It is accepted that Digital Transformation (DT) opens up for the industry for revenue growth by using appropriately the digital technology. In reality what does these sophisticated technologies help gaining (select the appropriate one ) the most needed.Select one:a. Acquiring the cutting edge of technologyb. Information securityc. Optimization of operationsd. Help develop new product and services meeting customer need
Question
It is accepted that Digital Transformation (DT) opens up for the industry for revenue growth by using appropriately the digital technology. In reality what does these sophisticated technologies help gaining (select the appropriate one ) the most needed.Select one:a. Acquiring the cutting edge of technologyb. Information securityc. Optimization of operationsd. Help develop new product and services meeting customer need
Solution
The most appropriate answer would be c. Optimization of operations. Digital Transformation primarily helps in streamlining and optimizing operations, making them more efficient and effective. This, in turn, can lead to revenue growth. While it can also help in acquiring the latest technology, ensuring information security, and developing new products and services, the primary benefit is seen in the optimization of operations.
Similar Questions
Digital transformation (DT) is shown by many authors placed on the top of Triangle , indicating it is based on Digitization and Digitalization. You may indicated from the list below which one shows the significant excellence of DT over Digitization and Digitalization .Select one:a. seeking continuous excellence of the processes and serviceb. Integration of latest IT technologies in all areas of Businessc. Aims at providing value to the Customerd. a Cultural change is also in demand for proper operation of DT
The Main Driver of Digital Transformation (DT) is the advancement of Digital Technology. Please indicate from the Choices below , the one which is significant for the preference by business leaders to opt for DT.Select one:a. Better experience on Customer centric issuesb. Assured Increased Productivity and profitc. Operational efficiencyd. Data Driven decision making
Which of the following refers to enabling or improving processes by leveraging digital technologies and digitised data?DigitalisationDigital TransformationDigitisation
Which item describes a goal of an organization seeking digital transformation?Reduce emissions by using faster networks in their on-premises workloads.Streamline their hardware procurement process to forecast at least a quarter into the future.Break down data silos and generate real time insights.Ensure better security by decoupling teams and their data.
with related literature, discuss the Relationship between Digital Transformation and Sales Performance in detail with the latest references.
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