All Quizes (All correct answers) NETW583 2018 May

NETW583 Week 1 Quiz Latest 2018 May

Question 1

Firm A imposes a negative externality on the community member when the company donates money and resources to local organizations.

True

False

Question 2

Many firms receive almost one-third of their sales and profits from products developed within the past five years.

True

False

Question 3

Technological innovation has no important effects on society, GDP, communication and mobility, and medical treatments are not changed.

True

False

Question 4

While government plays a significant role in innovation, industry provides the majority of R&D funds that are ultimately applied to technological innovation.

True

False

Question 5

Successful innovation does not require an in-depth understanding of the dynamics of innovation, semi-crafted innovation strategy, and semi-developed processes for implementing the innovation strategy.

True

False

Question 6

Firm B’s new production line is considered a radical innovation because it is old and not different from prior solutions.

True

False

Question 7

Firm C practices incremental changes in its products by making major changes to product features.

True

False

Question 8

Firm D’s modular innovation did not affect the overall configuration of its new radar system.

True

False

Question 9

Firm E’s product became the dominant design although its product was adopted by a few key producers and its architecture was not stable.

True

False

Question 10

Firm F, major player, found Firm G’s, new player, radical innovation to be competence-enhancing as Firm F’s technology was rendered obsolete overnight.

True

False

NETW583 Week 2 Quiz Latest 2018 May

Question 1

Innovations created by users are usually not motivated by profit.

True

False

Question 2

Innovation only arise from large firms with a large number resources and services.

True

False

Question 3

Firm A used the intranet to share employee’s ideas outside of the company.

True

False

Question 4

Firm B, a widget maker, collaborates with Firm C, a complementor, to produce widget holders.

True

False

Question 5

0 / 1 pts

Firm D uses tacitknowledge which has many underlying components, or many interdependencies between those components, or both.

True

False

Question 6

Private nonprofit organizations do not really contribute to innovation activity in a variety of complex ways.

True

False

Question 7

In an attempt to create an agglomeration economy, Firm E built its widget shop in close proximity to Firm F to promote a geographical advantage.

True

False

Question 8

First-movers earn greater revenues than other entrants and face lower costs, so they earn higher profits in the long run.

True

False

Question 9

Firm G (an early follower) beat Firm H (a first mover) to market with its widget to cure baldness.

True

False

Question 10

Firm I (a first mover) experienced incumbent inertia because the company was stuck with its earlier production system while Firm J (a later entrant) adopted a more efficient production process.

True

False

NETW583 Week 3 Quiz Latest 2018 May

Question 1

0 / 1 pts

Scenario: Firm A is now focusing their efforts on improving their efficiency in manufacturing, delivering, marketing, or deployment, rather than continuing to develop and consider alternative designs.

This an example of dominant design.

True

False

Question 2

Scenario: Firm A uses past learning experiences to recognize patterns, assimilate information, and eventually use that knowledge to complete tasks.

This an example of absorptive capacity.

True

False

Question 3

Match the following:

Installed base

Complementary goods

Question 4

Decreasing returns can lead to winner-take-all markets where one or a few companies capture nearly all the market share.

True

False

Question 5

Scenario: Firm A focuses on niche markets, but Firm B dominates the market with a single design.

This an example of network externalities.

True

False

Question 6

Match the following:

Patent

Trademark

Copyright

Question 7

Scenario: Firm A gets a patent granted to protect its product in the United States. Now Firm A can immediately take its product to France and begin production.

True

False

Question 8

Scenario: Firm A buys a bundle of patents from a financially need company to deter patent attacks from others.

This an example of patent trolling.

True

False

Question 9

Wholly proprietary systems are more likely to be adopted by customers as a result of their lower costs and ability to mix and match components.

True

False

Question 10

Diffusing a technology allows a firm with inadequate resources to determine the structure and operation of the technology, and its compatibility with other goods and services.

True

False

NETW583 Week 5 Quiz Latest 2018 May

Question 1

Firm A is large and inflexible, so management decides to break the company into smaller sub-units. Firm A has been disaggregated.

True

False

Question 2

Firm B wants all business decisions to come from top levels of the company, so the company decentralized its structural dimensions.

True

False

Question 3

Firm C uses standardization to ensure quality levels are met. However, standardization can also stifle innovation within the company.

True

False

Question 4

Firm D is considered to be an ambidextrous organization because it has a complex structure that allows the company to behave almost as two different organizations.

True

False

Question 5

Firm E uses a local-for-local strategy since all innovation activities are conducted in a centralized hub.

True

False

Question 6

Firm G is known to have several alliances, so the company is cautious about forming many collaborative relationships.

True

False

Question 7

Firm H licensed its technology to Firm I, a bigger company, in order to allow its technology to penetrate markets they cannot easily enter.

True

False

Question 8

Firm J’s alliances can enhance the firm’s overall level of flexibility.

True

False

Question 9

Firm M has no desire to collaborate with other firms to ensure they maintain complete control over their development processes and any subsequent new technologies.

True

False

Question 10

Firm N setups an equity ownership with Firm O where both firms split a percentage of the proceeds from the alliance.

True

False

NETW583 Week 6 Quiz Latest 2018 May

Question 1

Firm A has a long development cycle this allows the company to take advantage of both first-mover and second-mover advantages.

True

False

Question 2

Firm B wanted to shorten its overall development cycle, so the company adopted a partly parallel development process.

True

False

Question 3

Firm C used crowd sourcing to privately work on its heavily guarded technological innovation.

True

False

Question 4

Firm D used go/kill decision points to reduce the probability of pushing a bad project forward from it development process.

True

False

Question 5

Firm E knows that its development effort only needs to be effective to control development costs.

True

False

Question 6

Firm A reduced the chances of social loafing on its teams because the company limits the size of their product development teams.

True

False

Question 7

Firm B pulls employees from only one business group within the company to create a cross-functional team to work on a new product.

True

False

Question 8

Virtual teams allow Firm C’s employees to work and collaborate from multiple locations across the country.

True

False

Question 9

Firm D knows that heterogeneous teams may require long-term contact and incentives to foster communication and cooperation.

True

False

Question 10

Firm E uses its team leaders to direct the team’s activities, maintain team alignment with project goals, and serve as a communicator between the team and senior management.

True

False

NETW583 Week 7 Quiz Latest 2018 May

Question 1

Firm A’s flag ship product is being cannibalized because their sales started dropping after they released a new product in a similar category.

True

False

Question 2

None of Firm B’s products are backward compatible, so all of its products will work with previous generations.

True

False

Question 3

To ensure that Firm C used good penetration pricing, the firm set the prices as high as possible to peak customer interest.

True

False

Question 4

Firm D gave away its base package using the Freemium model, but in six months they plan to contact their subscribers and offer additional services for a fee.

True

False

Question 5

Firm E, a wholesaler, usually depends on manufactures’ representatives to sell their goods to the general public.

True

False

Question 6

Firm A, an Original equipment manufacturer (OEM), is also known as a value-added reseller (VAR).

True

False

Question 7

Disintermediation is caused when Firm C, a manufacture, directly sells to customers and bypass a retailer like Firm D.

True

False

Question 8

Firm D should take in account both the nature of the innovation and the nature of the customer when designing its marketing plan.

True

False

Question 9

Firm A will decelerate distribution of its innovation by forging relationships with distributors, bundling the good with others.

True

False

Question 10

Firm B can manipulate the customer’s perception of the product’s price through the timing of when the price is paid.

True

False