Innovation And Entrepreneurship

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Strategic Management
Company Mission
Corporate Social Responsibility and Business Ethics
The External Environment
The Global Environment
Internal Analysis
Long-Term Objectives and Strategies
Business Strategy
Multibusiness Strategy
Implementation
Organizational Structure
Leadership and Culture
Strategic Control
Innovation and Entrepreneurship

All Questions

Question 1

Free

Multiple Choice

A recent study by Boston Consulting Group found that the executives indicated their three biggest problems with innovation.Which of the following is NOT one of those biggest problems according to the study?

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Leveraging suppliers for new ideas

Appropriately balancing risks, timeframes and returns

Generating potentially viable ideas

Moving quickly from idea generation to initial sales

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Question 2

Free

Multiple Choice

_________ is the creation of new products or processes through the development of new knowledge or from new combinations of existing knowledge.

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Process development

Invention

Innovation

Improvement

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Question 3

Free

Multiple Choice

__________ is the initial commercialization of invention by producing and selling a new product,service or process.

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Improvement

Process development

Innovation

Invention

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Question 4

Free

Multiple Choice

__________ is turning ideas into profits.

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Improvement

Process development

Innovation

Invention

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Question 5

Free

Multiple Choice

The iPod is an example of innovation,while iTunes is an example of __ innovation.

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product, process

process, product

product, service

service, product

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Question 6

Multiple Choice

Which of the following is NOT a primary method of innovation?

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Competitive innovation

Process innovation

Service innovation

Product innovation

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Question 7

Multiple Choice

________ refers to simple changes or adjustments in existing products,services or processes.

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Continuous innovation

Incremental innovation

Process innovation

Continuous improvement

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Question 8

Multiple Choice

_________ ,called kaizen in Japanese,is the process of relentlessly trying to find ways to improve and enhance a company's products and processes from design through assembly,sales and service.

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CCC21

Incremental innovation

Continuous improvement

Six Sigma

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Question 9

Multiple Choice

A major driver of ______ innovation in many companies the last several years has come from programs aimed at continuous improvement,cost reduction,and quality management.

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Breakthrough

Disruptive

Incremental

Inventive

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Question 10

Multiple Choice

CCC21 stands for:

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Competitive Cost Competency in the 21^st century

Construction of Cost Competitiveness for the 21^st century

Cost Chain Competition for the 21^st century

Continuous Cost Competitiveness in the 21^st century

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Question 11

Multiple Choice

________ is a continuous improvement approach many companies have adopted to spur incremental innovation in their businesses.It is a very rigorous and analytical approach in quality and continuous improvement.

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CCC21

Balanced scorecard

Strategic matrix analysis

Six Sigma

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Question 12

Multiple Choice

The DMAIC (define,measure,analyze,improve,control)process is relevant to

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CCC21

Balanced scorecard

Strategic matrix analysis

Six Sigma

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Question 13

Multiple Choice

are inherently more risky than _ .

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Disruptive innovations; breakthrough innovations

Incremental innovations; breakthrough innovations

Breakthrough innovations; incremental innovation

Functional innovations; process innovations

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Question 14

Multiple Choice

A(n) ___________ is an innovation in a product,process,technology or the cost associated with it that represents a quantum leap forward in one or more of these ways.

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Breakthrough innovation

Invention

"Home-run" innovation

Cost-improvement

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Question 15

Multiple Choice

A _____ technology is distinct from a "disruptive" technology.

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CCC21

breakthrough

core

sustaining

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Question 16

Multiple Choice

Breakthrough innovations are also called ______ innovations.

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CCC21

incremental

sustaining

disruptive

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Question 17

Multiple Choice

________ is an idea factor involving actively looking for an answer to a known problem.

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Need spotting

Market research

Random events

Trend following

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Question 18

Multiple Choice

_________ is an idea factor involving finding a new way of using an existing technology.

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Trend following

Need spotting

Solution spotting

Random events

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Question 19

Multiple Choice

__________ is an idea factor involving things dreamed up in the head with little reference to the outside world.

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Internal following

Mental inventions

Solution spotting

Random events

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Question 20

Multiple Choice

_________ are serendipitous moments when innovators stumbled on something they were not looking for but immediately recognized its significance.

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Solution spottings

Trend followings

Market researches

Random events

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Innovation And Entrepreneurship

A recent study by Boston Consulting Group found that the executives indicated their three biggest problems with innovation.Which of the following is NOT one of those biggest problems according to the study?

_________ is the creation of new products or processes through the development of new knowledge or from new combinations of existing knowledge.

__________ is the initial commercialization of invention by producing and selling a new product,service or process.

__________ is turning ideas into profits.

The iPod is an example of ____ innovation,while iTunes is an example of ______ innovation.

Which of the following is NOT a primary method of innovation?

________ refers to simple changes or adjustments in existing products,services or processes.

_________ ,called kaizen in Japanese,is the process of relentlessly trying to find ways to improve and enhance a company's products and processes from design through assembly,sales and service.

A major driver of ______ innovation in many companies the last several years has come from programs aimed at continuous improvement,cost reduction,and quality management.

CCC21 stands for:

________ is a continuous improvement approach many companies have adopted to spur incremental innovation in their businesses.It is a very rigorous and analytical approach in quality and continuous improvement.

The DMAIC (define,measure,analyze,improve,control)process is relevant to

__________ are inherently more risky than ___________ .

A(n) ___________ is an innovation in a product,process,technology or the cost associated with it that represents a quantum leap forward in one or more of these ways.

A _____ technology is distinct from a "disruptive" technology.

Breakthrough innovations are also called ______ innovations.

________ is an idea factor involving actively looking for an answer to a known problem.

_________ is an idea factor involving finding a new way of using an existing technology.

__________ is an idea factor involving things dreamed up in the head with little reference to the outside world.

_________ are serendipitous moments when innovators stumbled on something they were not looking for but immediately recognized its significance.

The iPod is an example of innovation,while iTunes is an example of __ innovation.

are inherently more risky than _ .