Exam 13: Strategic Entrepreneurship

One of the distinguishing differences between the two sources of internal corporate venturing (autonomous strategic behavior and induced strategic behavior) is whether the innovation process:

(Multiple Choice)

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Question 81

While both incremental and novel innovations can create value, incremental innovations have the potential to contribute more significantly to a firm's efforts to earn above-average returns.

(True/False)

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Question 82

Research has shown that internationally diversified firms are generally more innovative.

(True/False)

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Question 83

Knowledge must be transferred to others in the firm to enhance the entrepreneurial competence of the firm.This requires that:

(Multiple Choice)

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Question 84

ValTek engages in international entrepreneurship.In contrast to a company that is involved only in domestic entrepreneurship, ValTek must concentrate more on:

(Multiple Choice)

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Question 85

AbieTech developed a new process for manufacturing its components.EfGee Manufacturing and HiGear quickly adopted a similar process.EfGee and HiGear were involved in invention.

(True/False)

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Question 86

A company with a need for immediate, large returns should invest in research and development.

(True/False)

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Question 87

Innovations can only be produced by actions and activities within the firm.

(True/False)

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Question 88

The idea that it is necessary to sell the ideas to others in the organization so that innovations will be commercialized is the rationale behind the use of:

(Multiple Choice)

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Question 89

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams.

(True/False)

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Question 90

Pet Care Companion Connection (PCCC) is an organization that trains persons with mild-to-moderate mental disabilities to care for pets in a pet boarding facility.This organization has been successful in providing a quality service for pet owners and a supportive training environment for their trainees.The tuition charged to trainees is only somewhat higher than the fee, which day-care providers would charge for these individuals.Graduates of the program are qualified for employment by commercial kennels.PCCC is an example of:

(Multiple Choice)

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Question 91

To be successful, an autonomous process for developing new products relies on:

(Multiple Choice)

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Question 92

Products developed through are often offered at lower prices without as many features as products developed through .

(Multiple Choice)

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Question 93

__________ involves internally developed incremental and novel innovations that result from deliberate efforts.

(Multiple Choice)

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Question 94

Define the three types of innovative activity, explain how they are related, and what role entrepreneurship plays.Which is the most critical activity for U.S.firms?

(Essay)

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Question 95

Induced strategic behavior does not result in true innovation because it is a top-down process rather than a bottom-up process.

(True/False)

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Question 96

Entrepreneurship is the economic engine driving many nations' economies in the global competitive landscape.

(True/False)

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Question 97

Innovation is the means by which the entrepreneur creates wealth.

(True/False)

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Question 98

New entrepreneurial firms are better than larger established firms at:

(Multiple Choice)

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Question 99

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market," is an example of a(n):

(Multiple Choice)

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Question 100

Showing 81 - 100 of 107

One of the distinguishing differences between the two sources of internal corporate venturing (autonomous strategic behavior and induced strategic behavior) is whether the innovation process:

While both incremental and novel innovations can create value, incremental innovations have the potential to contribute more significantly to a firm's efforts to earn above-average returns.

Research has shown that internationally diversified firms are generally more innovative.

Knowledge must be transferred to others in the firm to enhance the entrepreneurial competence of the firm.This requires that:

ValTek engages in international entrepreneurship.In contrast to a company that is involved only in domestic entrepreneurship, ValTek must concentrate more on:

AbieTech developed a new process for manufacturing its components.EfGee Manufacturing and HiGear quickly adopted a similar process.EfGee and HiGear were involved in invention.

A company with a need for immediate, large returns should invest in research and development.

Innovations can only be produced by actions and activities within the firm.

The idea that it is necessary to sell the ideas to others in the organization so that innovations will be commercialized is the rationale behind the use of:

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams.

To be successful, an autonomous process for developing new products relies on:

Products developed through are often offered at lower prices without as many features as products developed through .

__________ involves internally developed incremental and novel innovations that result from deliberate efforts.

Define the three types of innovative activity, explain how they are related, and what role entrepreneurship plays.Which is the most critical activity for U.S.firms?

Induced strategic behavior does not result in true innovation because it is a top-down process rather than a bottom-up process.

Entrepreneurship is the economic engine driving many nations' economies in the global competitive landscape.

Innovation is the means by which the entrepreneur creates wealth.

New entrepreneurial firms are better than larger established firms at:

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market," is an example of a(n):

Strategic Management and Strategic Competitiveness

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics

Corporate-Level Strategy

Merger and Acquisition Strategies

International Strategy

Cooperative Strategy

Corporate Governance

Organizational Structure and Controls

Strategic Leadership

Filters

Exam 13: Strategic Entrepreneurship

One of the distinguishing differences between the two sources of internal corporate venturing (autonomous strategic behavior and induced strategic behavior) is whether the innovation process:

While both incremental and novel innovations can create value, incremental innovations have the potential to contribute more significantly to a firm's efforts to earn above-average returns.

Research has shown that internationally diversified firms are generally more innovative.

Knowledge must be transferred to others in the firm to enhance the entrepreneurial competence of the firm.This requires that:

ValTek engages in international entrepreneurship.In contrast to a company that is involved only in domestic entrepreneurship, ValTek must concentrate more on:

AbieTech developed a new process for manufacturing its components.EfGee Manufacturing and HiGear quickly adopted a similar process.EfGee and HiGear were involved in invention.

A company with a need for immediate, large returns should invest in research and development.

Innovations can only be produced by actions and activities within the firm.

The idea that it is necessary to sell the ideas to others in the organization so that innovations will be commercialized is the rationale behind the use of:

Political activity that is centered on the allocation of resources to the different functions may limit the effective use of cross-functional teams.

To be successful, an autonomous process for developing new products relies on:

Products developed through __________ are often offered at lower prices without as many features as products developed through __________.

__________ involves internally developed incremental and novel innovations that result from deliberate efforts.

Define the three types of innovative activity, explain how they are related, and what role entrepreneurship plays.Which is the most critical activity for U.S.firms?

Induced strategic behavior does not result in true innovation because it is a top-down process rather than a bottom-up process.

Entrepreneurship is the economic engine driving many nations' economies in the global competitive landscape.

Innovation is the means by which the entrepreneur creates wealth.

New entrepreneurial firms are better than larger established firms at:

3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market," is an example of a(n):

Strategic Management and Strategic Competitiveness

The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis

The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages

Business-Level Strategy

Competitive Rivalry and Competitive Dynamics

Corporate-Level Strategy

Merger and Acquisition Strategies

International Strategy

Cooperative Strategy

Corporate Governance

Organizational Structure and Controls

Strategic Leadership

Filters

Products developed through are often offered at lower prices without as many features as products developed through .