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isds 3100 exam 2 quizzes and sample questions with 100% correct answers
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JACKLINEisds 3100 exam 2 quizzes and sample questions with 100% correct answers
Terms in this set (35)
We studied that 'Value in a network is proportional any connected entity
to the number of connected nodes.' What do we
refer to with the term 'node'?
What is the name of the process by which a network effect
network becomes more valuable as its size
increases?
Sustaining- incremental changes in microprocessor performance (Intel).
Describe an example of a sustaining and
Disruptive- Netflix mail order and subsequent streaming service disrupted the video rental
disruptive technology.
market.
While with the term Internet we identify a plethora the Internet is a "network of networks," an infrastructure upon which services, like the World Wide
of concepts, from a technical perspective it is well Web, are delivered (i am almost certain this is the correct one)
defined. Which of the following definitions is
correct?
1/8
, The business model canvas is a strategic management template designed to develop new
business models and document existing models.
1. customer segments - the consumers you are creating value for, typically divided into similar
interested
2. value proposition - the products or services that are creating value to consumers
3. channels - ways your customers come in contact with your business and become part of your
Describe the business model canvas and provide sale cycle
a brief description of its main building blocks. 4. customer relationships - how you interact with customers
5. revenue streams - ways the value proposition is converted to financial gain
6. key resources - assets at the center of it all, needed to achieve the value proposition
7. key activities - actions preformed to achieve the value proposition for your customers
8. key partnerships - external people possibly needed to preform key activities and deliver value
to the consumer
9. cost structure - the monetary cost of operating as a business
What is the revenue model of Facebook? advertisement support
The IS planning process typically happens in five Strategic Business Planning
phases. Which phase consists of defining the
organization's mission, future direction,
performance targets, and strategy?
The IS planning process typically happens in five Information Systems Assessment
phases. Which phase consists of evaluating the
available resources and whether these resources
are currently fulfilling the needs of the
organization?
In which of the following cases will a market most c. low demand for variety and strong network effect
likely tip?
a. high demand for variety and weak network
effect
b. high demand for variety and strong network
effect
c. low demand for variety and strong network
effect
d. low demand for variety and weak network
effect
2/8
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