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WorksheetsIntroduction to DBD
Total questions: 10
Worksheet time: 5mins
Digital business is the end goal, digital transformation is the process that companies undergo in order to get there.
True
False
In the digital age, competitive advantage comes from complementary products and network effects.
True
False
The Porter’s five forces framework refers to:
The threat of new entrants - Threat of substitutes - Bargaining power of customers- Bargaining power of suppliers - Competitive rivalry
Strength – Weakness – Opportunity – Threat
Customers – Competitors – Business – Platform owners – Suppliers
Political – Economic – Sociocultural – Technological - Legal factors
We can describe a business model by looking at how a company...?
Create, Deliver, Capture, Dispose value
Observe, Create, Capture, Dispose value
Observe, Deliver, Capture, Displace value
Create, Deliver, Capture, Defend value
Digital business is just about selling online.
True
False
There is only one type of network effect in any network.
True
False
Digital business includes traditional players that are transforming their business with digital technologies, as well as digital-only brands.
True
False
The value of the product increases as more consumers use it. This is:
Razor-blade strategy
Indirect network effect
Direct network effect
Complement product
Ecosystem is a network of organizations and individual exchanging information and goods to create a certain value.
True
False
E-business and Digital Business are the same.
True
False
