e-business quizzes
How important is "community" at Etsy? Name some of Etsy's community-building features and describe how they help the company grow (see https://community.etsy.com/).
"Community" at Etsy is extremely important. As stated on the Etsy website, "Community is at the heart of all we do at Etsy". Some of Etsy's community-building features include forums, direct messages, and teams. Forums help the community grow because "sellers can gather with other sellers to discuss their Etsy businesses". Direct messages allow Etsy users to communicate directly to one another and can be accessed through the community spaces. Lastly, teams helps you grow your business by connecting with other Etsy sellers that have common interests, are close to you, or sell things that you like. All of these features help the community grow by interconnecting Etsy users and sellers.
according to the reading, the cost leadership strategy is risky for sharing economy companies. what is a cot leadership strategy?
A strategy of offering the lowest price for products or services
All of the following were the risks Netflix faced when it chose to adopt AWS cloud, except:
AWS was a part of Amazon Prime, a direct competitor of Netflix.
Which of the following concerns made Netflix consider adopting cloud infrastructure in 2008?
Availability
What kind of value does DogVacay create for users?
Both experiential and social
Netflix wanted to scale its IT to how many _____ it has.
Customers
What kind of value does Turo create for users?
Experiential
When Netflix started to migrate to AWS cloud, which part of its IT was moved to the cloud first?
Front end (e.g. web pages and APIs)
If Turo decides to regulate the activities of power hosts, what should Turo do?
If Turo decides to regulate the activities of power hosts, it should put a limit on the number of times a host can rent their car per week or per month. Turo could also not allow hosts to have a high number of cars that they rent out to people.
Why is it important for DogVacay to create a community? How does the community help DogVacay grow?
It is important for DogVacay to create a community so that people will become comfortable with this service and have trust in leaving their dog with someone else. The community helps DogVacay grow because as relationships form between the pet owners and the pet sitters the business becomes more popular and will lead DogVacay to be able to expand its services.
What is the business model of Etsy?
Market creator
Netflix used an "all-in" approach to move its business to AWS cloud. What does the "all-in" approach mean?
Netflix ran everything on cloud without operating its own datacenters.
There are some power hosts that own many cars and rent them out using Turo. Basically, these power hosts are running a mini car rental business on the Turo's platform. Does the company see it as a problem?
No
What is the revenue model of Feed.?
Sales revenue model
What is the revenue model of Etsy?
Transaction fee revenue model
The reading noted that companies should leverage users to differentiate their businesses (p. 153). How does Uber leverage users for its differentiation strategy?
Uber leverages users for its differentiate strategy through technology that allows it to discover new and/or better ways to do provide service. Uber collects data on its users and it uses data mining techniques on the data it collects which allows Uber to "uncover unused capacity and to expand its business".
Which differentiation strategy does DogVacay adopt?
User experience differentiation
Which differentiation strategy does Turo adopt?
User experience differentiation
what kind of value does uber create
functional
which of the following is NOT an example of how BlaBlaCar adopts the user experience differentiation strategy
investing in new IT systems to decrease the waiting time
which differentiation strategy does uber adopt
technology differentiation
Are the services offered by DogVacay standardized?
to some extent