DIGIIN questions

Outside-in refers to providing external parties with ideas or assets lying idle with the firm

• True

• False

Answer explanation

Outside-in refers to exploiting external ideas and bringing them into the firm. The question shows the definition of inside-out.

Which statement about how to innovate business model design is correct?

• By adding novel activities, for example, through forward or backward integration; we refer to this form of business model innovation as new activity system “structure”.

• By changing one or more parties that perform any of the activities; we refer to this form of business model innovation as new activity system “governance”.

• By linking activities in novel ways; we refer to this form of business model innovation as new activity system “content”.

• By introducing new products; we refer to this form of business model innovation as new activity system "content".

The value driver "Novelty" of business models is best explained as:

• Refers to those business model activities for business model participants to stay and transact within the activity system.

• Captures the degree of business model innovation that is embodied by the activity system.

• Refers to the value-enhancing effect of the interdependencies among business model activities

• Refers to cost savings through the interconnections of the activity system.

Controlling household devices with an application on your smartphone is best described as using:

• Internet of Things

• Blockchain

• Augmented Reality

• Artificial Intelligence

Blockchain enables creating a sense in a centralized trust network rather than a distributed trust network

• True

• False

What kind of intelligence surpasses human brains in practically every field?

• Narrow Intelligence (NI)

• Artificial Narrow Intelligence (ANI)

• Artificial General Intelligence

• Artificial Super Intelligence

Which of the following does not characterize E-Manufacturing?

• Delivery mostly by parcels

• High return levels

• Product range is maximum 200.000 articles

• Focuses on end users rather than wholesalers

A reverse auction is one of the major methods in e-procurement and can be classified as which main type of B2B e-commerce?

• Sell-side B2B

• Buy-side B2B

• Marketplace

• Collaborative commerce

Which of the following correctly identifies the two major types of materials and supplies traded in the B2B market?

• Services and technology

• Software and hardware

• Direct and indirect materials

• Raw materials and finished goods

The Buy-side B2B transaction activity type is best described as many buyers to one seller.

• True

• False