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</html>";s:4:"text";s:28244:"What is the relationship between innovation and entrepreneurship? In a study from consulting firm Accenture, 96 percent of executives surveyed said that their organization's long-term success depends on developing new ideas. a. c. Improvements in quality lead to improvements in productivity, which in turn Which of the following statements are true about applications in Virtual Reality? Which of the following statements about cost-leadership is not true? a. <a href="https://study.com/academy/answer/which-of-the-following-statements-is-true-regarding-an-incremental-innovation-a-an-incremental-innovation-results-due-to-a-fundamental-shift-in-technology-that-revolutionizes-products-or-the-way-in-which-they-are-produced-b-as-compared-to-quantum-inno.html">Which of the following statements is true regarding an ...</a> Successful innovation allows a firm to extract temporary monopoly profits. OPTIONS. Which of the following statements about collaboration is not true? True b. Transcribed image text: Question 7 1 pts Which of the following statements about quality as a competitive advantage is true? a. leaders are concerned with stability. It is a forum for meeting with customers and directly involving them in the innovation process. a. A. Command economy creates greater incentives for innovation and entrepreneurship than a market economy. Innovation as a competitive weapon can simultaneously create and destroy value. The following statements all refer to difficulties that you may have had during the last 2 weeks. c. Leaders place great concern on innovation and change. The major innovation that Nietzsche's philosophy . See Page 1. (*) A piece of information can be shown multiple times on an ERD. Explanation: Information technology (IT) relates to use and maintenance of computers, software and networking systems so as to recover useful data or transmit data.Growth in information system has lead to an increase in innovation, which means performing a said task more efficiently and effectively. Asics, an acronym derived from the latin phrase, anima sana in corpore sano - a sound mind in a sound bodyStaying true to the philosophy by which it was founded, every asics innovation, every concept, every idea is intended to create the best productOur mission is to become the number one brand for the sports enthusiastTo accomplish this, we . In the context of organizational decline, which of the following is true of the crisis stage? b. traditional planning. D. In the following argument, which statements are premises? a) True b) False. B)Their potential for generating profits is uncertain. Indicate whether the following statement is true or false: Incubation is the stage of the creative process during which an idea is subjected to scrutiny and analyzed for its viability. They require a mixed economy. asked Jun 21 in Other by gaurav96 Expert (68.9k points) 0 votes. Select one: A. The CEO of an organization has legitimate power because of his or her role. Peter Drucker. It is an approach to reposition a company's products. c. Buying competitors' products and asking their own . 18A.1 The following true/false questions are based on section 18.1 "Introduction and the role of innovation" (METS-3: 376-378) of the textbook. Select one or more: a. b. Determine whether the following statement is true or fase. "I define innovation as executing new ideas to create value.". Alternatives: a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). True or False? Entrepreneurship takes innovation and turns it into a tangible opportunity or business. Which of the following statements is true regarding innovation in organizations?A) Organic structures negatively influence innovation.B) Interunit communication is low in innovative organizations.C) Short tenure in management is associated with innovation.D) Innovation is nurtured when there is an abundance of resources.E) Innovative organizations reward both successes and failures. which of the following statements about a company's strategy is false. This preview shows page 26 - 29 out of 53 pages. Description. She can tell time and do simple math, including multiplication and division. b) interunit communication is low in innovative organizations. If a country's economy is to sustain long-run economic growth, the business environment must restrict entrepreneurial activity. A. B) Interunit communication is low in innovative organizations. 15. False 7. Entrepreneurship is always based on innovation. C. Innovation has to be high-tech in order to be a potent competitive weapon. A person who holds such positions is called an antisemite.Antisemitism is considered to be a form of racism.. Antisemitism may be manifested in many ways, ranging from expressions of hatred of or discrimination against individual Jews to organized pogroms by mobs or . B) As compared to quantum innovations, incremental innovations are more likely to cause major changes in an environment. C)Newly-created products can be tested in the market before their release. A) An incremental innovation results due to a fundamental shift in technology that revolutionizes products or the way in which they are produced. C) Total quality management (TQM) is an example of an incremental innovation. 57) Which of the following statements is true about the e-business innovation cycle? Which of the following statements about collaboration is true? ? Which of the following statements is true regarding innovative organization? There can be innovation made to human resources, marketing, and a firm's infrastructure. 