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Platform Businesses

Authored by Rishi Srinivasan

Business

1st Grade

Platform Businesses
AI

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are ranked as the top four by market capitalization?

Apple, Microsoft, Alphabet, Amazon

Facebook, Alibaba, Tencent, Amazon

Apple, Microsoft, Google, Facebook

Microsoft, Alphabet, Amazon, Facebook

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of unicorns in 2017 were platform businesses?

10-20%

30-40%

50-60%

60-70%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the common challenges faced by all types of platforms?

Choosing the right market participants, solving the chicken-or-egg problem, designing a business model, establishing rules

Attracting investors, managing debt obligations, dealing with government regulations, generating sales growth

Building a large user base, increasing market concentration, monetizing the platform, avoiding competition

Creating innovative products, expanding into new markets, reducing costs, improving customer experience

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two basic types of platforms?

Transaction and innovation platforms

Digital and physical platforms

Public and private platforms

Traditional and modern platforms

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main source of network effects for innovation platforms?

Increasing market concentration

Building large user bases

Creating complementary products

Implementing advanced technologies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies disrupted the mainframe computer industry in the 1980s and early 1990s?

Microsoft, Intel, Apple

IBM, Google, Amazon

Alibaba, Tencent, Rakuten

Facebook, LinkedIn, Twitter

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main business challenge for ride-sharing platforms?

Attracting enough drivers

Building a large user base

Generating proAts

Reducing competition from taxis

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