18 Questions
What is the main focus of an IT strategy, as described in the text?
Enhancing business capabilities
Which strategy is described as customer-driven and focused on customer preferences and satisfaction?
Digital Business Models Strategy
What is a key aspect of differentiation improvement strategy mentioned in the text?
Exceeding the industry average gross margin by 30% over 10 years
What type of strategy focuses on actions to defend and exploit current competitive advantages and business models?
Product-Services Augmentation Strategy
Which type of organization focuses on leveraging existing assets to move quickly into new markets when identified?
Market Matcher
Which strategy involves series of smaller deals amounting to more than 30% of market capitalization over 10 years?
Mergers, Acquisitions, and Divestments Strategy
In digital strategy, what does the Evolver type focus on?
Defending competitive advantages
What type of organization competes in existing markets by applying digital technologies to compete at lower prices across more channels at scale?
Digital Striver
Which organization enters new markets and redefines the rules of competition through price, experience, or product by leveraging emerging Digital technologies?
Digital Disrupter
Which organization defines the standards that govern the competitive ecosystem and shapes entire Value Chains?
Ecosystem Shaper
What aspect of a digitally modified business model involves how a portfolio (company) uniquely solves a problem better than competitors?
Segmentations
What is the purpose of a digital business model?
To outline how a business competes in the market
Which core element of digital transformation involves improving the efficiency of processes for employees to focus on more strategic tasks?
Worker Enablement
In the context of strategy, what are root causes for transformation?
Identifying opportunities for value creation
What are fundamental questions in Strategy according to the text?
How do we need to transform?
Which technology helps in extending human capacity?
Innovation artifacts
What does a clear set of plans, actions, and goals in entrepreneurship outline?
How to exploit opportunities for value creation
What do strategic decisions made by players in a game aim to achieve?
Generate rewards or benefits
Test your knowledge on the concepts of Market Matcher and Digital Striver in the business world. Learn about leveraging existing assets, evolving operating models, customer relationships, and using digital advantages to compete in markets.
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