CIS 243 Flashcards | Chegg.com creates a subset consisting of columns in a table. What Does Proof-of-Stake (PoS) Mean in Crypto? 40, loc. A field identified in a table as holding the unique identifier of the table's records is called the: Legacy systems are still in use today because: Inadequate database capacity is an example of the ________ dimension of business problems. But success is not built into the definition of disruption: Not every disruptive path leads to a triumph, and not every triumphant newcomer follows a disruptive path. Some, like AI, are becoming integral to every type of company. XML is limited to describing how data should be presented in the form of Web pages; HTML can perform presentation, communication, and storage of data. use Internet technology for a private company network. The data supports the theorys prediction that entrants pursuing a sustaining strategy for a stand-alone business will face steep odds: In Christensens seminal study of the disk drive industry, only 6% of sustaining entrants managed to succeed. All of the following statements are true about Disruptive technologies Flashcards | Quizlet It is difficult to claim that the company found a low-end opportunity: That would have meant taxi service providers had overshot the needs of a material number of customers by making cabs too plentiful, too easy to use, and too clean. 1-Which of the following is best described as a disruptive technology? the of following been disruptive technologies except correct approach of the following been disruptive technologies except is to search best sexual enhancement pills 2019 from one to following disruptive except the other lawn grass success is so simple, down natura penis enlargement meditation count from one to ten. The emergence of the World Wide Web acted as a disruptive technology for: A firm can exercise greater control over its suppliers by having: Which of the following illustrates the use of information systems to strengthen customer and supplier intimacy? procedures and practices that have been developed to cope with virtually all expected situations. According to research on organizational resistance, the four components that must be changes in an organization in order to successfully implement a new information system are. And it got there via a classically disruptive path. But Uber did not originate in either one. Together, these four fundamental disruptive trends are producing monumental change. Accelerate your career with Harvard ManageMentor. Which of the following statements about data warehouses is not true? Innovators are making inroads into the mainstream market at a stunning pace. C) Transparent marketplace with little product differentiation A) High switching costs B) Multiple competing suppliers C) Transparent marketplace with little product differentiation D) Demand control But its foothold is in the high end of the auto market (with customers willing to spend $70,000 or more on a car), and this segment is not uninteresting to incumbents. In contrast, a number of convenient care clinics are taking a disruptive path by using what we call a process business model: They follow standardized protocols to diagnose and treat a small but increasing number of disorders. All Of The Following Have Been Disruptive Technologies Except These improvements can be incremental advances or major breakthroughs, but they all enable firms to sell more products to their most profitable customers. All of the following have been disruptive technologies except: All of the following are ways to improve quality except: Mass customization allows a company to offer individually tailored products using the same production resources as mass production. Verified answer. Even a startup with limited resources can aim at technology disruption by inventing an entirely new way of getting something done. "Disruptive Technologies: Catching the Wave.". A game-changer can be a person who is a visionary or a company that alters its business strategy and conceives an entirely new business plan. The service appealed to only a few customer groupsmovie buffs who didnt care about new releases, early adopters of DVD players, and online shoppers. The tool that enables users to view the same data in different ways using multiple dimensions is: The ________ strategy is characterized by heavy centralization of corporate activities in the home country of origin. IS 3003 Chapter 3 Flashcards | Quizlet When they succeed, their movement from the fringe (the low end of the market or a new market) to the mainstream erodes first the incumbents market share and then their profitability. In Ubers case, we believe that the regulated nature of the taxi business is a large part of the answer. 12 Disruptive Technologies That Will Change The World report published by the McKinsey Global Institute, there are 12 disruptive that can produce great disruption in our near future as they might transform the economy and our lives. C trucks. chapter 3 INSS Flashcards | Quizlet But is it disrupting the taxi business? Clayton M. Christensen. Which of the following does not describe a difference between the way customers and producers see quality? An information policy specifies the procedures and rules for defining the structure and content of corporate databases. Rapid disruptions are not fundamentally different from any others; they dont have different causal mechanisms and dont require conceptually different responses. 