51. "Innovation is the creation, development and implementation of a new product, process or service, with the aim . Which one of the following statements is true? True or False? A It is difficult to quantify product innovation, as compared to process innovation (Choose Two) Mark for Review (1) Points (Choose all correct answers) You should not model derivable data. The more substitutes available for a resource, the higher the power level of the person possessing that resource. a.) ability to develop something original, particularly an idea or a representation of an idea, with an element of aesthetic flair. Since independence, the benefits of the increase in economic growth in India have trickled down to the people at the bottom of population pyramid. Which of the following statements is not true about innovation? A:Combining spinning and weaving in the same factory B:Seperating spinning and weaving to different factories C:Employing mainly formal African-American slaves for low wages D:Relying on the expertise of German Immigrants I think the answer is A 2.Which is an accurate description of a change that . 15. Companies lack the resources to fully change how they run their businesses. 1:Which of the following was a significant innovation of Lowell Mills that increased productivity? The 3 horizons model should only be used to set or challenge a growth strategy . (False) 15. As the innovator has strong IP protection and the product is not reliant on the assets, the innovator has a better chance of profiting. Competitive intelligence is ethical if competitor-related information is collected from sources accessible and available to the public. a. Successful innovation allows a firm to extract temporary monopoly profits. a) The higher the investment in innovation, the higher the return on innovation. People often get it confused with an innovation strategy framework, but that's incorrect. Which one of the following statements is true of competitive intelligence as a means of environmental scanning? Reason (R): Migration to other countries involves the cost from one place to another and the higher cost of living in the migrated places. Innovation is the process by which entrepreneurs consume marketable ideas. A) The vertical dimension of the cycle shows the life expectancy of a particular information technology, and the horizontal dimension shows time. We define VR as the experience "in which the user is effectively immersed in a responsive virtual world. C. Innovation has to be high-tech in order to be a potent competitive weapon. D. Marketing discourages research and innovation. (b) Innovation is an indication that will help the entrepreneur to understand the market and produce goods or provide services in sync with the market needs, demand and taste. Cultivating a Robust Organization: 5 Stages of the Innovation Process. Innovations always leads to entrepreneurship. 23) Which of the following statements regarding managers in today's world is accurate? 39. (*) A piece of information should only be found in one place on an ERD. The fair value of the options is $30 per share at the grant date. Currently he is also the director of Agora Center. A) An incremental innovation results due to a fundamental shift in technology that revolutionizes products or the way in which they are produced. MCE: Which one of the following statements best describes what we mean by innovation? d. Innovation is the government's responsibility. 57) Which of the following statements is true regarding innovation? A. Table 4.2 highlights the differences between these three concepts. The change in operations experienced by Beltip is most accurately termed as a (n) _____. State whether the following statements are 'true' or 'false'. c. Innovation does not involve change. (a) Environment scanning is required to convert an idea into an opportunity. Innovation requires putting students' ideas or solutions into practice in the real world. Please indicate, by ticking the appropriate box, how often the following statements have been true for you. 4. All of the following statements are true about innovation EXCEPT A) there are many risks associated with being an innovative company. To be successful, a competitive advantage does not have to be unique. A. Which of the following statements regarding managers and leaders is NOT true? Which of the following statements about innovations are correct? A cost leader can achieve above-average performance if it can command prices at or near the industry average. If S is a bounded set of real numbers, and S contains sup(S) and inf(S), then S is a closed interval. The more vital the resource you control, the greater the level of power you possess. State, giving valid reasons whether the following statements are true or false. A)Investment decisions are usually based on long-term metrics. 1 answer. B. A company must ignore costs when establishing a competitive advantage. How often during the last 2 weeks Answer: d.IT enables business success and innovation. a) organic structures negatively influence innovation. C. Government policy cannot influence the rate of innovation. (b) Innovation is an indication that will help the entrepreneur to understand the market and produce goods or provide services in sync with the market needs, demand and taste. 20) Innovation is confined to high-tech and other technologically sophisticated organizations. All four statements are true. true false is it true . 21) Management is universally needed in all organizations. which of the following statements is not true of the allied military strategy? Antisemitism (also spelled anti-semitism or anti-Semitism) is hostility to, prejudice towards, or discrimination against Jews. The percentage of sales from products introduced in the past three years can be used to measure the input to the innovation process. State whether the following statements are 'true' or 'false'. a. leaders are concerned with stability. 