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This preview shows page 1 - 4 out of 25 pages. Week 1 Quiz: Technology Laws of Business DisruptionQuiz, 4 questionsQuestion 11point1. Question 1Your company is undergoing a major review of its use of digital technology. How wouldMoore's Law be most likely to impact your review?The processing power of computers doubles every year and a half.The amount of data communicated through a single optical fiber doubles every nine months.The amount of data stored per square centimeter of a hard drive will double every 13 months.The cost economies of technology benefit companies rather than consumers. Question 21point2. Question 2Imagine you work for a large and established incumbent in the banking industry. Howmight you most successfully compete in an increasingly stack-based industry? Get answer to your question and much more 2. Question 2Imagine you work for a company that is developing a flexible application that allowsusers to make and track payments to non-profits and other small organizations. Howmight you most successfully compete in an increasingly stack-based industry? Get answer to your question and much more Question 31point3. Question 3Which of these best describe the experience of a company that produces content andrelies on consumers in a stack-based industry? Get answer to your question and much more 3. Question 3Which of these best describe the experience of an established platform provider in astack-based industry?Schlumberger-Private Profits are typically higher for producers than platform providers.Platform providers have almost no marginal costs.The cost and effort of adding customers and producers to the system remains at the same,predictable level throughout the development and lifetime of the system.Network effects are very weak in this stack. Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 25 pages? Upload your study docs or become a Course Hero member to access this document Newly Uploaded DocumentsNewly Uploaded DocumentsWhich of these best describe the experience of a company that produces content and relies on consumers in a stackWhich of these best describe the experience of a company that produces content and relies on consumers in a stack-based industry? Due to fragmentation in top layers, people prefer to be on smaller, separate networks. Consumers and producers need a platform on which they can find one another and interact.
What is a stackIn stack-based competition, players have to fight separate battles in each layer of the stack. Competitive advantage requires a company to be flexible enough to win in diverse and changing markets while collaborating with winners in layers in which it doesn't dominate.
How would you best describe firms that are likely to experience success during the growth phase?During the growth phase, companies start seeing a profit and positive cash flow, which evidences their ability to repay debt. The corporations' products or services have been proven to provide value in the marketplace.
Which of the following can be potential benefits from digital transformations select all applicable?Organizations across industries enjoy the benefits of digital transformation: It enables businesses to modernize legacy processes, accelerate efficient workflows, strengthen security, and increase profitability. 90% of companies are doing business in the cloud.
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Which of these best describe the experience of a company that produces content and relies on consumers in a stack
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