Question 1

Which of the following groups of adopters of a new technology includes well-respected opinion leaders or organizations to which others look for ideas and up-to-date technological information?

Accepted Answer

A)  Early adopters
B)  Late majority
C)  Innovators
D)  Early majority
E)  Laggards A

Question 2

Frontline Technology Corp. is an example of

Accepted Answer

A)  a laggard.
B)  an intrapreneur.
C)  the late minority.
D)  an early adopter.
E)  the late majority.

Question 3

Total Technology Corp. is looking for a simple and cost-effective way of acquiring a commercially available new technology for its present venture. Which of the following methods should the company first consider for the purpose?

Accepted Answer

A)  Licensing the technology.
B)  Developing the technology internally.
C)  Purchasing the technology.
D)  Buying the company that owns the technology.
E)  Developing the technology through research partnerships. C

Question 4

Technology followership can be used to support

Accepted Answer

A)  only a low-cost strategy.
B)  only a differentiation strategy.
C)  both low-cost and differentiation strategies.
D)  scale economies but not economies of scope.
E)  economies of scope but not scale economies.

Question 5

An approach to job design that attempts to redesign tasks to optimize operation of a new technology while preserving employees' interpersonal relationships and other human aspects of the work is called a(n)

Accepted Answer

A)  technology audit.
B)  development project.
C)  sociotechnical system.
D)  sociological innovation.
E)  ergonomic approach.

Question 6

Which of the following groups of adopters of a new technology is exemplified by Clear Insight Corp.?

Accepted Answer

A)  Laggards
B)  Late majority
C)  Early majority
D)  Early adopters
E)  Innovators

Question 7

Discuss organizational suitability when deciding on technology innovations.

Accepted Answer

The answer of Discuss organizational suitability when deciding on technology...

Question 8

The systematic application of scientific knowledge to a new product, process, or service is called ____.

Accepted Answer

A)  instrumentality
B)  benchmarking
C)  technology
D)  collaboration
E)  job enrichment

Question 9

Which of the following will best help an organization decide if the time is right to adopt a new technology?

Accepted Answer

A)  Calculating liability ratios
B)  Calculating leverage ratios
C)  Balancing the year-end budget
D)  Doing a cost-benefit analysis
E)  Taking an employee survey D

Question 10

Explain the three types of innovation and give examples of each.

Accepted Answer

The answer of Explain the three types of innovation and...

Question 11

The executive in charge of information technology strategy and development is the

Accepted Answer

A)  executive champion.
B)  information resource officer.
C)  strategic champion.
D)  technology innovator.
E)  chief information officer.

Question 12

Which of the following methods of acquiring technology does Jason support?

Accepted Answer

A)  Internal development
B)  Licensing
C)  Contracted development
D)  Purchase
E)  Research partnership

Question 13

In most situations, the simplest, easiest, and most cost-effective way to acquire new technology is to

Accepted Answer

A)  purchase it.
B)  develop it internally.
C)  license it for a fee.
D)  develop it through research partnerships.
E)  purchase the owner of the technology.

Question 14

Unlike those who seek technology leadership, followers can gain a significant learning advantage that can be sustainable.

Accepted Answer

A) True 
 B)False

Question 15

If a new technology is theoretically possible but economically impractical, the technology will probably not emerge.

Accepted Answer

A) True 
 B)False

Question 16

_____ technologies have proved effective, but they also provide a strategic advantage because not everyone uses them.

Accepted Answer

A)  Base
B)  Emerging
C)  Key
D)  Elevated
E)  Pacing

Question 17

Smith Technology Systems Corp. is an example of

Accepted Answer

A)  a laggard.
B)  an innovator.
C)  the early majority.
D)  an early adopter.
E)  the late majority.

Question 18

Joanna has developed and patented a new process for recycling discarded tires. A multinational corporation has expressed an interest in buying her company in order to gain access to the technology and keep it exclusively for itself. Should Joanna sell her company, the buyer will have acquired technology via

Accepted Answer

A)  acquisition of the technology owner.
B)  a joint venture.
C)  a licensing agreement.
D)  contracted development.
E)  purchase.

Question 19

Flightera Inc. is in the process of deciding whether to develop a new automatic guidance system for its quadcopters or to get it from another company that specializes in that area. This is an example of a

Accepted Answer

A)  make-or-buy decision.
B)  licensing decision.
C)  trade-off decision.
D)  SWOT analysis.
E)  benchmark analysis.

Question 20

In Scenario E, Vitaly can be referred to as a(n)  ____.

