Week 2 Interim Quiz

What is the role of digital technology in modern education, business, and daily life?

• It hinders innovation

• It transforms traditional practices

• It reduces connectivity

• It limits data accessibility

Which of the following is NOT mentioned as a component of digital technology in the text?

• Online Games and Multimedia

• Cloud Computing

• Artificial Intelligence

• 3D Printing

What does exploring digital technology involve?

• Understanding and leveraging electronic tools, systems, devices, and resources

• Limiting the use of electronic tools

• Avoiding the use of digital resources

• Reducing the storage of data

In a rapidly growing tech startup, what is a key aspect of building agile organizational structures?

• Flexibility

• Rigidity

• Hierarchy

• Isolation

What is the focus of the 'Impact on Industries' section?

• Discussing the benefits of digital disruption

• Discussing how digital disruption affects various sectors

• Discussing the history of digital disruption

• Discussing the future of digital disruption

Which of the following best describes the products involved in market disruption?

• High-end and expensive

• Low-performing and accessible

• Premium and exclusive

• High-quality and costly

What is a Disruptive Business Model?

• A model that follows traditional business practices.

• A model that significantly displaces the value provided by the incumbent.

• A model that imitates the incumbent's value proposition.

• A model that does not affect the incumbent's value network.

When does disruption exist in a business context?

• When a challenger enters with a similar value proposition.

• When a challenger enters with a value proposition that significantly displaces the incumbent's value.

• When a challenger enters without any value proposition.

• When a challenger enters with a value proposition that is less effective than the incumbent's.

What is the primary effect of a value proposition in a disruptive business model?

• It maintains the incumbent's market position.

• It significantly displaces the value provided by the incumbent.

• It imitates the incumbent's value proposition.

• It has no effect on the incumbent's value.

Which of the following is a characteristic of a disruptive business model?

• It follows traditional business practices.

• It significantly displaces the value provided by the incumbent.

• It has no impact on the incumbent's value network.

• It imitates the incumbent's value proposition.