Save & Exit Su Saved Help Strategy Implementation (due D.. riALIUINII SL aleyy In the digital age, platforms are business model innovations that use technology (such as the internet, cloud computing, etc.) to connect organizations, resources, Information, and people in an interactive ecosystem where value-generating transactions can be created and exchanged. This activity is important because it highlights how some platform business models have achieved competitive advantage. The goal of this exercise is to identify the advantages of platform business models. Read again the definition of the platform business model in the overview. Then complete each statement with the term that correctly defines each platform strategy advantage. Note: Not all terms are used. value creation ADVANTAGES TO PLATFORM BUSINESS MODELS outperform Platform businesses tend to frequently pipeline businesses competition management Platforms scale more efficiently than pipelines by eliminating feedback Platform businesses digital technology can grow much faster Oeveloping producers Platforms unlock new sources of and supply Feedback loops from consumers to the atow platforms to fine-tune their offerings and to benefit from big data analytics Leveraging bank Pro 1 2 of 11 Next >