Question 1

Disruption describes an event or trend which unsettles…

Accepted Answer

A)  Stable competitive or operating conditions 
B)  Stable political conditions 
C)  Stable cash flow 
D)  Stable resource stocks 
A)  Stable competitive or operating conditions 
B)  Stable political conditions 
C)  Stable cash flow 
D)  Stable resource stocks A

Question 2

The last phase in Rogers' innovation diffusion curve is termed late adopters

Accepted Answer

A) True 
 B)False  True

Question 3

If an organization is described as having innovation capability, this broadly means it has sufficiently knowledgeable staff.

Accepted Answer

A) True 
 B)False  True

Question 4

Architectural innovation is characterized as:

Accepted Answer

A)  Reconfiguration of an established system 
B)  Reconfiguration of an established product 
C)  Reconfiguration of resource bundles 
D)  Reconfiguration of the design team 
A)  Reconfiguration of an established system 
B)  Reconfiguration of an established product 
C)  Reconfiguration of resource bundles 
D)  Reconfiguration of the design team

Question 5

The term 'blue ocean strategy' was coined by Kim and Mauborgne (2004) as a metaphor for…

Accepted Answer

A)  Uncontested market space 
B)  Uncontested market share 
C)  Uncontested market value 
D)  Uncontested market segments 
A)  Uncontested market space 
B)  Uncontested market share 
C)  Uncontested market value 
D)  Uncontested market segments

Question 6

In digital innovation, data offence strategy includes:

Accepted Answer

A)  Monetize company data (sell as a product or service) 
B)  Obtain competitor data 
C)  Obtain full market data 
D)  Exploit historic customer data 
A)  Monetize company data (sell as a product or service) 
B)  Obtain competitor data 
C)  Obtain full market data 
D)  Exploit historic customer data

Question 7

Which of the following two factors influence the speed and scale of diffusion of innovation?

Accepted Answer

A)  Relative advantage 
B)  Trialability 
C)  Similarity 
D)  Obscurity 
A)  Relative advantage 
B)  Trialability 
C)  Similarity 
D)  Obscurity

Question 8

Which two of the following describe characteristics of radical innovation?

Accepted Answer

A)  Highly revolutionary 
B)  Competence destroying 
C)  Reputation enhancing 
D)  Resource exploiting 
A)  Highly revolutionary 
B)  Competence destroying 
C)  Reputation enhancing 
D)  Resource exploiting

Question 9

Creativity and innovation are separate concepts, and it is true to say that:

Accepted Answer

A)  Creativity underpins innovation 
B)  Innovation underpins creativity 
C)  Creativity and innovation are symbiotic 
D)  Innovation and creativity are sourced from different departments 
A)  Creativity underpins innovation 
B)  Innovation underpins creativity 
C)  Creativity and innovation are symbiotic 
D)  Innovation and creativity are sourced from different departments

Question 10

Modular innovation is characterized by:

Accepted Answer

A)  Unchanged product architecture 
B)  Changed product architecture 
C)  Redesigned base architecture 
D)  Reconfigured product architecture 
A)  Unchanged product architecture 
B)  Changed product architecture 
C)  Redesigned base architecture 
D)  Reconfigured product architecture

Disruption describes an event or trend which unsettles…

The last phase in Rogers' innovation diffusion curve is termed late adopters

If an organization is described as having innovation capability, this broadly means it has sufficiently knowledgeable staff.

Architectural innovation is characterized as:

The term 'blue ocean strategy' was coined by Kim and Mauborgne (2004) as a metaphor for…

In digital innovation, data offence strategy includes:

Which of the following two factors influence the speed and scale of diffusion of innovation?

Which two of the following describe characteristics of radical innovation?

Creativity and innovation are separate concepts, and it is true to say that:

Modular innovation is characterized by:

Interpreting Strategy

A Process-Practice Model of Strategy

Strategic Decision Making in Organizations

Strategic Organization: Purpose, Values, and Culture

External Environment: Macro, Industry, and Competitive Settings

Internal Environment: Resources, Capabilities, and Activities

Corporate Strategy and Structure

Strategies for Achieving Competitive Advantage

Functional Strategy and Performance

Strategies for Growth

Competing in a Globalized World

Sustainability and Strategy

Leading Strategic Change

Designing Effective Strategy Activities

Strategy-In-Practice: Learning, Reflecting, Thinking

Filters

Exam 11: Innovation, Disruption, and Digitalization

Disruption describes an event or trend which unsettles…

The last phase in Rogers' innovation diffusion curve is termed late adopters

If an organization is described as having innovation capability, this broadly means it has sufficiently knowledgeable staff.

Architectural innovation is characterized as:

The term 'blue ocean strategy' was coined by Kim and Mauborgne (2004) as a metaphor for…

In digital innovation, data offence strategy includes:

Which of the following two factors influence the speed and scale of diffusion of innovation?

Which two of the following describe characteristics of radical innovation?

Creativity and innovation are separate concepts, and it is true to say that:

Modular innovation is characterized by:

Interpreting Strategy

A Process-Practice Model of Strategy

Strategic Decision Making in Organizations

Strategic Organization: Purpose, Values, and Culture

External Environment: Macro, Industry, and Competitive Settings

Internal Environment: Resources, Capabilities, and Activities

Corporate Strategy and Structure

Strategies for Achieving Competitive Advantage

Functional Strategy and Performance

Strategies for Growth

Competing in a Globalized World

Sustainability and Strategy

Leading Strategic Change

Designing Effective Strategy Activities

Strategy-In-Practice: Learning, Reflecting, Thinking

Filters