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Exam 17: Managing Technology and Innovation

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Question 51

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Which of the following methods of acquiring technology does Chris support?

A) Internal development
B) Licensing
C) Contracted development
D) Purchase
E) Research partnership

F) None of the above
G) B) and C)

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Question 52

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Briefly describe the five groups of adopters of a new technology.

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Question 53

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BrightPower Inc.'s new solar-cell technology would be an example of a(n) _____ technology.

_____ technologies have yet to prove their full value but have the potential to alter the rules of competition by providing significant advantage.

Time machines are a staple of science fiction novels and movies, but there aren't any businesses trying to develop one. The main reason is the lack of _____.

A hybrid _____ firm needs to stay technologically competitive but tends to allow others to demonstrate solid demand in new arenas before it responds.

Which of the following is considered an enemy of technological innovation?

_____ firms have cultures that are the most outward-looking and opportunistic in their approach to technological innovation.

Base technologies are those that

Sunrise Solutions has developed a grammar-checking program that is better able to account for the idiosyncrasies of the way humans use language. Publishers have found the program effective, but it still has not caught on within the business community. What type of technology is this?

Who among the following adopters of a new technology are more skeptical of technological change and approach innovation with great caution?

SurePhone Inc. plans to make a new mobile phone that would use a retina scanner to unlock the phone. However, the company does not implement the plan as it realizes that the costs involved are too high. Which of the following factors while making a technology decision has SurePhone Inc. taken into consideration?

In assessing external technological trends, benchmarking and scanning are similar in that both are concerned with

Carly's company is considering adopting a new information technology. Because the information technology managers of the company are not yet familiar with the technology, they would most likely consult with someone from which of the following groups to help determine the suitability of technology?

The situation in which a simple application is adopted at the lower end of the market and then swiftly takes over the market is referred to as ____.

TeleSono Inc. has developed a useful cell-phone technology that has yet to prove its full value. This is an example of a(n) _____ technology.

Which of the following is an advantage of technology leadership?

Broadly speaking, _____ can be thought of as the commercialization of science.

Of the adopters of new technologies, the members of early majority

For years, TXA Corp. wanted to develop a face recognition system that clients could buy to improve their security systems. The managers of the company evaluated the product's market potential, economic viability, and anticipated capability development, which were all very strong. However, TXA Corp. was unable to make a successful product. The key factor that the company failed to adequately assess in making technology decisions was the product's technological ____.