Question 1

The credibility of a firm and the rate of adoption are directly related.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is an advantage of being a later entrant into a market?

Accepted Answer

A)  Firms can capture scarce resources. 
B)  Firms do not have to invest in exploratory research. 
C)  Firms have to develop their own supply and distribution channels. 
D)  Firms are unaffected by switching costs. 
A)  Firms can capture scarce resources. 
B)  Firms do not have to invest in exploratory research. 
C)  Firms have to develop their own supply and distribution channels. 
D)  Firms are unaffected by switching costs.

Question 3

A firm with fast cycle development processes

Accepted Answer

A)  can introduce a refined version of a competitor's technology. 
B)  is susceptible to more quality problems. 
C)  can exit the market sooner. 
D)  has only a first mover advantage. 
A)  can introduce a refined version of a competitor's technology. 
B)  is susceptible to more quality problems. 
C)  can exit the market sooner. 
D)  has only a first mover advantage.

Question 4

Which of the following scenarios describes the benefits of being a first-mover in the market?

Accepted Answer

A)  A firm that has developed a watch that requires a microchip which is still in its nascent stage. 
B)  An automobile manufacturer that must undertake the task of developing radiator caps for the engines of its cars. 
C)  A maker of breakfast cereals whose customers are unaffected by switching costs. 
D)  A radio station that is given authority over large portion of radio spectrum. 
A)  A firm that has developed a watch that requires a microchip which is still in its nascent stage. 
B)  An automobile manufacturer that must undertake the task of developing radiator caps for the engines of its cars. 
C)  A maker of breakfast cereals whose customers are unaffected by switching costs. 
D)  A radio station that is given authority over large portion of radio spectrum.

Question 5

Explain why sometimes the follower and not the first mover of a new technology is more successful in the market place.

Accepted Answer

Although first movers have the opportuni

Question 6

Jackson Laboratories has come up with a new diabetic blood sugar monitoring device that does not require patients to prick their fingers.It has determined that this new technology will quickly become the dominant method used by diabetics and will replace the old blood sugar monitoring devices Jackson currently sells.However,competitors might be able to easily imitate the device.Jackson should enter the market

Accepted Answer

A)  early. 
B)  late. 
C)  in the middle of the pack. 
D)  whenever it wants to. 
A)  early. 
B)  late. 
C)  in the middle of the pack. 
D)  whenever it wants to.

Question 7

Irrespective of whether the characteristics of a technology are imitable or not,a first mover has an opportunity to build brand loyalty before the entry of other competitors.

Accepted Answer

A) True 
 B)False

Question 8

Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors.According to the classification scheme provided in the text,Intel would be classified as a(n)_____.

Accepted Answer

A)  first mover 
B)  early mover 
C)  late entrant 
D)  premature developer 
A)  first mover 
B)  early mover 
C)  late entrant 
D)  premature developer

Question 9

Explain the reasons why more efficient keyboards were not able to replace the QWERTY keyboard.Which principle is illustrated in this scenario?

Accepted Answer

The QWERTY keyboard was initially introd

Question 10

A firm that has very fast-cycle development processes may be able to capitalize on both first and second-mover advantages.

Accepted Answer

A) True 
 B)False

Question 11

Early leaders are firms that are the first to enter the market.

Accepted Answer

A) True 
 B)False

Question 12

A technology that makes a dramatic improvement over previous generations or different technologies that serve similar functions will

Accepted Answer

A)  not be easily accepted by customers. 
B)  more rapidly gain customer acceptance. 
C)  not be accepted by customers at all. 
D)  experience lesser customer acceptance. 
A)  not be easily accepted by customers. 
B)  more rapidly gain customer acceptance. 
C)  not be accepted by customers at all. 
D)  experience lesser customer acceptance.

The credibility of a firm and the rate of adoption are directly related.

Which of the following is an advantage of being a later entrant into a market?

A firm with fast cycle development processes

Which of the following scenarios describes the benefits of being a first-mover in the market?

Explain why sometimes the follower and not the first mover of a new technology is more successful in the market place.

Irrespective of whether the characteristics of a technology are imitable or not,a first mover has an opportunity to build brand loyalty before the entry of other competitors.

Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors.According to the classification scheme provided in the text,Intel would be classified as a(n)_____.

Explain the reasons why more efficient keyboards were not able to replace the QWERTY keyboard.Which principle is illustrated in this scenario?

A firm that has very fast-cycle development processes may be able to capitalize on both first and second-mover advantages.

Early leaders are firms that are the first to enter the market.

A technology that makes a dramatic improvement over previous generations or different technologies that serve similar functions will

Introduction

Sources of Innovation

Types and Patterns of Innovation

Standards Battles and Design Dominance

Defining the Organizations Strategic Direction

Choosing Innovation Projects

Collaboration Strategies

Protecting Innovation

Organizing for Innovation

Managing the New Product Development Process

Managing New Product Development Teams

Crafting a Deployment Strategy Index

Filters

Exam 5: Timing of Entry Part Two Formulating Technological Innovation Strategy

The credibility of a firm and the rate of adoption are directly related.

Which of the following is an advantage of being a later entrant into a market?

A firm with fast cycle development processes

Which of the following scenarios describes the benefits of being a first-mover in the market?

Explain why sometimes the follower and not the first mover of a new technology is more successful in the market place.

Irrespective of whether the characteristics of a technology are imitable or not,a first mover has an opportunity to build brand loyalty before the entry of other competitors.

Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors.According to the classification scheme provided in the text,Intel would be classified as a(n)_____.

Explain the reasons why more efficient keyboards were not able to replace the QWERTY keyboard.Which principle is illustrated in this scenario?

A firm that has very fast-cycle development processes may be able to capitalize on both first and second-mover advantages.

Early leaders are firms that are the first to enter the market.

A technology that makes a dramatic improvement over previous generations or different technologies that serve similar functions will

Introduction

Sources of Innovation

Types and Patterns of Innovation

Standards Battles and Design Dominance

Defining the Organizations Strategic Direction

Choosing Innovation Projects

Collaboration Strategies

Protecting Innovation

Organizing for Innovation

Managing the New Product Development Process

Managing New Product Development Teams

Crafting a Deployment Strategy Index

Filters