All Questions
Filter by:
Question 1
Free
True/False

The Kraft Heinz Company makes MiO Drops. This is an example of a high-tech source of innovation.

Choose correct answer/s

True

False

Check answer
Question 2
Free
True/False

Process innovations are often associated with a low-cost leadership strategy.

Choose correct answer/s

True

False

Check answer
Question 3
Free
True/False

Product innovations are commonly associated with a differentiation strategy.

Choose correct answer/s

True

False

Check answer
Question 4
Free
True/False

Radical innovations are evolutionary applications of novel ideas within existing paradigms.

Choose correct answer/s

True

False

Check answer
Question 5
Free
True/False

Proctor and Gamble has centralized 20 to 30 percent of its research efforts in a new corporate-level business creation and innovation unit. They believe that this will assist them onlywithdeveloping incremental innovations that will help the overall bottom line.

Choose correct answer/s

True

False

Check answer
Question 6
True/False

Research indicates that leaders of innovative firms spend 50 percent more time on discovery activities than the leaders of less innovative firms.

Choose correct answer/s
True
False
To unlock the question
Question 7
True/False

The term strategic envelope refers to the scope of innovation efforts of a firm.

Choose correct answer/s
True
False
To unlock the question
Question 8
True/False

For innovation team members to work enthusiastically on innovation projects, it is important to separate the performance of individual team members from the performance of the innovation itself.

Choose correct answer/s
True
False
To unlock the question
Question 9
True/False

Focused corporate venturing permeates all parts of the organization and involves every member of the organization.

Choose correct answer/s
True
False
To unlock the question
Question 10
True/False

Business incubators are designed to support fledgling entrepreneurial ventures until they can operate as stand-alone businesses.

Choose correct answer/s
True
False
To unlock the question
Question 11
True/False

Dispersed approaches to corporate entrepreneurship are often found in organizations with a strong spirit of entrepreneurship.

Choose correct answer/s
True
False
To unlock the question
Question 12
True/False

Only about 50 percent of corporate venturing efforts reach profitability within six years of their launch.

Choose correct answer/s
True
False
To unlock the question
Question 13
True/False

Exit champions are often reluctant to gather hard data about a venture because it might kill the project.

Choose correct answer/s
True
False
To unlock the question
Question 14
True/False

One of the important questions the corporation must address in assessing the effectiveness of its venturing initiatives is that of the sustainability of its basis of competitive advantage.

Choose correct answer/s
True
False
To unlock the question
Question 15
True/False

Corporate ventures that use real options logic in decision making tend to keep total investment low in order to minimize the downside risk of a project.

Choose correct answer/s
True
False
To unlock the question
Question 16
True/False

One of the potential pitfalls of real options analysis is that managers may have the incentive and know-how to game the system.

Choose correct answer/s
True
False
To unlock the question
Question 17
True/False

Intel uses option contracts for the right to purchase key pieces of equipment at a specific future date. They simulate the likelihood that they will need to purchase a specific piece of equipment and then create the options contracts to reduce risk and potentially save money.

Choose correct answer/s
True
False
To unlock the question
Question 18
True/False

First movers in an industry often capture above-average profits but usually find it difficult to maintain early market share gains.

Choose correct answer/s
True
False
To unlock the question
Question 19
True/False

Business risk taking refers to the risk associated with entering untested markets or committing to unproven technologies.

Choose correct answer/s
True
False
To unlock the question
Question 20
True/False

Financial risk taking involves the risk an executive assumes in taking a stand in favor of a strategic course of action.

Choose correct answer/s
True
False
To unlock the question