MCQ (select one question which applies)

1. Which sentence best describes the concept of leapfrogging?

A. Leapfrogging is the notion that areas which have poorly developed technology or economic bases can move themselves forward rapidly through the adoption of modern systems without going through intermediary steps

B. Passing over the need for a country to invest in low-value manufacturing.

C. The main idea behind the concept of leapfrogging is that small and incremental innovations lead the dominant firm to stay ahead

D . Catching up through a sequential process of investment in skills, production capacity, and design technologies.

2. Talking about the decline of traditional manufacturing, which of the options below is NOT among the reasons listed for why manufacturing is becoming increasingly competitive?

A. Access to new data

B. High reliance on labor

C. New standards for innovation

D. Increased globalization

3. Which one of the options below is NOT belong to the basic operational roadblocks of traditional finance in the modern context?

A. Slow processes

B. Limitation on availibale hours due to requiring physical presence

C . Well integrated into online life

D.Operation Expense

3. China's low score on the "Uncertainty Avoidance" dimension on Hostede's Cultural Dimensions explains which characteristic about Chinese society, that has helped it develop its digital economy? "Chinese society is characterized by.

A. restraint, meaning they are unlikely to accept big changes.

B. an acceptance of change and of taking risks.

C. an unwillingness to take risks

D. an acceptance of hierarchy

4. Which of these two options explain same-side network effect?

A . strength of one side has a positive impact on the growth of the network

B. the direct increase in value to users of, one side of a network by the addition of users to another side.

6. Which product would be a good example of cross-side effect?

A. Microsoft Office

B. Telephones _

C. Zoom _

D. Uber _