
ST 311- Techno 3A- Recap MidTerm Exam
Authored by RAINER RONDERO
Business
3rd Grade
Used 3+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This vertical integration of the research function meant that firms that could not afford such research were at a disadvantage.
Open Innovation Paradigm
Research and Development Concept
Internal Ventures
Closed Innovation Method
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a new or improved product or process discovered as a result of study or experimentation.
Innovation
Creativity
Invention
Business idea
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Resources are economic or productive factors required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcomes. There are three most basic resources. Which of the following is not part of it?
Labor
Machine
Land
Capital
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Chesbrough, the erosion of closed innovation paradigm was due to the following factors except:
Internal options for unused technologies
Increased availability of highly-capable outsourcing partners
Expansion of venture capital
Increased mobility of skilled workers
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
On-time-dependent transactions do not require the presence of the service worker at the exact moment when the customer requests service.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
E-services is the idea that the World Wide Web is moving beyond e-business and e-commerce in completing sales on the Web into a new phase where many business services can be provided for a business or consumer using the Web.
FALSE
TRUE
7.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
It is a practice of consistently converting good ideas into profitable commercial ventures using technology and innovation (Jubilo, 2018).
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