Question 1

Describe the key activities necessary for alignment.

Accepted Answer

. build fit
.tie rew

Question 2

Which one of these is NOT one of the three key implementation questions to be asked in the innovation implementation process?

Accepted Answer

A)  What should we be doing now/later? 
B)  What is the cost to benefit ratio? 
C)  What activities require most time/skills? 
D)  What should be delegated and to whom? 
E)  None of these are key implementation questions 
A)  What should we be doing now/later? 
B)  What is the cost to benefit ratio? 
C)  What activities require most time/skills? 
D)  What should be delegated and to whom? 
E)  None of these are key implementation questions

Question 3

The purpose of an innovative strategy is to create and effectively utilize new products and processes.

Accepted Answer

A) True 
 B)False

Question 4

Key actions that help to generate extensions of innovation include all of the following except:

Accepted Answer

A)  Shared lessons within the organization 
B)  Monitor competencies 
C)  Look for new opportunities 
D)  Cut costs in current processes 
E)  All of these are key actions 
A)  Shared lessons within the organization 
B)  Monitor competencies 
C)  Look for new opportunities 
D)  Cut costs in current processes 
E)  All of these are key actions

Question 5

Extension occurs when product and market competencies are understood sufficiently so that ideas lead to action.

Accepted Answer

A) True 
 B)False

Question 6

A useful analogy for a portfolio of innovative projects is:

Accepted Answer

A)  the "bench" of a football team -how deep does the potentially successful innovations go 
B)  an ecosystem 
C)  a family and its ability to function and support each other 
D)  the stock market - the best survive and the market determines what is best 
E)  a couple and its children are its innovations 
A)  the "bench" of a football team -how deep does the potentially successful innovations go 
B)  an ecosystem 
C)  a family and its ability to function and support each other 
D)  the stock market - the best survive and the market determines what is best 
E)  a couple and its children are its innovations

Question 7

Benchmarking involves the:

Accepted Answer

A)  building a bench or portfolio of new products that can be introduced to market 
B)  building a bench or portfolio of innovations that the firm pursues consecutively 
C)  comparing the "best" firms in any domain to a given firm's performance and processes in that domain 
D)  comparing your firm's performance and processes in a given domain to the industry average in that domain 
E)  determining how the firms with the largest sales in a given domain conduct their activities in a given domain 
A)  building a bench or portfolio of new products that can be introduced to market 
B)  building a bench or portfolio of innovations that the firm pursues consecutively 
C)  comparing the "best" firms in any domain to a given firm's performance and processes in that domain 
D)  comparing your firm's performance and processes in a given domain to the industry average in that domain 
E)  determining how the firms with the largest sales in a given domain conduct their activities in a given domain

Question 8

All of the following are what firm needs to consider as it seeks to build fit except:

Accepted Answer

A)  focus building the group within the department or division 
B)  seek to reduce barriers between departments 
C)  ensure that the information on competitors is current and central to the implementation effort since they shape a firm's success 
D)  gather information from customers and consumers 
E)  recognize that the importance of external concerns will depend on the nature of the firm's industry 
A)  focus building the group within the department or division 
B)  seek to reduce barriers between departments 
C)  ensure that the information on competitors is current and central to the implementation effort since they shape a firm's success 
D)  gather information from customers and consumers 
E)  recognize that the importance of external concerns will depend on the nature of the firm's industry

Question 9

Hypercompetition focuses on the belief that:

Accepted Answer

A)  organizations build up over time excess processes that no longer provide value to the customer 
B)  rapid change and intense competition exist in certain industries 
C)  a firm's profitability is determined by its industry 
D)  a nation's competitiveness is based on more than factors of production 
E)  a firm's competitive advantage comes from internal resources that the firm develops over time 
A)  organizations build up over time excess processes that no longer provide value to the customer 
B)  rapid change and intense competition exist in certain industries 
C)  a firm's profitability is determined by its industry 
D)  a nation's competitiveness is based on more than factors of production 
E)  a firm's competitive advantage comes from internal resources that the firm develops over time

Question 10

What are the key concerns when trying to determine if the firm is truly tying rewards and incentives to innovation?

