During topic #1 – Digital Strategy lecture you learned about four themes which create a successful digital transformation strategy. What are the four themes?  Please select the best answer. 

What types of companies should be concerned about digital transformation?

A firm’s financial performance that consistently outperforms its industry’s peers is known as __________.

As described in the textbook, some of the radical changes brought on by new technologies include:  (select the best answer)

Many telecom firms began digging up the ground and laying webs of fiberglass to meet the growing demand for Internet connectivity. However, rivals and startups began to imitate these firms and soon these new assets were not so rare and each day they seemed to be less valuable. It can be inferred from this example that…

During topic #2 lecture on digital transformation, we learned this technology has the potential for significant switching costs. 

Firms are increasingly shifting spending away from the Web to other channels such as print, radio, and television as these are often easier to track and analyze.

During our topic #1 lecture we discussed four significant technologies which created the foundation to enabled digital transformations.  Each of these four technologies have changed the way we work, live and interact with others.  What are they?

The set of activities through which a product or service is created and delivered to customers is known as a(n) _________.

Consumers buying commodities are highly _________ since they have so many similar choices.