Exam 7: Innovation and Change

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Companies that want to sustain a competitive advantage must understand and protect themselves from the strategic threats of innovation.

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Levio is a company that makes mobile apps and has decided to become a market leader in the field. Levio can encourage the development of a culture where workers perceive that new ideas are welcomed by offering challenging work and supervisory encouragement. In other words, the company can create a(n) ____.

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When an automobile manufacturer learned that it took longer than any other manufacturer to assemble a vehicle, it purchased newer, more flexible manufacturing systems to replace its older ones. Which stage of the technology cycle is illustrated in the scenario?

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_____ is defined as a philosophy and collection of planned change interventions designed to improve an organization's long-term health and performance.

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Which of the following is a characteristic of discontinuous change?

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How can companies foster the generation of new ideas?

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Identify the methods that can be used to manage resistance to change. Which one should be used only as a last resort?

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When companies don't anticipate, recognize, neutralize, or adapt to the internal or external pressures that threaten their survival, it results in _____.

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The General Electric workout is a special kind of ____.

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Which of the following is NOT a part of the experiential approach to innovation?

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In the typical S-curve pattern of innovation, small amounts of effort will result in significant increases in performance _____.

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_____ occurs when customers purchase new technologies to replace older technologies.

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During the last decade, there was an increase in sales in CDs, DVDs, pen drives, and portable hard discs, as people sought to replace their obsolete floppy discs. In terms of the technology cycle, this is an example of _____.

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Before TREX Mobiles launched its latest smartphone, it built a prototype of the phone and tested its performance repeatedly, improving the model each time. This process is called _____.

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Stellar Mobiles was a popular mobile phone brand. However, when its competitors began switching to smartphones, Stellar realized that it too needed to change in order to survive in the market, and it quickly started developing smartphones. In other words, Stellar Mobiles entered the _____ stage of the technology cycle.

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Briefly describe the typical pattern of a technology cycle that occurs during technological innovation.

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What are creative work environments? What does a manager need to do to develop and manage creative work environments?

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According to Kurt Lewin, managing organizational change is a simple process that requires organizational dialogue, change intervention, and reformatting.

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In the typical S-curve pattern of innovation, increased effort (i.e., money, research and development) brings only small improvements in technological performance _____.

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Mark was the person who was in charge of the plan to reinvent Supernova Automobiles. He played a major role in making a shift to building solar- powered automobiles from making regular fuel-powered cars. Mark was a(n) ____.

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