a DriveYou.com supplier manager.
Some of the issues that DriveYou.com needs to address include:
Better structure and accountability around their work practices
Compliance with safety and other regulatory requirements.
University of Bachstein (UoB)
The UoB is a university that is based Germany, with a satellite campus in Kuala Lumpur, Malaysia. In the past, some IT services were funded and run centrally, and some were funded and run independently by each faculty. Centrally owned services include a 'walk-in' service desk, plus a separate service desk in the main library, run by library staff. Library services and IT are both part of the university's administrative services division. Recently, under a new CIO, there has been a drive to centralize and consolidate IT as a corporate function, although this has not been fully achieved.
The central IT department runs a variety of legacy systems, which serve students, administrators, researchers and academics. It also runs some high performance computing systems and high bandwidth networks across the main campus area.
Some of the issues that the UoB needs to address include:
Complete the centralization and consolidation of IT
Manage growth and increasing IT demand
Demonstrate value through competitive, responsive and transparent services
Global City Services (GCITS)
GCITS is a global service provider which has grown through acquisition and which offers a wide range of services, including IT support, infrastructure and consulting. GCITS has mature and efficient IT service management processes, and holds an ISO/IEC 20000 certification.
GCITS provides the entire infrastructure and some cloud services for DriveYou.com, as well as a range of services in different countries to CruiseAlong Cars.
Some of the issues that GCITS needs to address include:
Succeed in establishing a strategic partnership with CruiseAlong Cars
Nevagon State Department of Transportation (NSDoT)
NSDot is a government agency in the US state of Nevagon, where DriveYou.com is running their trials. It is responsible for managing transportation systems and safety. DriveYou.com must work with the agency to ensure that their trials comply with safety regulations, and the program includes bi0directional sharing of large amounts of data.
The NSDoT's internal IT team writes and manages most of their agency-specific applications, however most other applications and infrastructure are provided by the Nevagon State central IT department.
GCITS will create a new 'global mobile VIP service' for CruiseAlong Cars senior executives, which will give them access to corporate IT services from mobile devices, from any location. The new service will be delivered by the existing GCITS centralized service desk. It will include 24/7 support, and reported incidents and requests will be treated as a high priority.
GCITS has subcontracted global mobile network access to Mobilwork, an international telecom provider.
During the 'how do we get there? Step, a plan will be created for implementing changes to the service desk procedures. Some issues with the service desk staff are anticipated.
Which OCM activity is the BEST to address the relevant service desk issue?
A. Service desk issue: Poorly defined roles and responsibilities for the new procedures OCM activity: Conduct a training needs analysis
B. Service desk issue: Resistance to using new procedures
OCM activity: Invite users to share success stories
C. Service desk issue: Inconsistent engagement in the project
OCM activity: Create a plan for regular measurement and reporting
D. Service desk issue: Lack of training for the new service and procedures OCM activity: Implement a staff reward scheme
Answer: C