The Innovation Dilemma Known As Seeds Versus Weeds Refers To

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The Innovation Dilemma Known As Seeds Versus Weeds Refers To

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______________ refers to efforts to create designs and applications of technology to develop new products, while ______________ refers to efforts to improve the efficiency of organizational systems such as manufacturing and operations.

A. , Radical innovation; incremental innovation

B. , Breakthrough innovation; instrumental innovation

C. , Product innovation; process innovation

D. , Product innovation; service innovation

C. , Product innovation; process innovation

Whereas ______________ are often associated with a low cost leader strategy, ______________ are frequently an important aspect of a differentiation strategy.

A. , process innovations; product innovations

B. , product innovations; service innovations

C. , radical innovations; instrumental innovations

D. , marketing innovations; management innovations

A. , process innovations; product innovations

Incremental innovations _____________.

A. , are usually highly disruptive

B. , usually represent technological breakthroughs

C. , are usually small improvements in products and processes

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D. , nearly always can be patented

C. , are usually small improvements in products and processes

Radical innovations _____________.

A. , often result in quick profits

B. , often represent technological breakthroughs

C. , usually apply to products and processes simultaneously

D. , usually cannot be patented

B. , often represent technological breakthroughs

______________ produce fundamental changes that can transform a company or even revolutionize an industry, while ______________ enhance existing practices and often represent evolutionary applications of fundamental breakthroughs.

A. , Technological breakthroughs; product-market breakthroughs

B. , New technologies; new paradigms

C. , Incremental innovations; radical innovations

D. , Radical innovations; incremental innovations

D. , Radical innovations; incremental innovations

Innovations that extend sales in an existing market, usually by enabling new products or services to be sold at higher margins are known as _____________.

A. , radical innovations

B. , disruptive innovations

C. , technology innovations

D. , sustaining innovations

D. , sustaining innovations

Which of the following is not characteristic of a disruptive innovation?

A. , It is usually more sophisticated technologically.

B. , It appeals to less demanding customers.

C. , It is typically a less expensive solution for meeting a need.

D. , It usually takes root in a new market or the low-end of an existing market.

A. , It is usually more sophisticated technologically.

Which of the following is not a dilemma faced by corporations trying to manage the innovation process?

A. , launching incremental rather than preemptive innovations

B. , emphasizing marketing over management innovations

C. , preferring experience over initiative

D. , choosing internal rather than external staffing

B. , emphasizing marketing over management innovations

The innovation dilemma known as building capabilities versus collaborating refers to _____________.

A. , developing innovation skills internally versus partnering with qualified outsiders

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B. , building innovative products in-house versus outsourcing

C. , building credibility by launching products ahead of potential collaboration partners

D. , launching a product incrementally

A. , developing innovation skills internally versus partnering with qualified outsiders

The innovation dilemma known as seeds versus weeds refers to _____________.

A. , choosing to pursue radical rather than incremental innovations

B. , choosing to pursue product rather than process innovations

C. , promoting organizational stars onto innovation teams rather than involving all employees in innovation efforts

D. , choosing to pursue investment in one innovative idea over another

D. , choosing to pursue investment in one innovative idea over another

Creative intelligence involves the ability to see patterns in data, integrating data, and making insights. Which of the following are the four patterns of action managers should take in order to develop more creative and higher potential innovations?

A. , observing, experimenting, cataloging, and networking

B. , questioning, observing, integrating, and networking

C. , questioning, observing, experimenting, and networking

D. , observing, experimenting, cataloging, and integrating

C. , questioning, observing, experimenting, and networking

Individuals with highly innovative DNA traits have the ability to connect seemingly unrelated questions, problems, and ideas from different fields that allows them the opportunity to creatively see opportunities others miss. This is referred to as _____________.

A. , associating

In the 1990s, DuPont used its knowledge of plastics to develop biodegradable plastic products. This is an example of _____________.

A. , focusing on process rather than product innovation

B. , defining its innovation efforts within the context of its strategic envelope

C. , radical innovation

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D. , public relations, since plastics are not biodegradable

B. , defining its innovation efforts within the context of its strategic envelope

Which of the following is not an advantage of collaborating with strategic partners in order to innovate?

A. , obtaining skills and new knowledge from outside sources

B. , making firms identify their own strengths and weaknesses

C. , managers clarifying what an innovation project requires to be successful and who will accomplish it

D. , decreasing economies of scale

D. , decreasing economies of scale

McGrath and Keil researched the types of human resource management practices that effective firms use to capture value from their innovation efforts. Which of the following is not one of their findings?

A. , Create innovation teams with experienced players.

B. , Require that employees serve in the new venture group as part of their career climb.

C. , Transfer people to mainstream management positions after they have experience in the new venture group.

D. , Integrate the performance of individuals with the performance of the innovation.