QUIZ DDWG1213 TYPES & PATTERN OF INNOVATION TECHNOLOGY

Product innovations are more visible than process innovations.

• TRUE

• FALSE

In the context of s-curves in technological improvement, performance improvement in the early stages of a technology is rapid.

• TRUE

• FALSE

Technologies always get the opportunity to reach their performance limits before being replaced by a new technology.

• TRUE

• FALSE

Technology diffusion curve is s-shaped because adoption is initially fast when a new technology is introduced to the market.

• TRUE

• FALSE

Among the various adopter categories, innovators have the greatest potential for opinion leadership.

• TRUE

• FALSE

The last 16 percent of the individuals in a social system to adopt an innovation are termed as late majority.

• TRUE

• FALSE

According to Anderson and Tushman, in the era of ferment, firms focus on efficiency and market penetration.

• TRUE

• FALSE

Which of the following is most clearly an example of process innovation?

• A donut chain develops a method that enables donuts to be baked in 15 minutes rather than the standard 30 minutes.

• A company that manufactures canned soups introduces a line of canned soups with new flavors and seasonings.

• A major motion picture studio releases a new 3D movie.

• A tire manufacturer develops a tire that re-inflates itself instantly when punctured.

A bicycle manufacturing company adopted a new type of inventory management system. This inventory system improved the productivity of its manufacturing unit and the quality of the bicycles. This is an example of _____ innovation.

• product

• radical

• architectural

• process

Which of the following is considered a radical innovation?

• Introducing a range of cell phones with different colors and patterns on the cover

• Reducing the size and weight of a cell phone, to make it more compact and easier to carry

• Developing a cell phone that allows customers to scan the prices of the products in stores and make payments for their purchases

• Increasing the clarity of a cell phone’s camera by replacing the three megapixel camera with a five megapixel camera