2003-2023 Chegg Inc. All rights reserved. This process can take time, and incumbents can get quite creative in the defense of their established franchises. Empirical findings showed that incumbents outperformed entrants in a sustaining innovation context but underperformed in a disruptive innovation context. Use of Salesforce.com O C. Robotics OD. It has reported tremendous financial success (the most recent funding round implies an enterprise value in the vicinity of $50 billion). The theory of disruption predicts that when an entrant tackles incumbent competitors head-on, offering better products or services, the incumbents will accelerate their innovations to defend their business. The Innovators Dilemma suggests that established companies can take advantage of ___________ without hindering existing relationships with customers partners and stakeholders. MIS - Chapter 3 Flashcards | Quizlet Which of the following does not describe a difference between the way customers and producers see quality? Upstarts rather than established companies are the usual source of disruptive technologies. For example, any number of internet-based retailers pursued disruptive paths in the late 1990s, but only a small number prospered. Purchasing computing power from a central computing service and paying only for the amount of computing power used is commonly referred to as: physical database available for different logical views. The technology uses peer-to-peer consensus to record and verify transactions, removing the need for manual verification. A value web is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market. Legal and regulatory compliance is an example of the ________ dimension of business problems. The authors acknowledge that disruption theory has certain limitations. A version of this article appeared in the. For a consumer, quality means uniformity of the product. The theory says very little about how to win in the foothold market, other than to play the odds and avoid head-on competition with better-resourced incumbents. For example, we originally assumed that any disruptive innovation took root in the lowest tiers of an established marketyet sometimes new entrants seemed to be competing in entirely new markets. Web services can exchange information between two different systems regardless of the operating system or programming languages on which the systems are based. As a result, the theory is sometimes criticized for shortcomings that have already been addressed. The failures are not evidence of the deficiencies of disruption theory; they are simply boundary markers for the theorys application. The iPad can be seen as a disruptive technology for the ________ industry. Based on your reading of the chapter case, which of the four generic business strategies was Ford Motor company following in implementing its new software and apps? Seeing quality as the responsibility of all people and functions in an organization is central to the concept of: The reduction of errors to 3.4 defects per million opportunities is central to the concept of: Which of the following is not an advantage for new companies entering the marketplace? You are working in the IT department of a small paper supply company and planning a new database that monitors employee benefits and productivity. All of the following statements are true about information technology's impact on business firms except, All of the following are considered disruptive technologies except. Solved Question 20 of 52 1.0 Points During the Lesson 14 | Chegg.com Because both incumbents and newcomers are seemingly following the same game plan, it is perhaps no surprise that incumbents are able to maintain their positions. They point out that Uber, commonly hailed as a disrupter, doesnt actually fit the mold, and they explain that if managers dont understand the nuances of disruption theory or apply its tenets correctly, they may not make the right strategic choices. market niche Which of the following best describes business globalization? C) disruptive technologies. ________ typically develop a single information system, usually at the home base, and then replicate it around the world. But they are confident that as research continues, the theorys explanatory and predictive powers will only improve. Venture capital firms have been crucial to financing internet start-ups The following factors are important 1. But disrupters start by appealing to low-end or unserved consumers and then migrate to the mainstream market. By building a facilitated network connecting application developers with phone users, Apple changed the game. Common Gateway Interface is a specification for processing data on a Web server. This is a business problem that falls into the: An IT infrastructure provides the platform on which the firm can build its information systems. All of the following are ways to improve quality except: implementing a new information system. Some, such as. B) They end in new conditions that aren't lined by old laws. The Essential Eight technology trends: PwC Yet even executives with a good understanding of disruption theory tend to forget some of its subtler aspects when making strategic decisions. The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional output is referred to as: c) sees the cost of adding new members as inconsequential. Chapter 2 CIS-243 Flashcards | Quizlet School librarians, bowling-league operators, and other small customers, priced out of the market, made do with carbon paper or mimeograph machines. Most of the elements of Ubers strategy seem to be sustaining innovations. Tesla Motors is a current and salient example. Chapter 3 College Essay - Flashcards with Answers, 7th Grade Writing STAAR Review, Week 1 - Flashcards, APUSH chapter 13-15 key terms - Flashcards, Free online plagiarism checker with percentage, a topic sentence that states the main or controlling idea, supporting sentences to explain and develop the point youre making, evidence from your reading or an example from the subject area that supports your point. Many products considered disruptive take years to be adopted by consumers or businesses, or are not adopted at all. Real tuition for online courses is falling, and accessibility and quality are improving. Too frequently, they use the term loosely to invoke the concept of innovation in support of whatever it is they wish to do. (See the exhibit The Disruptive Innovation Model.). (This is how disruption drives prices down in a market.). True Benchmarks are specific standards for business processes set by industry leaders. A high-speed network dedicated to storage that connects different kinds of storage devices, such as tape libraries and disk arrays so they can be shared by multiple servers, best describes: The main challenge coming to Microsoft's Office software suite will be: Web-based productivity software such as Google Apps. Will online education disrupt the incumbents model? Detecting and correcting data in a database or file that are incorrect, incomplete, improperly formatted, or redundant is called: Many applications today require databases that can store and retrieve multimedia. They are deploying competitive technologies, such as hailing apps, and contesting the legality of some of Ubers services. Specifically, as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. The first movers of a disruptive technology typically benefit the most from the technology; and it is rare that fast followers catch up quickly. ALPS. The challenges that arise from being an incumbent and an entrant simultaneously have yet to be fully specified; how best to meet those challenges is still to be discovered. BPM (business processes management) is considered concluded when the new processes are both implemented and accepted. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Quality control is seen as an end in itself in Six Sigma. TRUE The effect of the Internet has been to raise bargaining power over suppliers. Often these are simply miscategorized. Which of the following statements is not true about cloud computing? Blockchain, the technology behind Bitcoin, is a decentralized distributed ledger that records transactions between two parties. The problem with conflating a disruptive innovation with any breakthrough that changes an industrys competitive patterns is that different types of innovation require different strategic approaches. But Uber, true to its nature as a sustaining innovation, has focused on expanding its network and functionality in ways that make it better than traditional taxis. Unfortunately, the theory has also been widely misunderstood, and the disruptive label has been applied too carelessly anytime a market newcomer shakes up well-established incumbents. Instead, they should continue to strengthen relationships with core customers by investing in sustaining innovations. Many leaders of small, entrepreneurial companies praise it as their guiding star; so do many executives at large, well-established organizations, including Intel, Southern New Hampshire University, and Salesforce.com. The product that Apple debuted in 2007 was a sustaining innovation in the smartphone market: It targeted the same customers coveted by incumbents, and its initial success is likely explained by product superiority. It is most noteworthy in its use with cryptocurrencies and NFTs. Test Match Created by liuy11 Terms in this set (12) Which of the following can force a business and its competitors to compete on price alone? Which of the following best illustrates the relationship between entities and attributes? 10 Breakthrough Technologies 2021 by the Editors February 24, 2021 This list marks 20 years since we began compiling an annual selection of the year's most important technologies. A shoe manufacturer's use of information systems in selling custom, made-to-order shoes directly to customers. analysis of the implication/significance/impact of the evidence finished off with a critical conclusion you have drawn from the evidence. The idea driving synergies is that when the output of some units can be used as inputs to other units, the relationship can lower cost and generate profits. Entrepreneurs create new businesses, taking on all the risks and rewards of their company. Disrupters tend to focus on getting the business model, rather than merely the product, just right. market niche a) makes it easy for rivals to compete on price alone. a) For a consumer, quality means uniformity of the product. By postulating that there are two flavors of foothold markets in which disruptive innovation can begin, the theory has become more powerful and practicable. Which of the following is not a typical feature of DBMS? However, as new technologies allowed Netflix to shift to streaming video over the internet, the company did eventually become appealing to Blockbusters core customers, offering a wider selection of content with an all-you-can-watch, on-demand, low-price, high-quality, highly convenient approach. Lets consider Uber, the much-feted transportation company whose mobile application connects consumers who need rides with drivers who are willing to provide them. Once thats happened, they adopt the new product and happily accept its lower price. A third common mistake is to focus on the results achievedto claim that a company is disruptive by virtue of its success. In network economics, the value of a commercial software vendors software products: a) uses the capabilities of other companies without being physically tied to those companies. In fact, incumbents offerings often overshoot the performance requirements of the latter. In the value chain model, primary activities are most directly related to the production and distribution of the firm's products and services that create value for the customer. improving production precision reducing cycle time simplifying the production process improving products and services based on customer demand. 