18 Questions
What type of business model innovation pattern involves offering free basic services with optional premium services?
Multi-sided Freemium
Which type of business model innovation pattern involves creating and capturing value by systematically collaborating with outside partners?
Open Business Models
What strategy involves exploiting internal research through outside partnerships in business model innovation?
Connect and Develop
In which pattern is a free newspaper offered in many locations as an example?
Bait & Hook
Which type of business model innovation pattern involves exploiting external ideas and bringing them into the firm?
Open Business Models
What approach involves establishing a patent pool that is open to other researchers in business model innovation?
'Outside-in' strategy
Which of the following best describes e-Manufacturing?
A system that enables e-Business systems to meet increasing demands through tightly integrated SCM, ERP, and CRM systems.
What is co-creation in the context of e-Manufacturing?
A process where customers and stakeholders collaborate with the organization to produce a mutually valued outcome.
What is the primary focus of co-creation in e-Manufacturing?
Innovation of products, services, or business processes.
Which of the following statements best describes the role of customers in co-creation?
Customers provide ideas and collaborate with the organization in one or more stages of the business processes.
How does co-creation differ from traditional manufacturing processes?
It involves customers and stakeholders in the product development and realization processes.
What is the primary benefit of co-creation in e-Manufacturing?
Increased customer satisfaction and innovation.
Which of the following is NOT a characteristic of open source software?
Changes can only be made by the original software owner
What is the primary purpose of mass collaboration?
To coordinate efforts and combine knowledge to complete a project
Which of the following is NOT an example of co-creation?
Closed source software development
In the context of e-manufacturing, what is the primary difference between traditional manufacturing and open source?
Open source allows anyone to modify and share designs
Which of the following is a form of co-creation aimed at involving customers?
Mass customization
What is the primary advantage of mass collaboration over traditional manufacturing?
Combining diverse knowledge and skills
Test your knowledge on e-Manufacturing Lecture 5 introduction covering topics such as e-Business systems, supply chain management (SCM), enterprise resource planning (ERP), customer relation management (CRM), and co-creation.
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