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MGMT Principles of Management Study Set 1
Quiz 7: Innovation and Change
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Question 21
Multiple Choice
In _____, the old technology and several different new technologies fight to establish a new technological standard or dominant design.
Question 22
Multiple Choice
When significant improvements in performance can only be gained through radical new designs or new performance-enhancing materials, it is likely that a company is _____ in the S-curve pattern of innovation.
Question 23
Multiple Choice
Feldman Films is a company associated with photography. The development of the digital camera forced Feldman Films into the innovation stream because the new imaging process was a(n) _____.
Question 24
Multiple Choice
When an automobile manufacturer learned that it took longer than any other manufacturer to assemble a vehicle, it purchased newer, more flexible manufacturing systems to replace its older ones. Which stage of the technology cycle is illustrated in the scenario?
Question 25
Multiple Choice
Creativity was needed to improve efficiency without raising costs at an automobile maker. Over the last few years, the company has successfully implemented a creative engineering program that allows its plants to produce more than one type of car from the same assembly line. This successful change to a flexible manufacturing system is an example of ____.
Question 26
Multiple Choice
_____ is defined as the knowledge, tools, and techniques used to transform inputs into outputs.
Question 27
Multiple Choice
Nearly all technology cycles follow the typical _____ pattern of innovation.
Question 28
Multiple Choice
Organizational _____ is the successful implementation of creative ideas in organizations.
Question 29
Multiple Choice
In the typical S-curve pattern of innovation, increased effort (i.e., money, research and development) brings only small improvements in technological performance _____.
Question 30
Multiple Choice
The development of the DVD player was a source of _____ to companies in the movie industry just as VHS tapes had once been.
Question 31
Multiple Choice
A technology cycle occurs whenever there are major advances or changes in the _____ in a field or discipline.
Question 32
Multiple Choice
A technology _____ begins with the birth of a new technology and ends when that technology reaches its limits and dies as it is replaced by a newer, substantially better technology.
Question 33
Multiple Choice
During the last decade, there was an increase in sales in CDs, DVDs, pen drives, and portable hard discs, as people sought to replace their obsolete floppy discs. In terms of the technology cycle, this is an example of _____.