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MGT0006- Innovation

Authored by Mahnoush Gharehdash

Business

University

Used 3+ times

MGT0006- Innovation
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For ___________ the advantages associated with innovation include higher and sustainable profits, the ability to challenge competitors and to offer value-added to the customer in the form of improved quality, lower price and greater choice.

national economies

the individual firm

society

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Improved transport systems, health care and education represent advantages associated with innovation for ___________.

society

the individual firm

national economies

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In terms of the national systems of innovation approach, the role of the firm does not concern which of the following?

The extent of competition both nationally and internationally

R&D strategies and investment in R&D

Collaboration with other firms

Patterns of ownership

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In terms of the relationship between organizational size and innovation, which of the following arguments for small firms is incorrect?

They spend more on R&D as a proportion of total sales and employ proportionately more staff in R&D

They feature more predominantly where risk is high, because they can spread risk more easily and are better placed to attract government support and bank loans

They have a higher R&D intensity in terms of the relationship between R&D expenditure and sales

They are more flexible and adaptive, less bureaucratic and closer to the customer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

. In ___________ strategies research and development is viewed as a central part of operations, with a strong commitment to basic research, technical leadership and a willingness to takes risks with comparatively large investments

first-to-the-market

free-rider

follower

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paradigm shift innovations

change the nature of markets and societies

change the nature of a product or process

modify and improve on existing products and processes

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The creation of a new divisional structure in order to control international operations more effectively and to gain competitive advantage would represent an example of a ___________ innovation

product

technology

process

organization

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