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Untitled Presentation

Untitled Presentation

Assessment

Presentation

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Social Studies

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Professional Development

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Practice Problem

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Hard

Created by

Maribel Carrillo

FREE Resource

30 Slides • 25 Questions

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Multiple Choice

Which of the following is a key characteristic of a business operating in the digital economy?

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Reliance on paper-based processes

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Limited use of technology

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Integration of digital tools and data analytics

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Focus solely on local markets

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Open Ended

What are some potential benefits for small and medium-sized enterprises (SMEs) in adopting digital transformation strategies?

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Multiple Choice

According to the text, what has been the main driver for companies to transform their business models in the digital era?

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Technological advances in the last 50 years

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Government regulations

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Increased competition from small businesses

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Lack of skilled labor

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Multiple Choice

Which of the following are examples of new business models enabled by digitalization?

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Digital platforms like Amazon and Airbnb

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Traditional brick-and-mortar stores

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Manual bookkeeping services

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Local-only delivery services

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Open Ended

What are some of the main characteristics of the digital economy as described in the slides?

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Fill in the Blank

Fill in the blank: In the gig economy, jobs tend to be more flexible but offer less ________ security.

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Multiple Choice

Which company is highlighted as an example of a digital native business, and what innovation did it introduce to the market?

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Amazon; cloud computing services (AWS)

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Alibaba; traditional retail stores

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PayPal; physical banking

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Uber; food delivery only

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Multiple Choice

Which of the following best describes how Netflix adapted to changes in consumer habits?

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By launching a DVD rental service in 2007

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By focusing only on physical media

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By launching a streaming platform and innovating with original content and AI-based recommendations

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By avoiding digital transformation

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Multiple Choice

Classify the following companies into the correct sector: Facebook, Amazon, Netflix, PayPal, Airbnb, Microsoft Azure.

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1. Facebook - Social Networks, Amazon - E-commerce, Netflix - Streaming/Entertainment, PayPal - FinTech, Airbnb - Collaborative Economy, Microsoft Azure - Technology/Cloud

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1. Facebook - E-commerce, Amazon - Streaming/Entertainment, Netflix - FinTech, PayPal - Collaborative Economy, Airbnb - Technology/Cloud, Microsoft Azure - Social Networks

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1. Facebook - Technology/Cloud, Amazon - Collaborative Economy, Netflix - Social Networks, PayPal - Streaming/Entertainment, Airbnb - E-commerce, Microsoft Azure - FinTech

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1. Facebook - FinTech, Amazon - Social Networks, Netflix - E-commerce, PayPal - Technology/Cloud, Airbnb - Streaming/Entertainment, Microsoft Azure - Collaborative Economy

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Open Ended

What are some key regulatory challenges faced by digital native companies like Uber when entering traditional markets?

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Fill in the Blank

Fill in the blank: Unlike digital native companies, many traditional companies have had to face the challenge of adapting to the new ___ environment.

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Multiple Choice

Which of the following best explains how General Electric (GE) adapted to the digital economy?

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By focusing only on manufacturing physical products

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By connecting machinery and collecting data through IoT to optimize performance and efficiency

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By avoiding digital transformation

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By outsourcing all digital operations

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Multiple Choice

Which of the following strategies did Walmart implement to adapt to the digital economy?

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Investing in e-commerce and omnichannel experience

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Focusing only on physical stores

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Ignoring digital competitors

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Reducing logistics innovation

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Multiple Choice

What was the main reason Kodak failed to adapt to the digital economy?

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They focused on traditional film business

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They invested heavily in digital cameras

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They partnered with digital companies

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They expanded into new markets

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Fill in the Blank

Blockbuster failed to survive in the digital economy mainly because it did not adopt the ___ model in time.

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Open Ended

What are some common challenges faced by traditional companies that did not succeed in the digital economy, as illustrated by the cases of Kodak, Blockbuster, and Yahoo!?

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Multiple Select

Which of the following companies failed to adapt to the digital economy? Select all that apply.

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Kodak

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Nike

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Blockbuster

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Yahoo!

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Multiple Choice

Which of the following technologies is NOT mentioned as an opportunity in the digital economy according to the text?

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Big data

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Artificial intelligence

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Cloud computing

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Blockchain

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Open Ended

Compare the digital strategies used by Zara and Banco Sabadell. What are the main differences in their approaches to digital transformation?

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Fill in the Blank

A recommended solution to reduce the digital gap between large companies and SMEs is subsidized ___.

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Multiple Choice

What is the main topic of the group debate exercise?

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The impact of automation on employment

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The effect of digitalization on inequality between large companies and SMEs in Spain

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The benefits of cloud computing for banks

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How to implement big data in retail

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Open Ended

Based on the SWOT (DAFO) analysis framework, propose one strategy an SME could use to turn a weakness into an opportunity.

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Multiple Select

Which of the following are components of a SWOT (DAFO) analysis for SMEs as shown in the image?

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Weaknesses

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Threats

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Opportunities

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Resources

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Multiple Choice

Which of the following is a major benefit of digital transformation for companies in the digital economy?

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Increased paperwork

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Faster decision-making

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Higher storage costs

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Less customer engagement

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Open Ended

Reflecting on what you have learned about digital transformation in businesses, what is one key takeaway you will apply to your own work or studies?

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