Midterm Flashcards
(13 cards)
What are key challenges solved by RPA?
Poor integration, high costs, manual tasks, complex UI.
What are non-quantifiable benefits of RPA?
Culture of innovation, compliance, job satisfaction.
What are Netflix’s key revenue streams?
Subscriptions and ad sales.
What is disruptive innovation?
Technology that starts low-end or in new markets and moves upmarket.
What mistake did US Steel make?
Focused on marginal cost, ignored long-term disruption.
What is the RPV Framework?
Resources, Processes, Values - explains innovation limits.
Difference between sustaining and disruptive innovation?
Sustaining: better for current users; Disruptive: simpler, new or underserved market.
What makes a good GenAI prompt?
Role + Context + Domain-specific terms.
What is NLG used for?
Turning data/statistics into written narratives.
Why isn’t Uber a disruptor?
Did not target new/underserved customers; competed head-on.
What is the Jobs to Be Done theory?
Understand why customers ‘hire’ a product.
What are examples of incumbent moats?
Momentum, tech implementation, ecosystem, business model.
What is an extendable core?
A disruptor’s advantage that scales upmarket (e.g., Netflix streaming infra).