24sp - d271 - 2 - lecture

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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?

Ability to fail without collapsing the entire system Signup and view all the answers

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

To ensure alignment with broader systems and societal needs Signup and view all the answers

What is required for adaptability in business organizations?

A certain level of diversity and iterative selection Signup and view all the answers

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

Developing contingency plans for plausible scenarios Signup and view all the answers

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

Embeddedness Signup and view all the answers

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

A non-resilient company Signup and view all the answers

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

To ensure long-term survival Signup and view all the answers

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

Improving people's lives and making a profit Signup and view all the answers

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

Hello Tractor Signup and view all the answers

What is the primary goal of Social Sister?

Empowering women to become clean energy entrepreneurs Signup and view all the answers

What is the business model of M-KOPA Solar?

Enabling households to power homes and devices with solar panels and mobile money Signup and view all the answers

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

The level of innovation and uniqueness in their business model Signup and view all the answers

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

Exclusion of low-income groups from development plans Signup and view all the answers

What is the ultimate goal of Lagos' development plan?

To provide equal opportunities for all Signup and view all the answers

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

Traditional service delivery cannot keep pace with the growing populations Signup and view all the answers

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

Sanitation Signup and view all the answers

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

It requires significant investment and resources Signup and view all the answers

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

Building a dense network of low-cost, high-quality waterless toilets Signup and view all the answers

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

Increasing crop yields and incomes for farmers Signup and view all the answers

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

It is one-fifth the cost of traditional methods Signup and view all the answers

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

Fertilizer Signup and view all the answers

24sp - d271 - 2 - lecture - 6.2

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