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Exam 17: Managing Technology and Innovation

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Question 51

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Scanning focuses on:

A) improvising base technologies.
B) current activities and technologies.
C) what can be done and what is being developed.
D) comparing the competitive advantages of two companies.
E) clarifying the key technologies on which an organization depends.

F) A) and B)
G) A) and C)

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Question 52

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Which of the following best describes the role of executive champions?

A) They provide financial resources to support the project.
B) They promote the new technology throughout the organization.
C) They develop and operate the new technology.
D) They coordinate the technological efforts of various business units.
E) They assess technological implications.

F) None of the above
G) A) and D)

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Question 53

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Unlike those who seek technology leadership,followers can gain a significant learning advantage that can be sustainable.

Presto Inc.is questioning whether it should acquire the needed technology from an outside source or develop it itself.In this case,the company is involved in a ____.

Several ways to acquire new technology include internal development,purchase,and licensing.

Which of the following types of technologies is still under development and thus unproved?

The process of comparing an organization's practices and technologies to those of other companies is known as:

Z-Tech Scans is in the process of deciding whether to develop a new scanning machine with advanced features or to get it from another company that specializes in that area.This is an example of a:

Early adopters of a new technology are often considered impulsive and extreme by others.

Explain the technology life cycle.

Which of the following is the first consideration in developing a strategy around technological innovation?

Explain the major benefits of a development project.Provide an example of a situation in which a development project might be turned into a source of competitive advantage.

The technical innovator is the person who promotes a new technology throughout the organization in an effort to obtain acceptance of and support for it.

The invention life cycle is a predictable pattern that is followed by a technological innovation from its inception and development to market saturation and replacement.

_____ technologies have proved effective,but they also provide a strategic advantage because not everyone uses them.

Which of the following is considered an enemy of innovation?

The key factor that makes technology leadership attractive for some companies is the potential for:

Which of the following groups of adopters of a new technology includes well-respected opinion leaders or organizations to which others look for ideas and up-to-date technological information?

An individual who supports a new technology and protects the product champion is referred to as a(n) :

Explain benchmarking and scanning.Bring out the differences between them.