Question: Base your answers on Philip Evans ted talk How Data will Transform Business EXPLAIN your answers for an upvote. We learn from Philip Evans in

Base your answers on Philip Evans ted talk "How Data will Transform Business EXPLAIN your answers for an upvote.

We learn from Philip Evans in his Ted Talk How Data will Transform Business that advances in communication and the abundance of data and the accessibility of data will have a profound affect on the organization of businesses.

True

False

We learn from Philip Evans in his Ted Talk How Data will Transform Business that the availability of massive amounts of data in real time and the ability to process this data into useful patterns will further breakdown pieces of the value chain that hold vertically integrated businesses together in their current form.

True

False

We learn from Philip Evans in his Ted Talk How Data will Transform Business that the dramatic decline in the cost of communication and information processing are a dramatic decline in the transaction costs that sustain value chains in a business.

True

False

We learn from Philip Evans in his Ted Talk How Data will Transform Business that complex businesses are composed of complex value chains and these relationships across pieces of the chain reduce transaction costs.

True

False

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