Exam 1: Management of Technology and Innovation: an Overview

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It was found in the state of Washington that labor income in technology based industries was ____ percent more than the state's average.

(Multiple Choice)
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Without the tools of management, the benefits of technology and innovation cannot be fully realized.

(True/False)
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Innovation is only the invention of a new product or process.

(True/False)
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The task force on Management of Technology listed 5 specific reasons why individuals and organizations should be concerned about the management of technology. Which of these is NOT one of the five reasons provided?

(Multiple Choice)
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The management of innovation requires firms to encourage risk-taking.

(True/False)
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Delbecq's and Mills' characteristics of a firm that manages innovation well does NOT include which of the following:

(Multiple Choice)
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What are some of the pros and cons of the introduction of cellular phones into the business environment, and how have managers minimized the cons?

(Essay)
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The four individual characteristics that enhance innovation include all of the following except:

(Multiple Choice)
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Managing innovation is a cross-discipline activity.

(True/False)
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When fostering the correct environment for innovation one thing a manager should do is separate funds for innovation.

(True/False)
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There are several definitions of technology in the text; all the definitions have some common elements. Each definition implies:

(Multiple Choice)
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Alan Greenspan believes history will show that later half of the 1990s was:

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How can a firm enhance initiative that sparks innovation?

(Essay)
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Management of technology includes the evaluation/control phase for examining innovations after they become an ongoing part of the organization.

(True/False)
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Technology pushes society when:

(Multiple Choice)
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The management of technology is defined as the linking of different disciplines to:

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The goal of management of technology and innovation in an organization should always be to:

(Multiple Choice)
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Technology's impact is:

(Multiple Choice)
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In the early part of this century there was a decline in technology spending due to:

(Multiple Choice)
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It was found in the state of Washington that technology based industries that each job in turn supports an average of ____ jobs while the state average is ____ jobs per employee in all other industries.

(Multiple Choice)
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