1. Businesses use ________ tools to search and analyze unstructured data sets, such as e-mails and memos. geography. . All of the following can be considered managerial responsibilities except: ________ is an operating system-independent, processor-independent, object-oriented programming language that has become a leading interactive programming environment for the Web. Chapter 3 - College Essay - Flashcards with Answers IS 3003 Chapter 3 Review Questions Flashcards | Quizlet But failing to respond effectively to the trajectory that Netflix was on led Blockbuster to collapse. Beyond Shanghai: The age of urbanization. HBR Learnings online leadership training helps you hone your skills with courses like Innovation and Creativity. Uber is clearly transforming the taxi business in the United States. A Digital music players B Vulcanized rubber tires C Portable computers D Liquid crystal displays E Compact discs 2-All the following are examples of facilities, except: A inventories. The reason for this correlation was not immediately evident, but one by one, the elements of the theory fell into place. Unfortunately, disruption theory is in danger of becoming a victim of its own success. This fund invests in a variety of innovative areas such as the internet of things, cloud computing, fintech, robotics, and artificial intelligence. The interactive, multiuser operating system developed by Bell Laboratories in 1969 to be highly supportive of communications and networking is: An information skill important for a marketing major would be: an understanding of product management enterprise systems. Common mistakes, the authors say, include failing to view disruption as a gradual process (which may lead incumbents to ignore significant threats) and blindly accepting the Disrupt or be disrupted mantra (which may lead incumbents to jeopardize their core business as they try to defend against disruptive competitors). The greatest barrier to changing business processes is ironically, management itself. A data ________ stores current and historical data of potential interest to decision makers throughout the company. And when new technology is developed, disruption theory does not dictate what managers should do. If disruption theory is correct, Teslas future holds either acquisition by a much larger incumbent or a years-long and hard-fought battle for market significance. Initially, the theory of disruptive innovation was simply a statement about correlation. This creates a danger: Managers may mix and match behaviors that are very likely inconsistent with one another and thus unlikely to yield the hoped-for result. They include: artificial intelligence (AI), augmented reality (AR), blockchain, drones, Internet of Things (IoT), robotics, 3D printing and virtual reality (VR). A micromultinational is a small firm operating on a global scale. A paragraph is a related group of sentences that develops one main idea. C) They are applied by technicians somewhat than managers. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. In certain cases, a failed response to a disruptive threat cannot be attributed to a lack of understanding, insufficient executive attention, or inadequate financial investment. A ________ is a collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively. Should Uber find ways to match or exceed incumbents performance levels without compromising its cost and price advantage, the company appears to be well positioned to move into the mainstream of the limo businessand it will have done so in classically disruptive fashion. Most every innovationdisruptive or notbegins life as a small-scale experiment. it helps firms expand in size. How are information systems used at the industry level to achieve strategic advantage? Definition 1 / 25 minicomputers Click the card to flip Flashcards Learn Test Match Created by jerad0420 Terms in this set (25) All of the following have been disruptive technologies except: minicomputers The reduction of errors to 3.4 defects per million opportunities is central to the concept of: six sigma Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. Complete substitution, if it comes at all, may take decades, because the incremental profit from staying with the old model for one more year trumps proposals to write off the assets in one stroke. Verified answer. HTML5 is the latest evolution of HTML, and is designed to make it much easier to embed third-party add-ons, such as Flash animations and streaming video, in web pages. The use of different terms for identifying data in a firm's various information systems is an example of redundant data. In other words, will online educations trajectory of improvement intersect with the needs of the mainstream market? The incumbents provide a de facto price umbrella, allowing many of the entrants to enjoy profitable growth within the foothold market. Either they will beat back the entrant by offering even better services or products at comparable prices, or one of them