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Review Test Submission: Week 11 Final Exam Content User Walter Powell Course Tech & Innov in Entrepreneursh Test Week 11 Final Exam Status Completed Attempt Score 144 out of 150 points Time Ela... psed 1 hour, 6 minutes out of 2 hours Instructions This Final exam consists of 50 multiple choice questions and covers the material in Chapters 7, 8, 10, 11, 12, 15, 16, and 17. Results Displayed Submitted Answers, Correct Answers, Feedback  Question 1 3 out of 3 points Which of the following is NOT a strategy for picking up weak signals about discontinuities? Selecte d Answer : Competitor analysis and benchmarkin g of their products Correct Answer : Competitor analysis and benchmarkin g of their products Response Feedback:Good work  Question 2 3 out of 3 points Discontinuous shifts in technology always favor newcomer firms and established firms inevitably fail to take advantage of them. Selecte d Answer : Fals e Correct Answer : Fals e Response Feedback:Good work  Question 3 3 out of 3 points The growing success of low cost airlines in the travel market is an example of disruptive innovation. Selecte d Answer : Tru e Correct Answer : Tru e Response Feedback:Good work  Question 4 3 out of 3 points A dominant design is one imposed by the largest firm in a sector on the rest of that industry. Selecte d Answer : Fals e Correct Answer : Fals e Response Feedback:Good work  Question 5 3 out of 3 points The 'fluid' pattern in Abernathy and Utterback's model is characterized by incremental product and process innovation. Selecte d Answer : Fals e Correct Answer : Fals e Response Feedback:Good work  Question 6 3 out of 3 points The focus of innovation for sustainability is different to that of innovation for competitiveness, except for: Selecte d Answer : conservatio n, rather than change Correct Answer : conservatio n, rather than change Response Feedback:Good work  Question 7 3 out of 3 points Innovation in socio-technical systems has a number of distinctive characteristics which make it impossible to manage. Which of the following is not a characteristic of innovation in such systems? Selecte d Answer : Users' needs are less important than technolog y trends. Correct Answer : Users' needs are less important than technolog y trends. Response Feedback:Good work  Question 8 3 out of 3 points Identifying novel niches is more difficult than conventional marketing or new product development because: Selecte d Answer : Segmentatio n provides limited insights. Correct Answer : Segmentatio n provides limited insights. Response Feedback:Good work  Question 9 3 out of 3 points Which characteristics are not positively associated with the rapid diffusion and widespread adoption of an innovation? Selecte d Answer : Complexit y. Correct Answer : Complexit y. Response Feedback:Good work  Question 10 3 out of 3 points Innovation can contribute to sustainability in a number of ways. Which of the following is not an example of a positive contribution? Selecte d Answer : Faster replacemen t of obsolete products. Correct Answer : Faster replacemen t of obsolete products. Response Feedback:Good work  Question 11 3 out of 3 points Firms join innovation networks primarily to reduce their costs. Selecte d Answer : Fals e Correct Answer : Fals e Response Feedback:Good work  Question 12 3 out of 3 points Open innovation is Selecte d Answer : a model for organizin g the process where firms seek to source ideas from inside and outside Correct Answer : a model for organizin g the process where firms seek to source ideas from inside and outside Response Feedback:Good work  Question 13 3 out of 3 points A supplier development program involving a major buyer firm and several of its key suppliers offers an opportunity for establishing a learning network. Selecte d Answer : Tru e Correct Answer : Tru e Response Feedback:Good work [Show More]

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