Strayer University, Washington - BUS 363Week 11 final exam (ALREADY GRADED A)

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Week 11 final exam • Question 1 Which of the following is the discontinuous innovation? • Question 2 Discontinuous shifts in technology always favor newcomer firms and ... established firms inevitably fail to take advantage of them. • Question 3 The 'fluid' pattern in Abernathy and Utterback's model is characterized by incremental product and process innovation. • Question 4 Which of the following is NOT a strategy for picking up weak signals about discontinuities? • Question 5 The problem for the firms which found their marketplace disrupted in the computer disk drive industry wasn't that they didn't listen to customers but rather that they listened too well – to the wrong customers. • Question 6 Innovation in socio-technical systems has a number of distinctive characteristics which make it impossible to manage. Which of the following is not a characteristic of innovation in such systems? • Question 7 Innovation can contribute to sustainability in a number of ways. Which of the following is not an example of a positive contribution? • Question 8 The focus of innovation for sustainability is different to that of innovation for competitiveness, except for: • Question 9 Identifying novel niches is more difficult than conventional marketing or new product development because: • Question 10 The most effective relationship between developers and users depends on a number of factors, including the diversity of potential applications and users. Which of the following statements is not true? • Question 11 Necessity is always the mother of invention. Innovation only succeeds when there is a clear user need. • Question 12 Rothwell's 'fifth generation' model suggests that innovation.... • Question 13 In innovation networks, bigger is always better - the more players in the network the more effective it is? • Question 14 A supplier development program involving a major buyer firm and several of its key suppliers offers an opportunity for establishing a learning network. • Question 15 Firms join innovation networks primarily to reduce their costs. • Question 16 Innovation networks are only used in new product development and do not apply in service sectors. • Question 17 Open innovation is • Question 18 Which of the following is not a fundamental difference between manufacturing and service operations? • Question 19 Gary Lynn and Richard Reilly have tried to identify in a systematic way the most common factors that contribute to successful product development, focusing on what they call "blockbuster" products. Which of the following is not a predictor of success? • Question 20 Studies of new product development suggest four main types of team structure which of the following is not a valid description? • Question 21 A simplified four-stage model is sufficient to discriminate between the various factors which must be managed at different stages of development. Which of the following is not normally a stage in this process? • Question 22 Potential projects can be assessed by a number of criteria. Which of the following is not commonly used? • Question 23 Which of the following is not a common trigger for the creation of a new venture? • Question 24 A business plan for a new venture has many components. Which of the following would you not expect to be a significant component in a business plan? • Question 25 Almost two-thirds of new ventures fail within the first two years. Which of the following is not a common reason for failure? • Question 26 Which of the following stages of funding of a new venture attract the least investment and interest from venture capitalists? • Question 27 A typical psychological profile of an entrepreneur would not necessarily include: • Question 28 Knowledge is different to information and data. Which of the following is not generally true? • Question 29 One of the central challenges in knowledge management is to encourage the exchange of tacit knowledge between communities of practice. Which of the following is not a useful means to encourage such exchange of knowledge: • Question 30 There are many proven mechanisms to help transfer knowledge across an organization. Which of the following is not a widely-accepted method? • Question 31 Cross-functional teams are an effective way to promote knowledge-sharing. Which of the following is generally not true of such teams? • Question 32 Which of the following characteristics of communities of practice is not true? • Question 33 Which of the following conditions is not necessary for the granting of a patent: • Question 34 David Tranfield and his colleagues map the different phases of the innovation process to identify the knowledge routines in each of the innovation phases. Which of the following is not included in this model? • Question 35 What is a major disadvantage of using patents as indicators of innovation? • Question 36 Using intellectual property rights (IPR) as a means of commercialising an innovation has many advantages, but also significant risks. Which of the following is not a common problem? • Question 37 Nonaka proposes the concept of a social learning cycle. In this model how does the codification knowledge occur primarily? • Question 38 A value proposition is: • Question 39 A business model is: • Question 40 Which of these is not an example of a revenue stream? • Question 41 'Servitization' is: • Question 42 Which of these would you not expect to find in a description of a business model? • Question 43 Which of the following would you NOT expect to hear people saying in an innovative organization? • Question 44 An organization might use a 'stage gate' system for innovation development in order to... • Question 45 Which of the following approaches can assist with effective change management? • Question 46 A Delphi panel is • Question 47 Which of these statements might you NOT expect people to make in an innovative organization? • Question 48 Which of the following would NOT be a good measure of innovation performance? • Question 49 Which of the following would you NOT expect to hear in a successful innovating company? • Question 50 Which of the following is often associated with innovation success? 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