Exam 13: Innovation, Entrepreneurship, and Creativity

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What percentage of R&D activities results in a product getting to market?

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An organization has innovative products and ideas, but consistently fails to meet cost projections. In addition, they are almost always a couple of months late in getting the product to market. What would you recommend?

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A PERT/CAM network would most likely be used during__________ .

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According to Anderson and Tushman, design competition is most prevalent in the era of __________.

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Innovation is associated with a high level of risk.

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An upstart biotechnology firm fears losing its talented scientists. What can it do to avoid this problem?

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For innovative processes to be successful, R&D activities must be integrated with other functions.

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A product champion:

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The stage- gate funnel is designed to foster innovation because left to their own devices, managers tend not to take on as many projects as they can handle.

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According to Anderson and Tushman, a technological discontinuity is:

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Product life cycles are becoming shorter as managers focus their resources on innovation to increase customer responsiveness.

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Which of the following structures is most appropriate for a high- tech organization?

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The shorter the product life cycle, the more important innovation is to an industry or organization.

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Which of the following products or industries has the shortest product life cycle?

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Why did The Gap have trouble managing the innovation process?

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The invention of the microchip by Intel is considered to be a quantum innovation.

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Your text discusses how the VCR industry slipped into the decline stage because of a failure to provide cost effective products.

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Which of the following does not reduce innovation in an organization?

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Most companies focus on:

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Which of the following companies will most likely be innovative?

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