Podcast Beta
Questions and Answers
Which of the following best describes a platform business?
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Which of the following is a key characteristic of a platform business?
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Which of the following is NOT a characteristic of the digital revolution's impact on competition?
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What is a platform business?
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Which factor contributes to the fast growth of platform businesses?
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What makes it extremely hard to launch a direct challenger to a widely established platform?
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What is the main purpose of platforms in terms of economic efficiency?
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How do platforms compete to attract customers in terms of trust?
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Which of the following can pose a cultural challenge in organizations where the 'competition is war' mindset is prevalent?
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One of the biggest challenges of a platform business model is _____________.
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What may not be possible for some leaders or company cultures in the context of a platform business model?
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Platforms grow by letting ____________ bring their own value to the platform.
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Which type of platform brings together two distinct groups of customers for a direct value exchange?
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What are direct network effects?
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What are indirect network effects?
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What are the four key elements of platforms driven by digital technologies?
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Which of the following best describes disintermediation?
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What is the main focus of the competitive value train tool?
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Which of the following statements about power in value trains is true?
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What are some of the organizational challenges that arise from competition and cooperation between firms?
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