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20 Cards in this Set
- Front
- Back
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Patents confer a monopoly right on their owner.
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True
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The critical path method helps determine ________.
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the particular tasks or activities that have significant effect on project time and cost
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Quantum technological change refers to the improvements that are continuously made to particular technologies over time
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False
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Which of the following terms best represents the knowledge building created when two or more individuals or subunits pool their resources and cooperate and collaborate across role or subunit boundaries?
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information synergies
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Which of the following is most likely to help an organization align the interests of their talented employees with those of the organization?
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strong property rights
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________ technological change refers to the improvements that are continuously made to particular technologies over time.
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Incremental
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Which of the following tools is most likely to help managers develop a structured process for evaluating different new product development proposals and deciding which to support?
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stage-gate development funnel
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An organization in which innovation is going on at all hierarchical levels and across all functions and divisions is known as a collateral organization.
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False
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Which of the following tools is most likely to be used during project management?
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GANTT chart
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The most important determinant of the length of a product's life cycle is the rate of technological change.
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True
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Product team structure and matrix structure are especially suitable for managing innovation in high-tech organizations.
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True
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Which of the following statements is most likely to be true regarding the mature stage of a product life cycle?
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During the mature stage, demand for a product is typically replacement demand because incremental innovation has resulted in a new generation of the product
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The term "information efficiencies" represents the cost and time savings that occur when IT allows individual employees to perform their current tasks at a higher level, assume additional tasks, and expand their roles in the organization due to advances in the ability to gather and analyze data.
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True
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To speed innovation, many organizations have begun to ________.
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move decision-making to lower levels in the organization
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Intel's Pentium chip is an example of a(n) ________ innovation.
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Incremental
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The critical path method is generally used to identify the best marketing strategy for the product.
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False
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Which of the following types of property rights is typically used to protect the name of a product and any symbols or logos associated with it?
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Trademark
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Mobile computing devices, such as smartphones and tablet computers, are currently in the ________ stage of the product life cycle.
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Growth
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Interacting with individuals and groups outside the organization to obtain valuable information and knowledge from the environment is known as a ________ activity.
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boundary-spanning
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A skunk works is a temporary team that is created to expedite new product design and to promote innovation by coordinating the activities of functional groups.
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True
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