Accepted Answer

A)  product champion
B)  technical innovator
C)  executive champion
D)  entrepreneur
E)  intrapreneur

Exam 17: Managing Technology and Innovation

Which of the following groups of adopters of a new technology includes well-respected opinion leaders or organizations to which others look for ideas and up-to-date technological information?

Correct Answer
verified
A

Frontline Technology Corp. is an example of

Correct Answer
verified

Total Technology Corp. is looking for a simple and cost-effective way of acquiring a commercially available new technology for its present venture. Which of the following methods should the company first consider for the purpose?

Correct Answer
verified
C

Technology followership can be used to support

Correct Answer
verified

An approach to job design that attempts to redesign tasks to optimize operation of a new technology while preserving employees' interpersonal relationships and other human aspects of the work is called a(n)

Correct Answer
verified

Which of the following groups of adopters of a new technology is exemplified by Clear Insight Corp.?

Correct Answer
verified

Discuss organizational suitability when deciding on technology innovations.

Correct Answer
verified

The systematic application of scientific knowledge to a new product, process, or service is called ____.

Correct Answer
verified

Which of the following will best help an organization decide if the time is right to adopt a new technology?

Correct Answer
verified
D

Explain the three types of innovation and give examples of each.

Correct Answer
verified

The executive in charge of information technology strategy and development is the

Correct Answer
verified

Which of the following methods of acquiring technology does Jason support?

Correct Answer
verified

In most situations, the simplest, easiest, and most cost-effective way to acquire new technology is to

Correct Answer
verified

Unlike those who seek technology leadership, followers can gain a significant learning advantage that can be sustainable.

Correct Answer
verified

If a new technology is theoretically possible but economically impractical, the technology will probably not emerge.

Correct Answer
verified

_____ technologies have proved effective, but they also provide a strategic advantage because not everyone uses them.

Correct Answer
verified

Smith Technology Systems Corp. is an example of

Correct Answer
verified

Correct Answer
verified

Flightera Inc. is in the process of deciding whether to develop a new automatic guidance system for its quadcopters or to get it from another company that specializes in that area. This is an example of a

Correct Answer
verified

In Scenario E, Vitaly can be referred to as a(n) ____.

Correct Answer
verified

Exam 17: Managing Technology and Innovation

Which of the following groups of adopters of a new technology includes well-respected opinion leaders or organizations to which others look for ideas and up-to-date technological information?

Correct AnswerverifiedA

Frontline Technology Corp. is an example of

Correct AnswerverifiedShow Answer

Total Technology Corp. is looking for a simple and cost-effective way of acquiring a commercially available new technology for its present venture. Which of the following methods should the company first consider for the purpose?

Correct AnswerverifiedC

Technology followership can be used to support

Correct AnswerverifiedShow Answer

An approach to job design that attempts to redesign tasks to optimize operation of a new technology while preserving employees' interpersonal relationships and other human aspects of the work is called a(n)

Correct AnswerverifiedShow Answer

Which of the following groups of adopters of a new technology is exemplified by Clear Insight Corp.?

Correct AnswerverifiedShow Answer

Discuss organizational suitability when deciding on technology innovations.

Correct AnswerverifiedShow Answer

The systematic application of scientific knowledge to a new product, process, or service is called ____.

Correct AnswerverifiedShow Answer

Which of the following will best help an organization decide if the time is right to adopt a new technology?

Correct AnswerverifiedD

Explain the three types of innovation and give examples of each.

Correct AnswerverifiedShow Answer

The executive in charge of information technology strategy and development is the

Correct AnswerverifiedShow Answer

Which of the following methods of acquiring technology does Jason support?

Correct AnswerverifiedShow Answer

In most situations, the simplest, easiest, and most cost-effective way to acquire new technology is to

Correct AnswerverifiedShow Answer

Unlike those who seek technology leadership, followers can gain a significant learning advantage that can be sustainable.

Correct AnswerverifiedShow Answer

If a new technology is theoretically possible but economically impractical, the technology will probably not emerge.

Correct AnswerverifiedShow Answer

_____ technologies have proved effective, but they also provide a strategic advantage because not everyone uses them.

Correct AnswerverifiedShow Answer

Smith Technology Systems Corp. is an example of

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Flightera Inc. is in the process of deciding whether to develop a new automatic guidance system for its quadcopters or to get it from another company that specializes in that area. This is an example of a

Correct AnswerverifiedShow Answer

In Scenario E, Vitaly can be referred to as a(n) ____.

Correct AnswerverifiedShow Answer

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A

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C

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D

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