22) A portion of a manager's job, especially at lower organizational levels may entail duties that . D. State whether the following statements are true or false. Which of the following statements is true of market-creating innovations? Learner's answers: True. Managers in positions of authority generally cannot be part of the informal organisation Show Result . B. Which of the following statements is true of a customer innovation center? Which of the following statements pertaining to innovation and entrepreneurship is true? Give yourself 2 points for each correct answer 4. a -- 2 points 5. d -- 2 points . B. Beltip Corp. was forced to shut its operations in a country due to the outbreak of a civil war in that country. Innovation is exogenous to the economic system. Storage capacity is getting more expensive b. These . C. A high level of entrepreneurial activity leads to a low level of . Innovation as a competitive weapon can simultaneously create and destroy value. Innovation is the specific function of entrepreneurship. A. C) Total quality management (TQM) is an example of an incremental innovation. It can help you manage growth in a coordinated way. A. d. Managers are concerned with the best way to get the job done. Most business leaders recognize the value of innovation. 1. a -- 2 points 2. b. b. If time travel is possible, we will have lots of time-traveling visitors from the future. D Even though she's just 5 years old, Cindy Smart speaks five languages. B) As compared to quantum innovations, incremental innovations are more likely to cause major changes in an environment. Which of the following statements are true about ERD's? b. Which of the following statements about measuring value from innovation is correct? innovation is the government's responsibility c.) innovation is the process by which entrepreneurs consume marketable ideas d.) innovation does not involve change We have mechanisms to identify and encourage 'intrapreneurship' - if people have a good idea they don't have to leave the company to make it happen According to Plato, all of the following are true of forms EXCEPT: Choose one answer. The principal incentive for innovation does not appear to be related to profits. True b. E. All of the above are true statements. Which of the following statements is true regarding. D. None of the above. b. Answers: 1 on a question: Which of the following statements is true regarding innovation? 1 Answer to Which of the following statements is true about portfolios? The number of ideas submitted by employees can be used to measure the input to the innovation process. True or False? This implies user dynamic control of viewpoint." Who gave this definition in which year? (Check all that apply.) a) An incremental innovation results due to a fundamental shift in technology that revolutionizes products or the way . But loaded with some devices, Cindy is the first doll that can see, think, and do as she's told. The 3 horizons model is a growth strategy framework by McKinsey that you can use to think about the future of your company. A) The vertical dimension of the cycle shows the life expectancy of a particular information technology, and the horizontal dimension shows time. Portfolios usually show the finished product of growth. His examine field is innovation processes and service innovation. B. HomeCare Corp. is a manufacturer of household utilities. Innovation involves using new knowledge to transform organizational processes or create commercially viable products and services. B. . (2 pts) Which of the following statements is true regarding gene expression? a. Concept. If you cannot walk at all please tick Always/cannot walk at all. Most of the countries in Exhibit 2 have experienced negative economic growth in the last 2 years B. Innovation occurs when new combinations of ideas and information bring about positive change Sources of new knowledge include latest technology, results Which of the following statements about innovation are true? a. Select one: a. An organisation is owned and run by central government agencies. c) For R&D-intense product innovations, the costs are very high, particularly in the market introduction phase. d) innovation is nurtured when there is an abundance of resources. (True) 14. A) Organic structures negatively influence innovation. 11. It is unrealistic to think that the company can collaborate with its customers. Portfolios are quick and easy to make and evaluate. Innovation as a competitive weapon can simultaneously create and destroy value. Informal organisation can stimulate innovation. 13. C. Innovation has to be high-tech in order to be a potent competitive weapon. With respect to innovation, which of the following statements is true? 12) Radical Innovation is also called Breakthrough Innovation. Assertion (A): Expenditure on migration is a source of human capital formation. False 9. . The organisation is best described as which of the following statements? A. Which of the following statements about innovation is true? Which of the following statements is NOT true about innovation? 13) All of the following statements are false except: a) To be successful, entrepreneurs must be young just like those in the Silicon Valley. Which of the following statements is true? C. It is easy to evaluate portfolios reliably. Learner's answers: True. Innovation Capital 5. In most countries, the business sector is the biggest contributor towards Innovation Capital If true, provide a proof; if false, provide a counterexample. humanties a. View Answer . The first step is the association of mRNA with ribosomes C. Involves proofreading of the mRNA D. Prokaryotic RNA usually undergoes nuclear processing Which of the following statements is NOT true about innovation? 11. Which of the following statements about innovation is true? B. In this scenario, the party with the most bargaining power will be most likely to see profits. a. forms are accessible only to the intellect. 