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WorksheetsST 311- Techno 3A- Recap MidTerm Exam
Total questions: 10
Worksheet time: 5mins
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
It is a new or improved product or process discovered as a result of study or experimentation.
Innovation
Creativity
Invention
Business idea
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
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
On-time-dependent transactions do not require the presence of the service worker at the exact moment when the customer requests service.
TRUE
FALSE
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
It is a practice of consistently converting good ideas into profitable commercial ventures using technology and innovation (Jubilo, 2018).
(a)
It is the act of turning new and imaginative ideas into reality
(a)
Defined as an emerging business entity with exploitation of technologies and transforming such technologies into new products or services for rapid business growth and development.
(a)
A way of generating ideas by decomposing a problem into sub-problems and listing, in a matrix, all the factors pertaining to it (mince). Each possible combination represents the basis for the generation of new ideas (mix).
Ideation
Brainstorming
A Morphological Approach
Synectics
