24sp - d271 - 2 - lecture - 6.2
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Questions and Answers

What is the main purpose of redundancy in business organizations?

  • To create a competitive advantage
  • To reduce costs by minimizing elements
  • To buffer systems against unexpected shocks (correct)
  • To increase short-term efficiency

What is the primary focus of processes and structures in adaptive organizations?

  • Flexibility and learning (correct)
  • Stability and minimal variance
  • Scalability and growth
  • Efficiency and cost reduction

Which of the following is a key factor in achieving diversity of responses in business?

  • Implementing a standardized decision-making process
  • Employing people from diverse backgrounds and cognitive profiles (correct)
  • Hiring employees from the same background
  • Focusing on short-term efficiency

What is the main benefit of modularity in business organizations?

<p>Ability to fail without collapsing the entire system (B)</p> Signup and view all the answers

Why is articulating a purpose important for a company's long-term success?

<p>To ensure alignment with broader systems and societal needs (C)</p> Signup and view all the answers

What is required for adaptability in business organizations?

<p>A certain level of diversity and iterative selection (A)</p> Signup and view all the answers

What is the primary benefit of scenario planning in adaptive organizations?

<p>Developing contingency plans for plausible scenarios (C)</p> Signup and view all the answers

What is the term for a company's alignment with broader systems, including supply chains and natural ecosystems?

<p>Embeddedness (B)</p> Signup and view all the answers

What is the outcome of a company that does not structure its organization and decision processes for resilience?

<p>A non-resilient company (B)</p> Signup and view all the answers

What is the main goal of structuring a business organization for resilience?

<p>To ensure long-term survival (A)</p> Signup and view all the answers

What is the primary motivation for the entrepreneur who wants to solve a problem and make a difference?

<p>Improving people's lives and making a profit (B)</p> Signup and view all the answers

Which company provides affordable access to tractors and other agricultural machinery to farmers?

<p>Hello Tractor (D)</p> Signup and view all the answers

What is the primary goal of Social Sister?

<p>Empowering women to become clean energy entrepreneurs (D)</p> Signup and view all the answers

What is the business model of M-KOPA Solar?

<p>Enabling households to power homes and devices with solar panels and mobile money (D)</p> Signup and view all the answers

What is the key difference between Business Model Clone and Business Model Innovation?

<p>The level of innovation and uniqueness in their business model (A)</p> Signup and view all the answers

What is the primary challenge in sustaining Lagos' population growth?

<p>Exclusion of low-income groups from development plans (A)</p> Signup and view all the answers

What is the ultimate goal of Lagos' development plan?

<p>To provide equal opportunities for all (B)</p> Signup and view all the answers

What is the main challenge in addressing the growing population in cities?

<p>Traditional service delivery cannot keep pace with the growing populations (A)</p> Signup and view all the answers

What is the missing network in Nairobi's informal settlements?

<p>Sanitation (B)</p> Signup and view all the answers

What is a major challenge in addressing the issue of sanitation?

<p>It requires significant investment and resources (B)</p> Signup and view all the answers

What is the approach taken by Sanergy to address the sanitation challenge?

<p>Building a dense network of low-cost, high-quality waterless toilets (C)</p> Signup and view all the answers

What is one of the benefits of Sanergy's model?

<p>Increasing crop yields and incomes for farmers (B)</p> Signup and view all the answers

What is the result of Sanergy's model in terms of providing safe sanitation?

<p>It is one-fifth the cost of traditional methods (C)</p> Signup and view all the answers

What is one of the products that Sanergy converts waste into?

<p>Fertilizer (D)</p> Signup and view all the answers

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