Question 7Which of the following companies introduced platform thinking in the information technology sector?1 pointSAPAppleIBM

A Platform is a …?a set of components used in common across a product family whose functionality can be extended by third parties and which is characterized by network effectsa strategic business plan utilising new and existing technology for maximum market dominancea tried and tested business process that ensures a company remains ahead of its competitors without need to innovate and risk profitsa stable basis from which a company can launch out into new ventures and products and so achieving early Competive Advantage over its rivals

Question 2There are many views on platforms. Which of the following are views/perspectives that are used to highlight distinct aspect of how platform works and produces value? Select all that apply1 pointProduct developmentTechnology strategyEconomicService

Question 2Which view on the digital platform most resemblance a value network? 1 pointTodescribe projects that created a new generation or family of products, for aparticular firm – like the iPhone.Platforms as point of control, that a firm can exploit and make money out off. Ability of a platform to mediate transactions.

Which of the following firms acts as platform provider in two-sided markets? Select all that apply1 pointEbayGoogleNikeBank of America

Question 5What is a platform?1 pointThe screen size a designer selects to ensure the design is accessible for most usersThe medium through which users experience a productThe system a designer uses to create a functional and affordable designThe design solution a designer uses to meet a user’s needs