Digital Economy and Workplace Benefits

The video introduces the digital economy, highlighting its impact on business and work environments. It provides examples such as e-commerce and digital banking, and discusses challenges like workforce pushback and limited budgets. The video also addresses issues faced by developing countries, such as inadequate technology access and low computer literacy, and suggests strategies to overcome these challenges.

What is another name for the digital economy?

• Agricultural economy

• Traditional economy

• Internet economy

• Industrial economy

How does the digital workplace benefit employees?

• Limits access to meetings

• Enhances productivity and agility

• Reduces work-life balance

• Increases commute time

What is a benefit of the digital workplace for organizations?

• Increased productivity

• Limited network connections

• Reduced employee satisfaction

• Decreased agility

Which of the following is an example of the digital economy?

• Handmade manufacturing

• Traditional banking

• E-commerce

• Manual farming

Which sector is NOT mentioned as being affected by the digital economy?

• Healthcare

• Cryptocurrency mining

• Agriculture

• Manufacturing

What is a major challenge for companies in the digital economy?

• Overqualified workforce

• Employee pushback

• Excessive budget

• Too much expertise

What is a challenge specific to developing countries in the digital economy?

• Inadequate access to technology

• Excessive cultural factors

• High computer literacy

• Advanced telecommunications

What is a common issue companies face in digitalization initiatives?

• Lack of digitalization strategy

• Excessive organizational structure

• Unlimited budget

• Abundant expertise