ERP Leadership and Digital Transformation 1

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Flashcards	17
Language	English
Category	Micro-Economics
Level	Primary School
Created / Updated	03.06.2018 / 06.10.2019
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Digital transformation is a concern for which of the following organizations?

Organizations in the service sector only

Organizations whose business is already highly digitized

Organizations in the production sector only

Organizations across all industry sectors

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Organizations in the service sector only

Organizations whose business is already highly digitized

Organizations in the production sector only

Organizations across all industry sectors

Which trends are the basis for an increased interest in and necessity for digital transformation?

(2 correct answers)

Serviceation

Urbanization

Immigration

Climate change

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Serviceation

Urbanization

Immigration

Climate change

Which statements are true for many business models due to digital transformation?

(2 correct answers)

The barriers to entering a new market decrease.

Threats exist only inside the organization (for example, resistance to change).

The competitors and peer group remain the same.

The change from producer to solution provider is often favorable.

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The barriers to entering a new market decrease.

Threats exist only inside the organization (for example, resistance to change).

The competitors and peer group remain the same.

The change from producer to solution provider is often favorable.

What is the most recent IT megatrend?

Client/server architecture

Service-oriented architectures

Social media

Internet of Things

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Client/server architecture

Service-oriented architectures

Social media

Internet of Things

What makes digital transformation inevitable?

Ambidexterity

Herd behavior

The replacement of CAPEX with OPEX

Service-dominant logic

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Ambidexterity

Herd behavior

The replacement of CAPEX with OPEX

Service-dominant logic

Which of the following statements is true for value creation from the perspective of service-dominant logic?

The creation of value takes place during the production of a product or service.

There is a natural division between goods and services.

There is a shift in focus from the customer's perspective to the producer's perspective.

Different customers rate the same offerings very differently.

The creation of value takes place during the production of a product or service.

There is a natural division between goods and services.

There is a shift in focus from the customer's perspective to the producer's perspective.

Different customers rate the same offerings very differently.

What levers are available to organizations to increase the fit of their offeringsto a service ecosystem?

(2 correct answers)

Explore new business models.

Develop a rigid organizational structure.

Concentrate only on one distribution channel.

Exploit knowledge.

Explore new business models.

Develop a rigid organizational structure.

Concentrate only on one distribution channel.

Exploit knowledge.

What characterizes open innovation?

(2 correct answers)

Adopting good ideas from the outside

Spreading innovative ideas from inside the organization to outside the organization

Integrated development of product-service systems

An inherent conflict between launching costly innovation projects and an obligation to save money

Adopting good ideas from the outside

Spreading innovative ideas from inside the organization to outside the organization

Integrated development of product-service systems

An inherent conflict between launching costly innovation projects and an obligation to save money

What can be said about the business model of successful technology spin-offs?

It has an identical business model to the parent.

It has a better business model than the parent at the beginning (in terms of historically most valued attributes).

It has a different business model to the parent.

It has a business model that cannot be replicated.

It has an identical business model to the parent.

It has a better business model than the parent at the beginning (in terms of historically most valued attributes).

It has a different business model to the parent.

It has a business model that cannot be replicated.

Which of the following is a source for value creation?

A single delivery channel

Proprietary IT

Locked-in customers or partners

A closed value chain

A single delivery channel

Proprietary IT

Locked-in customers or partners

A closed value chain

What does the "Why" question in the magic triangle of business models address?

The value chain

The customer

The value proposition

The profit mechanism

The value chain

The customer

The value proposition

The profit mechanism

What will present challenges to business models in general in the future?

(2 correct answers)

Competition is global, and digital technologies provide resources to pursue new opporrtunities.

Barriers to market entry that protected incumbent companies are rising.

Waves of digital change are occurring less frequently.

The competitive landscape is in perpetual motion.

Competition is global, and digital technologies provide resources to pursue new opporrtunities.

Barriers to market entry that protected incumbent companies are rising.

Waves of digital change are occurring less frequently.

The competitive landscape is in perpetual motion.

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