Philip Evans: How data will transform business

Philip Evans: How data will transform business

Assessment

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Business

11th Grade - University

Hard

13:57

10 questions

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1.

Multiple Choice

30 sec

1 pt

Who are the two intellectual figures credited with the origins of business strategy?

Bruce Henderson and Michael Porter

Peter Drucker and Henry Mintzberg

Elon Musk and Jeff Bezos

Adam Smith and John Keynes

2.

Multiple Choice

30 sec

1 pt

What concept did Bruce Henderson introduce to business strategy?

Value Chain

Balanced Scorecard

Increasing Returns

SWOT Analysis

3.

Multiple Choice

30 sec

1 pt

How did falling transaction costs affect the encyclopedia industry?

Encouraged more door-to-door sales

Led to the rise of CD-ROMs and the Internet

Increased sales of leatherbound books

Made encyclopedias more expensive

4.

Multiple Choice

30 sec

1 pt

What is unique about Wikipedia compared to traditional encyclopedias?

It is printed on demand

It is only available offline

It is more expensive

It is created by its users

5.

Multiple Choice

30 sec

1 pt

What major change occurred in the world's data stock by 2007?

It became mostly analog

It remained unchanged

It became mostly digital

It decreased significantly

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