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