Digital Economy and Business Ecosystems Quiz
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Questions and Answers

According to James F. Moore, how does a company fit into a business ecosystem?

  • As a member of a single industry
  • As a standalone entity unrelated to other companies
  • As a competitor to all other companies
  • As part of a business ecosystem spanning multiple industries (correct)

What do companies do within a business ecosystem according to Moore's idea?

  • Compete only with companies in the same industry
  • Ignore customer needs
  • Cooperate with others to support new products and innovations (correct)
  • Isolate themselves from the market

What is the role of content providers (CP) in the digital economy ecosystem?

  • Developing application functionality
  • Building ICT infrastructures
  • Providing material produced by others to end consumers (correct)
  • Leasing network services

How are application service providers (ASP) defined within the digital ecosystem context?

<p>Companies that offer application functionality and services to customers on a lease basis (C)</p> Signup and view all the answers

What is the primary function of an ASP in the digital economy ecosystem?

<p>Providing application functionality and services on a rent or lease basis (B)</p> Signup and view all the answers

How does the digital economy ecosystem describe the relations between different elements?

<p>By illustrating dependencies between digital services, ICT infrastructures, markets, and authorities (A)</p> Signup and view all the answers

What is the primary characteristic of a digital economy according to the Oxford Digital Economy Collaboration Group?

<p>Focus on digital technology (D)</p> Signup and view all the answers

In the context of the digital economy, what does the concept of 'Personalization' aim to achieve?

<p>Providing products tailored to individual customer needs (A)</p> Signup and view all the answers

How does the digital economy impact the relationship between producer and consumer?

<p>Erases spatial and temporal boundaries (B)</p> Signup and view all the answers

What role does informatics play in promoting economic activities in the digital economy?

<p>Facilitates contract fulfillment (D)</p> Signup and view all the answers

How does the concept of 'Sharing' contribute to the digital market?

<p>Enhances communication between manufacturers and consumers (A)</p> Signup and view all the answers

What is one way small manufacturers benefit from the digital economy as mentioned in the text?

<p>Wide open markets for entry and exit (B)</p> Signup and view all the answers

What is the primary cause of structural unemployment in the digital economy?

<p>Excluded workers not developing their capacity (B)</p> Signup and view all the answers

Which of the following technologies is NOT considered a part of the digital goods and services in the digital economy?

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

How do private businesses and the public sector primarily benefit from embracing ICT in the digital economy?

<p>Cost benefits and efficiency (D)</p> Signup and view all the answers

What is the significant impact of innovations and developments in ICT on today's business landscape?

<p>Deep imprints on the business landscape (D)</p> Signup and view all the answers

Why is the digital economy considered to be at the beginning of an economic revolution?

<p>Full realization of ICT's potential is imminent (D)</p> Signup and view all the answers

What characterizes the ecosystem of the digital economy?

<p>Multisized platforms and diverse services (D)</p> Signup and view all the answers

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