Practice Understanding Digital Transformation (28.1) - Digital Transformation and Financial Technology (FinTech)
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Understanding Digital Transformation

Practice - Understanding Digital Transformation

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is digital transformation?

💡 Hint: Think about how companies are using technology to change.

Question 2 Easy

Name one key driver of digital transformation.

💡 Hint: Consider the technologies that impact businesses today.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does digital transformation fundamentally change?

Product design
Employee roles
Business operations
Market share

💡 Hint: Think about the core aspects of a business.

Question 2

Is enhanced customer experience an implication of digital transformation?

True
False

💡 Hint: Consider how businesses aim to please their customers.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Design a digital transformation strategy for a local bakery wanting to expand its market reach. What key technologies would you leverage?

💡 Hint: Consider customer engagement and operational efficiency.

Challenge 2 Hard

Critically assess the risks of failing to undergo digital transformation in a banking institution.

💡 Hint: Think about competition and user needs in today's market.

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Reference links

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