Exam 13: Innovation, Entrepreneurship, and Creativity

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How long is the product life cycle estimated to be in the auto industry today?

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As organizations age, they tend to become less flexible and less innovative.

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It is difficult for individuals to remain entrepreneurial throughout their careers.

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Quantum innovations are relatively uncommon.

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To maintain a capacity for innovation, an organization should:

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What is a knowledge creating organization?

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What is the first step in the project management process?

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The Gap used innovation to develop a more cost effective production process for its clothing line.

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In which part of the stage- gate model would a proposal be reviewed in terms of its technical feasibility or its fit with the organizational strategy?

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A stage- gate development funnel typically has__________ gates.

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The Pentium chip is an example of:

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In which part of the stage- gate model do managers develop a detailed product development plan?

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According to Anderson and Tushman, the era of ferment:

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Core team members:

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The technical feasibility of new product ideas is evaluated at __________in the stage- gate development funnel.

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Don Frey, the champion of Ford's Mustang, encountered little opposition to his idea to build the Mustang.

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The concept of fad and fashion in the product life cycle primarily applies to the clothing industry.

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Establishing the balance of control between a division and corporate headquarters is a problem associated with__________.

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TQM is an example of an incremental innovation.

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Which innovation technique is most likely to ensure that projects receive the necessary funding?

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