Quiz by Tristan Reinsma, created more than 1 year ago

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	Created by Tristan Reinsma almost 8 years ago

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Management of product innovation

Question 1 of 27

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1. The innovation funnel:

Select one of the following:

a. Sketches the role of management in the innovation process
b. Ends up before the launch stage
c. Is a rough sketch of the development process
d. Is mainly based on the pharmaceutical industry

Explanation

Question 2 of 27

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2. Technology:

Select one of the following:

a. Mainly concerns equipment of a firm, such as machines or instruments
b. Is in its purest essence knowledge
c. Concerns the processes of a firm
d. Is the residual of the change in gross domestic product over the years

Explanation

Question 3 of 27

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3. What trait(s) do most successful inventors not possess?

Select one of the following:

a. More interested in problems than solutions
b. Seeking local solutions instead of global ones
c. Not specialized solely in one field
d. Questioning assumptions made in previous work in the field

Explanation

Question 4 of 27

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4. An example of agglomeration economics is:

Select one of the following:

a. Concentration of pollution
b. An increased likelihood of the firm’s competitors to gain access to the firm’s knowledge
c. Traffic congestion
d. Attract new labor to the area

Explanation

Question 5 of 27

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5. The two dimensions of a technology S-curve are:

Select one of the following:

a. Effort and time
b. Performance and time
c. Performance and effort
d. Performance and diffusion

Explanation

Question 6 of 27

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6. The most suitable group of opinion leaders with respect to an innovation is:

Select one of the following:

a. Innovators
b. Early adopters
c. Early majority
d. Late majority

Explanation

Question 7 of 27

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7. Network externalities refer to an increased value due to:

Select one of the following:

a. Complementary goods
b. Installed base and complementary goods
c. Absorptive capacity
d. Path dependency

Explanation

Question 8 of 27

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8. The users’ comparison of a new and an existing technology is based on:

Select one of the following:

a. Objective information about actual technological benefits
b. Objective information, subjective information and expectations for the future
c. Perceived technological benefits and the perceived installed base
d. Expectation with respect to technological benefits, installed base , and the availability of complementary goods

Explanation

Question 9 of 27

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9. According to Porter’s value chain, placing a purchasing order is part of:

Select one of the following:

a. Inbound logistics
b. Procurement
c. Outbound logistics
d. Operations

Explanation

Question 10 of 27

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10. Core competences are in general:

Select one of the following:

a. Distinct from elemental abilities
b. Business-unit related
c. Linked to one end product
d. Equal to core technologies

Explanation

Question 11 of 27

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11. A firm’s alliance strategy can be categorized among two dimensions:

Select one of the following:

a. The extent of capability complementation and the extent of capability transfer
b. The extent of capability complementation and the extent new capabilities are jointly developed
c. Capability complementation versus transfer and an individual versus a network of alliances
d. The extent to which skills and resources can be combined and the extent of knowledge transfer

Explanation

Question 12 of 27

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12. Licensing is a type of:

Select one of the following:

a. Alliance
b. Outsourcing
c. Contract manufacturing
d. Joint venture

Explanation

Question 13 of 27

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13. Standardization within the firm primarily refers to:

Select one of the following:

a. A uniform way to perform activities
b. The behavior of the firm members
c. Managerial oversight over the firm
d. Decision-making authority in the firm

Explanation

Question 14 of 27

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14. Organic structures are characterized by:

Select one of the following:

a. A network of organizations
b. Modular organizations
c. A high level of organization
d. A low level of standardization and formalization

Explanation

Question 15 of 27

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15. What statement about project/ product champions is not correct?

Select one of the following:

a. Champions are more likely to be involved with radical innovation projects
b. Champions are more likely to be from R&D or marketing
c. Champions may arise from any level in the organization
d. As of 2001 the majority of North American firms use senior managers to champion new product development projects

Explanation

Question 16 of 27

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16. What statement is correct about the stage-gate process?

Select one of the following:

a. Gates are activity-based, stages decision-based
b. Idea generation usually is part of the actual stage-gate process for development
c. Building a business case is usually part of the stage-gate process
d. The stage-gate process consists of five steps

Explanation

Question 17 of 27

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17. What statement is correct about functional development teams?

Select one of the following:

a. These teams have a junior or middle manager as a project manager
b. There is high potential for conflict between team and functions
c. Team members may have little commitment to the development project
d. These teams have dedicated liaison personnel facilitating communication and coordination among functions

Explanation

Question 18 of 27

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18. A contract book defines:

Select one of the following:

a. The project’s mission
b. Measurable goals for the project
c. The basic plan to realize the project goals
d. Who is on the development team

Explanation

Question 19 of 27

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19. To examine the impact of informal coordination on the unit’s level of ambidexterity, Jansen et al (2006) focus on:

Select one of the following:

a. Social relationships between units in the firm
b. Social relationships within the unit of the firm
c. Power relations between units of the firm
d. Power relations within the units of the firm

Explanation

Question 20 of 27

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20. In the Cardinal (2001) study formalization is part of:

Select one of the following:

a. Input control
b. Behavioral control
c. Output control
d. None of these answers is correct

Explanation

Question 21 of 27

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21. In the Song et al (2007) study:

Select one of the following:

a. The use of CMC technologies is more important than the level of co-location for the sharing of technological knowledge
b. The level of co-location is more important than the use of CMC technologies for the sharing of technological knowledge
c. Both measures mentioned are equally important for the sharing of technological knowledge
d. Both measures mentioned have no influence on the sharing of technological knowledge

Explanation

Question 22 of 27

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22. What statement about the Gassmann and von Zedtwitz (2003) study is correct:

Select one of the following:

a. The more incremental the innovation the more successful a centralized venture team
b. The more systemic the nature of the project the more successful a decentralized venture team
c. The more tacit the knowledge the more successful a centralized venture team
d. The more overlap of competences the more successful a centralized venture team

Explanation

Question 23 of 27

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23. Increasing the number of stages in the stage gate (Cooper, 2008) is an example of:

Select one of the following:

a. Information flexibility
b. Time rigidity
c. Organizational rigidity
d. Organizational flexibility

Explanation

Question 24 of 27

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24. If products are novel then (Sethi & Iqbal 2008):

Select one of the following:

a. Learning failure is negatively related to market performance
b. Learning failure is positively related to market performance
c. Project inflexibility is negatively related to learning failure
d. None of these answers is correct

Explanation

Question 25 of 27

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Ambidexterity in Innovation Management means:

Select one of the following:

The management of both exploration and exploitation
The management of both radical and incremental innovation
The management of the initiation and implementation stage in an innovation project
The management of both certainty and uncertainty in the firm

Explanation

Question 26 of 27

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The existence of virtual global development teams leads to

Select one of the following:

Knowledge sharing problems within the subteams
Knowledge sharing problems among the subteams
An increased spontaneity of encounters
None of these answers is correct

Explanation

Question 27 of 27

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Having many iterations in the development process using customer feedback to improve, is an example of:

Select one of the following:

Organizational rigidity
Time flexibility
Informational flexibility
Informational rigidity

Explanation