Podcast
Questions and Answers
Which of the following is NOT one of the four growth strategies in the Ansoff matrix?
Which of the following is NOT one of the four growth strategies in the Ansoff matrix?
- Platform diversification
- Digital growth strategies (correct)
- Co-creation platform
- Platform based market penetration
What is the purpose of measuring key performance indicators (KPIs) in digital firms?
What is the purpose of measuring key performance indicators (KPIs) in digital firms?
- To track profitability
- To facilitate learning (correct)
- To improve employee attraction
- To focus on growth figures
What is the main focus of digital firms when it comes to financial metrics?
What is the main focus of digital firms when it comes to financial metrics?
- Digital skills
- Profitability
- Growth figures (correct)
- Employee attraction
Which type of businesses are struggling to adapt to the changing environment and are at risk of being wiped out?
Which type of businesses are struggling to adapt to the changing environment and are at risk of being wiped out?
What is one way in which digital innovation is changing the process of innovation in a business?
What is one way in which digital innovation is changing the process of innovation in a business?
What is one way in which competition has changed in the digital age?
What is one way in which competition has changed in the digital age?
Which phase of digital transformation introduces a new business model by implementing new business logic to capture value?
Which phase of digital transformation introduces a new business model by implementing new business logic to capture value?
What are the three major external factors driving the need for digital transformation?
What are the three major external factors driving the need for digital transformation?
What is the strategic necessity of digital transformation related to digital resources?
What is the strategic necessity of digital transformation related to digital resources?
What organizational structure is suggested for business model innovation during digital transformation?
What organizational structure is suggested for business model innovation during digital transformation?
