D271 - 4.3, easy
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Questions and Answers

What did the executive survey identify as the single biggest business opportunity in Africa?

  • Electronic payments
  • Digital technology (correct)
  • Mobile technologies
  • Internet access

What technology-driven innovation is Equity Bank using to support its goal of becoming more efficient in serving its customers?

  • Paga mobile money transfer service
  • Equitel mobile application using SIM overlay technology (correct)
  • mPedigree Network for combating counterfeit products
  • Equity Afia network of medical centers

What approach does the African Leadership University (ALU) take in its education model?

  • Small team of teaching staff
  • Traditional, professor-centered learning model
  • Multimodal approach with distance learning students
  • Blended program with online education, peer-to-peer learning, and in-person interaction (correct)

What was the original idea behind the business name M-Kopa?

<p>To harness the mobile-money revolution unleashed by M-Pesa to enable Africans to finance the purchase of appliances. (D)</p> Signup and view all the answers

What is the main obstacle that the M-Kopa business model takes into account?

<p>The disposable income of ordinary African households being able to afford solar energy kits. (C)</p> Signup and view all the answers

What does the CEO of M-Kopa, Jesse Moore, mention as a potential revenue stream in the future?

<p>Collecting information on customers’ spending patterns and preferences. (B)</p> Signup and view all the answers

What was the main reason for Equity Bank's medical graduates to start clinics?

<p>To address the health challenges faced by their customers (D)</p> Signup and view all the answers

According to the text, what strategic approach did 25 percent of top-performing companies in Africa include in their growth strategies?

<p>Entering adjacent industry sectors (D)</p> Signup and view all the answers

What was Equity Afia aiming to achieve with its medical centers, based on the text?

<p>To provide affordable medical insurance to customers (A)</p> Signup and view all the answers

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