Question 1

Markets that do not exist can be analysed

Accepted Answer

A) True 
 B)False  False

Question 2

Creativity is a necessary condition for innovation

Accepted Answer

A) True 
 B)False  True

Question 3

Research suggests most large companies are innovative

Accepted Answer

A) True 
 B)False  False

Question 4

Active management of business portfolios is a deleterious element of corporate strategy

Accepted Answer

A) True 
 B)False

Question 5

It may be difficult to identify disruptive innovations a priori

Accepted Answer

A) True 
 B)False

Question 6

Barriers to change are often erected by individuals within the firm

Accepted Answer

A) True 
 B)False

Question 7

Today's core competences may be rendered useless by environmental changes

Accepted Answer

A) True 
 B)False

Question 8

A due diligence process should not include assessing integration risks

Accepted Answer

A) True 
 B)False

Question 9

Strategic alliances may enable partner firms to complement each other's strengths

Accepted Answer

A) True 
 B)False

Question 10

An acquiring firm's vision statement may help target firm employees acclimate to the change

Accepted Answer

A) True 
 B)False

Question 11

Revolutionary innovation damages prospects for long-term growth and value creation

Accepted Answer

A) True 
 B)False

Question 12

Experts agree that incremental innovation is insufficient in the longer term

Accepted Answer

A) True 
 B)False

Question 13

Many important innovations have nothing to do with new products

Accepted Answer

A) True 
 B)False

Question 14

Acquisition premiums are uncommon

Accepted Answer

A) True 
 B)False

Question 15

Acquiring management rarely underestimates the problems involved in integrating acquisitions

Accepted Answer

A) True 
 B)False

Question 16

Vertically dominant growth strategies have distinct limitations

Accepted Answer

A) True 
 B)False

Question 17

Synergistic benefits of mergers and acquisitions are easy to quantify

Accepted Answer

A) True 
 B)False

Question 18

A portfolio of innovative ventures increases the risks of future firm failure

Accepted Answer

A) True 
 B)False

Question 19

Mergers and acquisitions are shunned by most large companies

Accepted Answer

A) True 
 B)False

Question 20

Functional demarcations are usually inimical to successful innovation

Accepted Answer

A) True 
 B)False

Exam 9: Managing Innovation and the Dynamic Scope of the ﬁrm

Markets that do not exist can be analysed

Creativity is a necessary condition for innovation

Research suggests most large companies are innovative

Active management of business portfolios is a deleterious element of corporate strategy

It may be difficult to identify disruptive innovations a priori

Barriers to change are often erected by individuals within the firm

Today's core competences may be rendered useless by environmental changes

A due diligence process should not include assessing integration risks

Strategic alliances may enable partner firms to complement each other's strengths

An acquiring firm's vision statement may help target firm employees acclimate to the change

Revolutionary innovation damages prospects for long-term growth and value creation

Experts agree that incremental innovation is insufficient in the longer term

Many important innovations have nothing to do with new products

Acquisition premiums are uncommon

Acquiring management rarely underestimates the problems involved in integrating acquisitions

Vertically dominant growth strategies have distinct limitations

Synergistic benefits of mergers and acquisitions are easy to quantify

A portfolio of innovative ventures increases the risks of future firm failure

Mergers and acquisitions are shunned by most large companies

Functional demarcations are usually inimical to successful innovation