WorksheetsIntroduction: Fight the Right Battle.
Total questions: 12
Worksheet time: 6mins
What are traditional financial institutions grappling with?
Decline in stock prices
Rising fintech companies
Increased taxation
Labor shortages
What is the impact of tech giants on the retail sector?
They reduce competition
They pose a direct challenge
They increase employment
They lower prices
What is the main competitive strategy of traditional businesses against tech giants?
Outpacing tech giants in digital innovation
Mastering physical operations
Creating their own unique path
Competing on price
What is a misguided mindset for traditional businesses?
Competing on price
Trying to outpace tech giants
Focusing on customer service
Expanding globally
What do you think about the future products in the diagram?
They will be solely digital
They will blend digital and traditional features.
They will focus solely on traditional attributes without incorporating any digital elements.
They will become outdated and no longer relevant.
What is the role of traditional attributes in the value creation process according to the diagram?
They are no longer relevant or significant in the current context.
They are secondary to digital attributes
They are just as important as digital attributes.
They have become outdated and no longer align with modern standards or practices.
What does the Business Disruptive Technology Module aim to teach?
How to maintain traditional business models?
How to become smart rivals in a tech-dominated world?
How to avoid digital transformation?
How to focus on local markets and customer satisfaction?
What is the key to prosperity in the digital age?
Maintaining traditional methods
Embracing digital transformation
Reducing digital presence
Focusing on local markets
What is required for traditional businesses to forge a new path?
More funding
The right direction and creativity
A larger workforce
Complete digitalization
What is the nature of the path that traditional businesses need to take?
Well-charted
Uncharted
Predictable
Risk-free
What is the risk of not having a clear innovation path?
Increased costs
Aimless strategies
Loss of employees
Decreased market share
What is a potential benefit of integrating digital tools in traditional businesses?
Increased operational complexity
Enhanced customer engagement
Higher employee turnover
Reduced market reach
