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NETW 583 Midterm Exam (Version 2 – Essay) Question 1) What are some of the negative impacts the technological innovation has on society? How would you answer critics who cite the negative impacts o... f technological innovation? Question 2) Describe how the globalization of markets has affected the importance of innovation. Question 3) Explain how an understanding of the innovation funnel might influence a company’s view on research and development. Question 4) why is it that after a product has been on the market for a while and selling well, companies will lower the price. Question 5) CAD CAM helps create small product niche. Give examples of how a market with different niches uses CAD CAM. Question 6) Think about a product or service that you would innovate. What would you focus on? Question 7) Focus on something that you learned in class and tell why? [Show More]
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