Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q3: Within the steps to discover a digital business model, select the two correct alternatives: (a) When discovering new business configurations, in stage three

Q3: Within the steps to discover a digital business model, select the two correct alternatives:
(a)   When discovering new business configurations, in stage three of the business discovery model, managers found the methods extremely useful, especially for transforming physical businesses into digital ones.

(b)   The identification of new digital business models should happen after the company has a better understanding of the business models already in place, whether traditional or digital and innovative.

(c)  The first step is to identify the existing products and services within the business, but it is important to remember that only digital services should be included in this mapping.

 

 

Q4: About the text "Discovering Digital Business Models in Traditional Industries", select the incorrect

alternative:
(a)   The text states that in the future digital strategy will be extremely linked to the company's business strategy. Digital today offers countless commercial opportunities and increases the power of business reach.


(b)   By following the three steps for the application of digital business, the company has a better chance of success in its projects in this segment. However, it is important to remember that monitoring should be continuous, and improvements should be suggested and refined for each of the projects within a company.

(c)   Digital is still a long way off, and companies still have some time to adapt, but it is a fact that digital alternatives are a great potentializer in sales.

 

 

Q5: About the third stage of the digital business model, read the following statements and mark the incorrect alternative:
(a)   The third stage is focused on re-evaluating existing digital business models.

(b)   Two options can be highlighted for the third stage of the digital business model, which concerns the discovery of new configurations: the first of them is recombination and the second of them is invention.

(c)  The intention of the third stage is to discover new opportunities within everything that has already been evaluated in the previous stages.

 

 

Q6: About the VISOR framework, check the two correct alternatives:
(a)   The value proposition is the first component of the VISOR Framework, and it concerns what is the main reason why a consumer chooses to pay for a product or service.

(b)   In total, the VISOR Framework has six components, the last one being the management model.

(c)  Service platforms are part of component number 3 of the VISOR Framework. Service platforms are the software of the business that enables the delivery of digital products and services.


Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below Q3 The correct a... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

9th Edition

1337614689, 1337614688, 9781337668262, 978-1337614689

More Books

Students also viewed these Business Communication questions

Question

Calculate the missing value.

Answered: 1 week ago

Question

What amount when increased by 150% equals $575?

Answered: 1 week ago