Management of Technology and Innovation
50 questions available
Questions
What is the definition of organizational technology as described in the chapter?
View answer and explanationAccording to the text, which of the following is NOT one of the '5 Cs' of innovation management?
View answer and explanationWhat is the term for an organization's logic of how technology will be used and what role it will have, such as deciding between a first-to-market or a follow-up strategy?
View answer and explanationWhat is the primary advantage of using an external process, like a merger or acquisition, for technological innovation?
View answer and explanationWhich type of external innovation process involves a long-term alliance creating a new entity to carry out a specific product or process innovation, governed by a contractual relationship?
View answer and explanationWhat is the most common type of internal process for technology and innovation within an organization?
View answer and explanationIn the context of MTI, what are the two key questions that a firm's value proposition must answer for an entrepreneurial venture?
View answer and explanationWhich term describes knowledge that emerges from an individual's experience and is difficult to codify or write down?
View answer and explanationWhat is defined as the process of seeking or accepting influence, and is considered the mirror image of leadership?
View answer and explanationWhich of the following is NOT listed as a characteristic of a good follower?
View answer and explanationIn what year did Acer acquire 29.9 percent of Olidata?
View answer and explanationAccording to the chapter, what was the primary reason for Kodak's bankruptcy?
View answer and explanationWhich of the following is NOT one of the three basic organizational processes for creating new technologies and innovations?
View answer and explanationWhat company is mentioned as having a policy of allowing employees time to work on their own innovative projects, which led to products like Google News?
View answer and explanationAccording to the chapter, under what circumstances are entrepreneurial activities that use a lean start-up process most successful?
View answer and explanationWhat is the term for the tendency of organizations to continue on their current trajectory, often by focusing on their current market and failing to innovate?
View answer and explanationWhat is NOT listed as a key component of an agile firm's strategy for managing technology and innovation in a dynamic environment?
View answer and explanationWhat percentage of Dolby Laboratories' revenues came from licensing its technology rather than producing competing products?
View answer and explanationWhich of the following is identified as a disadvantage of internal R&D processes?
View answer and explanationIn the opening case, when did Acer spin off its manufacturing operation to create Wistron Corp.?
View answer and explanationWhat is a key difference between leadership and followship as described in the chapter?
View answer and explanationWhich of the following is NOT one of the three key questions that managers of technology and innovation must answer to keep pace with the future?
View answer and explanationWhat is the primary disadvantage of new business/entrepreneurship as a method for innovation?
View answer and explanationThe case of Henry Bessemer's steel-making process, where he could not codify his method for others but knew it from experience, is used to illustrate what concept?
View answer and explanationA BCG study on innovation found that to reach its potential, gender diversity needs to go beyond tokenism, with innovation performance only increasing significantly when the workforce included more than what percentage of women in management?
View answer and explanationWhat term describes the implementation of new ventures and idea generation in organizations?
View answer and explanationWhich of the following is NOT one of the six critical areas that affect society and business and require good management of technology and innovation?
View answer and explanationIn the opening case about Acer, what year did the company, then called Multitech, design Taiwan's first mass-produced computer product?
View answer and explanationWhen is it most appropriate for a firm to use external processes for acquiring innovation?
View answer and explanationIn the case study about Guidance Software, what was their pioneering digital forensics tool called?
View answer and explanationWhich company, in addition to Google, is cited as allowing employees time during the workweek to develop their own ideas, leading to the creation of Post-it Notes?
View answer and explanationWhich of the following is NOT a limitation of forecasting mentioned in the chapter?
View answer and explanationWhat does the key term 'organizational learning' refer to?
View answer and explanationThe process of taking an innovation or technology and trying to build more value by looking for ways to use it in different markets and places is known as what?
View answer and explanationWhat is the term for a promise by a company to a customer or market segment?
View answer and explanationIn the Acer case study, which acquisition was key to their entrance into the smartphone market with the F900 and M900 models?
View answer and explanationWhat is the primary reason that a diverse team tends to be better at decision-making and problem-solving, according to a study in the Journal of Personality and Social Psychology?
View answer and explanationWhich of these is NOT a skill that individuals within a firm need to enhance the management of technology and innovation processes?
View answer and explanationWhat term from the key list refers to the 'branch of knowledge that deals with the creation and use of technical means and the application of this knowledge for practical ends'?
View answer and explanationWhat is a major disadvantage of using mergers and acquisitions (M&A) for innovation?
View answer and explanationIn what year did Acer sign a reciprocal patent licensing agreement with IBM, Intel, and Texas Instruments?
View answer and explanationWhich of the following describes the key term 'strategic drift'?
View answer and explanationThe text uses the case of Michael Dell starting his computer company in his dormitory room as an example of which innovation process?
View answer and explanationAccording to the case study on Guidance Software, their technology was NOT used in which of the following high-profile cases?
View answer and explanationWhat is described as an advantage of the New Business/Entrepreneurship method of innovation?
View answer and explanationIn the Acer case study, which product launched in 2008 was described as the company's first mobile Internet device?
View answer and explanationWhen discussing the need for agility, the text gives an example of a change management failure when desktop computers were first introduced. What was NOT one of the reasons listed for this failure?
View answer and explanationAccording to a 2015 McKinsey report, companies in the top quartile for gender diversity were what percentage more likely to have financial returns above their industry mean?
View answer and explanationIn the context of the '5 Cs' of innovation, what company is used as an example of failing to change due to its focus on mainframes while desktops and laptops were emerging?
View answer and explanationWhat is a major disadvantage of using a franchise agreement for innovation?
View answer and explanation