1 answer. Innovation. Collaboration occurs only within the boundaries of the organization. Human Capital Formation gives birth to innovation, invention and technological improvements. She's a good reader. Innovation does not always need to push the frontier − sometimes estab- lished ideas in one sector can represent powerful new directions for another. Innovation as a competitive weapon can simultaneously create and destroy value. b. True b. B. a. The 3' end of the mRNA corresponds to the carboxyl terminus of the protein. b. Successful innovation allows a firm to extract temporary monopoly profits. Innovation requires the students to convey their ideas to their peers. Sending an email is getting more expensive. C) Short tenure in management is associated with innovation. b) The company's innovation capacity depends, among others, on its core competences. One business benefit of collaboration is improved innovation. B. asked Apr 1 in Other by manish56 Expert (53.0k points) 0 votes. Which of the following statements is not true about innovation? e) innovative organizations reward both successes and failures. The following statements all refer to certain difficulties that you may have had during the last 2 weeks. A) It refers to the generation of new business ideas through input from employees beyond a company's R&D department and even going outside the firm to enlist contributions from experts, customers, suppliers, and competitors. Low cost can result from high productivity and high capacity utilization. Read More On 1/1/2013, a company grants 1,000 options to its CEO with an exercise price of $60 as compensation. c. Leaders place great concern on innovation and change. The cost of marketing is about 25 percent of the consumer's dollar. False 8. Disclosing your plans by collaborating with potential investors in your firm is not a good idea. A. A. geography. D. Process innovations are made possible through advances such as the Internet. B. They require state ownership of means of production. Successful innovation allows a firm to extract temporary monopoly profits. a) True b) False. An innovation can be a source of a competitive advantage. Copying and imitating others is not a source of innovation. Innovation requires the students to create something new. Which of the following statements is true about innovations and entrepreneurship? C. Innovation has to be high-tech in order to be a potent competitive weapon. It is used in the business analysis stage of the new-product development process. Which of the following statements is true regarding an incremental innovation? Managers focus on doing things right. innovation is the specific function of entrepreneurship b.) Business collaboration relies on the formation of teams that are assigned a specific task or goal. d. Managers are concerned with the best way to get the job done. C) Short tenure in management is associated with innovation. Managing the Company of the Future 4.8 Stars (2,426 ratings) Instructor: Julian Birkinshaw Enroll Now Here you will find all the questions and quiz answers related to "Managing the Company of the Future Quiz Answers" N.B. The stock price is $60 on the grant date. Which of the following statements, if true, would BEST explain why the information in Exhibit 2 is important for the team? (a) Environment scanning is required to convert an idea into an opportunity. The main difference between closed innovation system and open innovation system is that in the first there are no sufficient resources to develop new ideas and in the second a broader market can be achieved by taking advantage of the investment in R&D and the usage of both internal/external resources a) true b) false Cindy looks like an average doll, with long, blond hair, baby-blue eyes, and a button nose. What is Innovation? They are actually not really related, but can be seen as independent from each other. The carboxyl terminus of the organization requires putting students & # x27 ; s.! Is for Innovation. < /a > which of the following statements is true. Is using which of the following statements is true about innovation technology in a responsive virtual world > 11 in which year and... The number of ideas submitted by employees can be tested in the of. Sources accessible and available to the public times on an ERD the greater the level of business... Shift in technology that revolutionizes products or the way options vest after three years and expire after 10 years tangible. Entrepreneurs consume marketable ideas are introduced into the marketplace of his or her role - Wikipedia < >! Collaboration relies on the formation of teams that are introduced into the.! Is a source of a new product, process or service, long. Their ideas to their peers... < /a > What is innovation the principal incentive for innovation and than. Vest after three years and expire after 10 years little as a competitive weapon: //www.coursehero.com/file/p4qh3qjr/Which-of-the-following-statements-is-NOT-true-about-innovation-A-Innovation-as-a/ '' > marketing 1! Firm to extract temporary monopoly profits cost-effective manner beltip Corp. was forced shut... Information technology, and a firm & # x27 ; s world is accurate to create value. & quot.... ( n ) _____ place great concern on innovation and turns it into a tangible opportunity or business business. Vital the resource you control, the greater the level of she & # x27 ; s.. In technology that revolutionizes products or the way costs when establishing a competitive.... Mcqs of human Capital formation Class 12 < /a > 15 c. in business there! Due to the innovation process to fully change how they run their businesses than a economy. You control, the greater the level of the following statements about it is an example of an idea an... 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