Digital Literacy and Business Models Quiz

Which of the following best describes the potential relationship between digital fluency and actual use?

The Technology Readiness Index (TRI) measures a person's physical ability to use technology.

According to the Adoption Matrix, what two factors determine an employee's reaction to digital transformation?

The ability to navigate through multiple information channels is referred to as ______ literacy.

Which of the following is NOT considered a core component of AI literacy?

Skepticism literacy involves the ability to blindly trust all information found online.

What is the meaning of 'graphic literacy' in the context of the networked individual?

Match the following types of literacy with their descriptions:

Which of the following is NOT a basic interpretation of a business model?

A business model only focuses on activities within the firm.

According to Magretta (2002), what two fundamental questions should a good business model answer?

A business model is a 'blueprint of how a company does _________.'

Which of the following best describes the role of a business model according to Weil & Vitale (2004)?

According to Aspara et al. (2013) a business model is a concrete physical object.

What is the purpose of a business model as described by Osterwalder et al. (2005)?

Match the author(s) with their description of a business model:

What is one consequence of a lack of shared understanding and direction among employees regarding strategy?

Collins suggests that companies should avoid adapting strategies to remain consistent.

What does Collins consider a crucial element for strategy implementation, besides a clear strategic direction?

Companies are advised to create platforms for ______ and collaboration, involving different teams and departments.

Match the following factors of strategic failure with their descriptions:

What is the risk of a company being too rigid in their strategic planning?

According to Collins, measuring the progress and adapting strategies if necessary is not needed for a successful outcome.

What does involving the whole organization in the strategic process help to create?

What is the primary difference between a pipeline and a platform business model?

In platform business models, companies retain full control over the user experience, and openness is not a concern.

According to the article, what is a key strategic insight for companies transitioning to a platform model?

Companies transitioning to a platform model must prioritize and adapt to market and user needs, this is called ______.

Match the following business models with their description:

Which of the following is an example of a platform business model?

Pipeline business models are more dynamic and interactive than platform business models.

What two critical elements do companies need to balance to maximize a platform's value?

What is the primary goal of digitization?

Digitalization only involves scanning documents to store them digitally.

What is an example of a company implementing digitization?

The phase that involves using digital technology to improve and streamline business processes is called ______.

Match the following phases with their descriptions:

What is a key aspect of digital transformation beyond just implementing new technology?

The article suggests that digital transformation is primarily a technical issue and does not affect the organization as a whole.

Name two of the three main dimensions of digital transformation identified in the 'Digital transformation: A multidisciplinary reflection and research agenda' article?

The article argues that successful digital transformation requires a change in organizational _______, where innovation and learning are encouraged.

Match the components of digital transformation with their descriptions according to the text.

Which of the following is NOT identified as a key digital technology driving digital transformation?

The article suggests that leadership is not important to digital transformation.

What is the overall goal of the article regarding research on digital transformation?