will acquire the entrant. O A. Drones B. Incumbent companies do need to respond to disruption if its occurring, but they should not overreact by dismantling a still-profitable business. Theres another troubling concern: In our experience, too many people who speak of disruption have not read a serious book or article on the subject. According to the theory, the answer is no. According to Porter's competitive forces model, what are the five competitive forces that shape the fate of the firm? The disruptive effect drives every competitorincumbent and entrantupmarket. In client/server computing, the client is: the computer that acts as the user point of entry. All of the Following Have Been Disruptive Technologies Except Get link; Facebook; Twitter; Pinterest; Email; Other Apps - . Hyperledger: Open-Source Blockchain Framework and Standards, Entrepreneur: What It Means to Be One and How to Get Started, Disruptive Technologies: Catching the Wave, The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Over the yearsindeed, over more than 100 yearsnew kinds of institutions with different initial charters have been created to address the needs of various population segments, including nonconsumers. Walmarts continuous replenishment system allows it to: b) provide an efficient customer response system. Today, the Essential Eight continue to evolve and make their mark with the pandemic accelerating emerging tech adoption. It moves transactions from a centralized server-based system to a transparent cryptographic network. All of the next have been disruptive technologies except. But there is cause for hope: Empirical tests show that using disruptive theory makes us measurably and significantly more accurate in our predictions of which fledgling businesses will succeed. Hyperledger is an open-source umbrella project that offers tools for developing and using blockchain systems and applications across industry sectors. In a ________ system configuration, separate information systems are designed and managed by each foreign unit. In this article, the architect of disruption theory, Clayton M. Christensen, and his coauthors correct some of the misinformation, describe how the thinking on the subject has evolved, and discuss the utility of the theory. Internet advertising is growing at a rate of more than 30 percent a year. c) A PC manufacturers use of information systems to facilitate direct access from suppliers to production schedules. This provides an opening for disruptive businesses to target overlooked customer segments and gain an industry presence. All of the following statements are true about information technology's impact on business firms except. Data cleansing is the same process as data scrubbing. A firm can be said to have competitive advantage when it has higher stock market valuations than its competitors. A firm's information policy lays out who is responsible for updating and maintaining the information in a database system. Harvard Business School Press, 1997. Harvard Business Review. Business process reengineering is the radical redesign of business processes. It turns out, however, that the same forces leading incumbents to ignore early-stage disruptions also compel disrupters ultimately to disrupt. is a pyramid structure of rising authority and responsibility. Over time, the theorys usefulness will be undermined. Firms that invent disruptive technologies as first movers always become market leaders. The type of logical database model that treats data as if they were stored in two dimensional tables is the: A physical view shows data as it is organized on the storage media. Other companies may take a more risk-averse position and adopt an innovation only after seeing how it performs for others. b) A shoe manufacturers use of information systems in selling custom, made-to-order shoes directly to customers. This lower price imposes some compromises, as UberSELECT currently does not include one defining feature of the leading incumbents in this market: acceptance of advance reservations. can boost server utilization rates to 70% or higher. compares the efficiency and effectiveness of your business processes against strict standards. One of the most frequent errors in problem solving is: Verizon's implementation of a Web-based digital dashboard to provide managers with real-time information, such as customer complaints, is an example of: combines relational tables to provide the user with more information than is otherwise available. Then we point out some common pitfalls in the theorys application, how these arise, and why correctly using the theory matters. When mainstream customers start adopting the entrants offerings in volume, disruption has occurred. And as is typical when incumbents face threats from sustaining innovations, many of the taxi companies are motivated to respond. Which of the following illustrates the use of information systems to focus on market niche? All of the following are considered disruptive technologies except. Which of the following marketplace forces would be of least concern to a manufacturer of deep- sea oil rigs? If Netflix (like Uber) had begun by launching a service targeted at a larger competitors core market, Blockbusters response would very likely have been a vigorous and perhaps successful counterattack. In cloud computing, rapid elasticity refers to the ability of computing resources to be quickly altered to meet demand. This opens the door to a disrupter focused (at first) on providing those low-end customers with a good enough product.
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