Digital Economy and Business Ecosystems Quiz

Play an AI-generated podcast conversation about this lesson

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?

Companies that offer application functionality and services to customers on a lease basis Signup and view all the answers

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

Providing application functionality and services on a rent or lease basis Signup and view all the answers

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

By illustrating dependencies between digital services, ICT infrastructures, markets, and authorities Signup and view all the answers

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

Focus on digital technology Signup and view all the answers

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

Providing products tailored to individual customer needs Signup and view all the answers

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

Erases spatial and temporal boundaries Signup and view all the answers

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

Facilitates contract fulfillment Signup and view all the answers

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

Enhances communication between manufacturers and consumers Signup and view all the answers

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

Wide open markets for entry and exit Signup and view all the answers

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

Excluded workers not developing their capacity 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?

Biotechnology Signup and view all the answers

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

Cost benefits and efficiency Signup and view all the answers

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

Deep imprints on the business landscape Signup and view all the answers

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

Full realization of ICT's potential is imminent Signup and view all the answers

What characterizes the ecosystem of the digital economy?

Multisized platforms and diverse services Signup and view all the answers

Digital Economy and Business Ecosystems Quiz

Choose a study mode

Podcast

Questions and Answers