MODULE 5

Question 1

is the process by which companies embed technologies across their
businesses to drive fundamental change.

Answer 1

Digital transformation

Question 2

Two concepts related to digital transformation are

Answer 2

digitization and digitalization.

Question 3

is the process of translating analog information and data into digital form for
example, scanning a photo or document and storing it on a computer.

Answer 3

Digitization

Question 4

is the use of digital technologies to change business processes and projects such as skilling employees to use new software platforms designed to help launch products
faster.

Answer 4

Digitalization

Question 5

The primary goal of a process transformation is

Answer 5

make internal processes more
straightforward and efficient.

Question 6

A company undertaking a process transformation is aiming to

Answer 6

reduce throughput time, costs, errors and complexity by rethinking current strategies.

Question 7

essential for a successful process transformation.

Answer 7

An evaluation of the company’s existing software

Question 8

consider several factors when introducing new software applications
during a transformation.:

Answer 8

implementation timelines,

change
management
urgency of the change.

Question 9

In this situation, a company is attempting to revamp part of its business by digitizing a product or service previously delivered through another means.

Answer 9

B. Business Model Transformation

Question 10

this transformation is when leaders see an
opportunity to change the way consumers purchase or use a product or a service

Answer 10

Business Model Transformation

Question 11

Important considerations for a business model transformation include

Answer 11

avoiding being too
reactive

potentially needing to hire employees

Question 12

Netflix made the switch from mailing DVDs to online streaming. what type of transformation is this

Answer 12

Business Model Transformation

Question 13

A company undergoes a _____ transformation when company leaders want to enter a new
market.

Answer 13

Domain Transformation

Question 14

when a business’s
technologies is making it difficult to continue a current business plan and leaders looking to diversify the organization’s portfolio. what transformation is essential

Answer 14

Domain Transformation

Question 15

creating a new revenue stream is what type of transformation

Answer 15

Domain transformation

Question 16

this usually affect a company significantly and is
sometimes difficult to implement because it can require major change for employees.

Answer 16

Cultural/Organizational Digital Transformation

Question 17

An organization may go through a ___ if the company has experienced a change in leadership. Negative circumstances, like a
lawsuit or a negative industry reputation

Answer 17

Cultural/Organizational Digital Transformation

Question 18

culture enables organizations to adopt agile workflows, develop a bias
toward testing and learning as well as support decentralized decision-making.

Answer 18

Cultural/Organizational Digital Transformation

Question 19

digitalization involves translating analog info into digital form

Answer 19

False

Question 20

A business model transformation is less drastic than a process transformation

Answer 20

False

Question 21

Process transformation focuses on making internal process more coplex

Answer 21

False

Question 22

digital transformation requires ashift away from traditional thinking

Answer 22

TRUE