Accepted Answer

. What happens to mavericks in

Question 11

When a firm develops technology that leapfrogs the firm:

Accepted Answer

A)  Obtains venture capital financing 
B)  Skips over an existing generation of products 
C)  Leaps in market value significantly 
D)  Is guaranteed a profitable market entry 
E)  Has a smooth but fast path towards full market penetration 
A)  Obtains venture capital financing 
B)  Skips over an existing generation of products 
C)  Leaps in market value significantly 
D)  Is guaranteed a profitable market entry 
E)  Has a smooth but fast path towards full market penetration

Question 12

In an innovative company, the external groups are most important because they allow interaction and idea exchange.

Accepted Answer

A) True 
 B)False

Question 13

The law of diminishing returns is discussed in Chapter 4 in terms of:

Accepted Answer

A)  the level of investment necessary to bring an investment to market 
B)  the ability of an industry to shape returns of a firm 
C)  how complementary products shape the returns of a firm 
D)  the power of a firm to shape competition in that industry 
E)  the need to avoid analysis by paralysis 
A)  the level of investment necessary to bring an investment to market 
B)  the ability of an industry to shape returns of a firm 
C)  how complementary products shape the returns of a firm 
D)  the power of a firm to shape competition in that industry 
E)  the need to avoid analysis by paralysis

Question 14

Which is not one of the four critical elements to implementing innovation as a strategy in the organization?

Accepted Answer

A)  Opportunity 
B)  Leadership 
C)  Extension 
D)  Alignment 
E)  Engagement 
A)  Opportunity 
B)  Leadership 
C)  Extension 
D)  Alignment 
E)  Engagement

Question 15

What are the three key action that help generate extensions during innovation implementation?

Accepted Answer

.Knowledge sharing within the

Question 16

For successful innovation implementation leaders need to ensure:

Accepted Answer

A)  a clear identification of those financial goals that will drive the firm 
B)  that there are strong accounting and financial sectors of the firm to ensure that funding is strictly accounted for 
C)  that there is a culture of collaboration and cross functional initiatives 
D)  that perform measures are strictly used 
E)  those members of the leadership team that do not support the goals are replaced 
A)  a clear identification of those financial goals that will drive the firm 
B)  that there are strong accounting and financial sectors of the firm to ensure that funding is strictly accounted for 
C)  that there is a culture of collaboration and cross functional initiatives 
D)  that perform measures are strictly used 
E)  those members of the leadership team that do not support the goals are replaced

Question 17

Describe the main elements of diffusion.

Accepted Answer

. a new idea or innovation
. information

Question 18

Diffusion is concerned with:

Accepted Answer

A)  market penetration by a new product. 
B)  information sharing in an organization 
C)  common culture development in a multi-national firm 
D)  joint ventures and the blending of cultures 
E)  joint ventures and the level of support for a new product 
A)  market penetration by a new product. 
B)  information sharing in an organization 
C)  common culture development in a multi-national firm 
D)  joint ventures and the blending of cultures 
E)  joint ventures and the level of support for a new product

Question 19

____ is pivotal in determining engagement by employees in the innovation implementation process.

Accepted Answer

A)  Employee compensation 
B)  Status of leaders 
C)  Rank of leaders 
D)  Organizational culture 
E)  Goals of organization 
A)  Employee compensation 
B)  Status of leaders 
C)  Rank of leaders 
D)  Organizational culture 
E)  Goals of organization

Question 20

The pitfalls for innovation to avoid include all of the following except:

Accepted Answer

A)  applying the process too narrowly 
B)  overlooking people processes 
C)  being too confident of your ability to lead the process 
D)  relying on technology to fix all systems problems 
E)  avoiding the elimination of processes and people 
A)  applying the process too narrowly 
B)  overlooking people processes 
C)  being too confident of your ability to lead the process 
D)  relying on technology to fix all systems problems 
E)  avoiding the elimination of processes and people

Describe the key activities necessary for alignment.

