Question 1

Digital innovation is a new phenomenon which first appeared in the 21^st century.

Accepted Answer

Digital innovation has been occurring for decades, with significant developments in computing and digital technology happening throughout the 20th century, such as the creation of the internet, personal computers, and mobile phones.

Question 2

Which of these is NOT an example of digital innovation?&#10;A) Apps for ride sharing&#10;B) Online banking&#10;C) Cinnamon-infused craft beer&#10;D)Online auctions (like eBay)

Accepted Answer

Cinnamon-infused craft beer is not an example of digital innovation because it is a product innovation in the food and beverage industry, not a technological or digital advancement.

Question 3

Digital innovation is only applicable in manufacturing sectors since it deals with controls, robots and automation.

Accepted Answer

Digital innovation applies across various sectors including healthcare, finance, education, and retail, not just in manufacturing. It encompasses a wide range of technologies beyond controls, robots, and automation, such as artificial intelligence, blockchain, and cloud computing, to improve processes, products, and services.

Question 4

Which of these is NOT a feature of online collaborative platforms for innovation support?&#10;A) Ideation support - offering open gateway for people to contribute their ideas&#10;B) Evaluation through the use of internal voting, idea markets and other ways to 'crowdsource' judgements on which projects to work on&#10;C) Campaigns focussing 'sprint' efforts towards solving particular strategic problems&#10;D) Knowledge management, capturing and synthesising all information form the platform, finding patterns and enabling linkages and redeployment of knowledge elsewhere in the organization&#10;E) Payroll and employee career development

Accepted Answer

Online collaborative platforms for innovation support are designed to facilitate ideation, evaluation, focused campaigns, and knowledge management. They are not typically used for payroll and employee career development, which are functions of human resources management systems.

Question 5

Knowledge management is primarily concerned with the construction and maintenance of patent databases.

Accepted Answer

Knowledge management encompasses a broader scope, including the creation, sharing, use, and management of an organization's knowledge and information, not just the construction and maintenance of patent databases.

Question 6

'Crowdsourcing' of ideas can be used to support innovation. Which of these is NOT an option?&#10;A) Innovation contests, drawing in a wide range of ideas as inputs to specific innovation challenges&#10;B) Innovation markets where seekers of solutions can be matched with potential solvers&#10;C) Innovation communities where shared experiences, ideas and experiments can create shared knowledge&#10;D) Trade union organization and representation

Accepted Answer

Trade union organization and representation is not typically associated with the concept of crowdsourcing for innovation. Crowdsourcing involves gathering ideas, solutions, or contributions from a large group of people, particularly from an online community, rather than from traditional employees or suppliers. Trade unions, on the other hand, focus on labor rights, negotiations, and representation of their members' interests rather than on sourcing ideas for innovation.

Question 7

Collaborative innovation platforms are only used to engage and crowdsource ideas from employees within large organizations.

Accepted Answer

Collaborative innovation platforms are also used to engage customers, partners, and other external stakeholders, not just employees within organizations, to crowdsource ideas and foster innovation.

Question 8

Which of these is NOT a digital platform business?&#10;A)Netflix&#10;B)Starbucks&#10;C)Amazon&#10;D)Apple

Accepted Answer

Starbucks, while it utilizes digital technology for its app and rewards program, is primarily a coffee company and retailer, not a platform business in the same sense as Netflix, Amazon, or Apple, which connect users with content, products, or services through their digital platforms.

Question 9

Which of the following tools is NOT a digitally based support mechanism for innovation management?&#10;A) 3D printing and prototyping&#10;B) Netnography, using online communities to provide market research information&#10;C) Collaborative platforms to crowdsource employee suggestions&#10;D) Quality function deployment

Accepted Answer

Quality function deployment is a method used to transform user demands into design quality, to deploy the functions forming quality, and to deploy methods for achieving the design quality into subsystems and component parts, and ultimately to specific elements of the manufacturing process. It is not inherently a digital tool, unlike the other options which are based on digital technologies.

Question 10

Digital innovation is primarily concerned with using advanced computer design tools to create and visualise new products

Accepted Answer

Digital innovation encompasses a broader scope, including the application of digital technology to improve processes, enhance customer experiences, and develop new business models, not just the use of computer design tools for product visualization.

Question 11

Which of the following are factors often associated with successful innovating organizations? (Several choices may be correct.)&#10;A) Large size&#10;B) Rich external linkages and networks&#10;C) Supportive organizational climate with structures and incentives for innovation&#10;D) Mechanisms for strategic selection of innovation options&#10;E) Large market share&#10;F) Age of the firm-the older the better

Accepted Answer

The answer of Which of the following are factors often...

Question 12

Innovation can only happen in the private sector because the public sector is not concerned with making profits or competition between firms.

Accepted Answer

The answer of Innovation can only happen in the private...

Deck 1: The Innovation Imperative and Digital Is Different