Market Matcher vs. Digital Striver Quiz
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Questions and Answers

What is the main focus of an IT strategy, as described in the text?

  • Enhancing business capabilities (correct)
  • Improving customer satisfaction
  • Shifting capital spending across different business units
  • Aligning digital technologies with tailwinds and growth
  • Which strategy is described as customer-driven and focused on customer preferences and satisfaction?

  • Predictive Marketing Strategy
  • Segmentation Strategy
  • Worker Enablement Strategy
  • Digital Business Models Strategy (correct)
  • What is a key aspect of differentiation improvement strategy mentioned in the text?

  • Making a single large digital acquisition to leapfrog digital capabilities
  • Exceeding the industry average gross margin by 30% over 10 years (correct)
  • Maintaining a ratio of capital expenses to sales in excess of 1.7 times the industry median
  • Shifting capital spending across different business units over 10 years
  • What type of strategy focuses on actions to defend and exploit current competitive advantages and business models?

    <p>Product-Services Augmentation Strategy</p> Signup and view all the answers

    Which type of organization focuses on leveraging existing assets to move quickly into new markets when identified?

    <p>Market Matcher</p> Signup and view all the answers

    Which strategy involves series of smaller deals amounting to more than 30% of market capitalization over 10 years?

    <p>Mergers, Acquisitions, and Divestments Strategy</p> Signup and view all the answers

    In digital strategy, what does the Evolver type focus on?

    <p>Defending competitive advantages</p> Signup and view all the answers

    What type of organization competes in existing markets by applying digital technologies to compete at lower prices across more channels at scale?

    <p>Digital Striver</p> Signup and view all the answers

    Which organization enters new markets and redefines the rules of competition through price, experience, or product by leveraging emerging Digital technologies?

    <p>Digital Disrupter</p> Signup and view all the answers

    Which organization defines the standards that govern the competitive ecosystem and shapes entire Value Chains?

    <p>Ecosystem Shaper</p> Signup and view all the answers

    What aspect of a digitally modified business model involves how a portfolio (company) uniquely solves a problem better than competitors?

    <p>Segmentations</p> Signup and view all the answers

    What is the purpose of a digital business model?

    <p>To outline how a business competes in the market</p> Signup and view all the answers

    Which core element of digital transformation involves improving the efficiency of processes for employees to focus on more strategic tasks?

    <p>Worker Enablement</p> Signup and view all the answers

    In the context of strategy, what are root causes for transformation?

    <p>Identifying opportunities for value creation</p> Signup and view all the answers

    What are fundamental questions in Strategy according to the text?

    <p>How do we need to transform?</p> Signup and view all the answers

    Which technology helps in extending human capacity?

    <p>Innovation artifacts</p> Signup and view all the answers

    What does a clear set of plans, actions, and goals in entrepreneurship outline?

    <p>How to exploit opportunities for value creation</p> Signup and view all the answers

    What do strategic decisions made by players in a game aim to achieve?

    <p>Generate rewards or benefits</p> Signup and view all the answers

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