Which one of these is NOT one of the three key implementation questions to be asked in the innovation implementation process?

The purpose of an innovative strategy is to create and effectively utilize new products and processes.

Key actions that help to generate extensions of innovation include all of the following except:

Extension occurs when product and market competencies are understood sufficiently so that ideas lead to action.

A useful analogy for a portfolio of innovative projects is:

Benchmarking involves the:

All of the following are what firm needs to consider as it seeks to build fit except:

Hypercompetition focuses on the belief that:

What are the key concerns when trying to determine if the firm is truly tying rewards and incentives to innovation?

When a firm develops technology that leapfrogs the firm:

In an innovative company, the external groups are most important because they allow interaction and idea exchange.

The law of diminishing returns is discussed in Chapter 4 in terms of:

Which is not one of the four critical elements to implementing innovation as a strategy in the organization?

What are the three key action that help generate extensions during innovation implementation?

For successful innovation implementation leaders need to ensure:

Describe the main elements of diffusion.

Diffusion is concerned with:

____ is pivotal in determining engagement by employees in the innovation implementation process.

The pitfalls for innovation to avoid include all of the following except:

Management of Technology and Innovation: an Overview

Strategy Process and the Management of Technology and Innovation

Innovation: Planning

Innovation: Evaluation and Control

Obtaining Technology: Planning

Obtaining Technology: Implementation

Obtaining Technology: Evaluation and Control

Building Capabilities for Mti Success

Organizational Learning and Knowledge Management

Appendix 1: Social Responsibility and the Management of Technology and Innovation

Appendix 2: Innovation: Project Management and New Product Development

Appendix 3: Managing Platforms and Portfolios of Technology

Appendix 4: Waves of Innovation and Predicting the Future

Filters

Exam 4: Internal Innovation: Implementation

Describe the key activities necessary for alignment.

Which one of these is NOT one of the three key implementation questions to be asked in the innovation implementation process?

The purpose of an innovative strategy is to create and effectively utilize new products and processes.

Key actions that help to generate extensions of innovation include all of the following except:

Extension occurs when product and market competencies are understood sufficiently so that ideas lead to action.

A useful analogy for a portfolio of innovative projects is:

Benchmarking involves the:

All of the following are what firm needs to consider as it seeks to build fit except:

Hypercompetition focuses on the belief that:

What are the key concerns when trying to determine if the firm is truly tying rewards and incentives to innovation?

When a firm develops technology that leapfrogs the firm:

In an innovative company, the external groups are most important because they allow interaction and idea exchange.

The law of diminishing returns is discussed in Chapter 4 in terms of:

Which is not one of the four critical elements to implementing innovation as a strategy in the organization?

What are the three key action that help generate extensions during innovation implementation?

For successful innovation implementation leaders need to ensure:

Describe the main elements of diffusion.

Diffusion is concerned with:

____ is pivotal in determining engagement by employees in the innovation implementation process.

The pitfalls for innovation to avoid include all of the following except:

Management of Technology and Innovation: an Overview

Strategy Process and the Management of Technology and Innovation

Innovation: Planning

Innovation: Evaluation and Control

Obtaining Technology: Planning

Obtaining Technology: Implementation

Obtaining Technology: Evaluation and Control

Building Capabilities for Mti Success

Organizational Learning and Knowledge Management

Appendix 1: Social Responsibility and the Management of Technology and Innovation

Appendix 2: Innovation: Project Management and New Product Development

Appendix 3: Managing Platforms and Portfolios of Technology

Appendix 4: Waves of Innovation and Predicting the Future

Filters