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Quiz 9: Managing Innovation and New Industrial Product Development
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Question 61
Not Answered
What are the differences between a sustaining and disruptive innovation? Explain the differences in creating new-growth businesses represented by sustaining innovations,low-end disruptions,and new market disruptions.
Question 62
Not Answered
Successful new product creation is a collective achievement that requires the energy and commitment of multiple functions in the organization.Often,however,managers who represent different functional areas hold sharply different views concerning the course that product development should take.Discuss the source of this conflict.
Question 63
Not Answered
Research indicates that the most significant and profitable innovations that many leading-edge firms have introduced in the past decade emerged from an informal championing effort rather than from a highly-structured planning system.What implications does this raise for structuring the new product development process,for motivating and rewarding employees,and for nurturing creativity and risk-taking?
Question 64
Not Answered
Research has isolated certain determinants of new product success in the business market.What factors are most important in determining the success of a new industrial product?
Question 65
Short Answer
A small number of highly influential and high-volume buying organizations that are consistent early adopters of new technologies that deserve special attention are known as ____________________.