Book Title:
Author(s):
Some examples from this set of practice questions
1.
What is Incremental innovation?
Answer: doing what we do better
2.
What are Core competencies?
Answer: the resources and capabilities that comprise the strategic advantages of a business
3.
When can core competencies become core rigidities?
Answer: when neglecting new competencies
4.
What 3 steps comprise the innovation strategy?
Answer: 1. strategic analysis 2. strategic selection 3. strategic implementation
5.
How would you describe a kaizen system?
Answer: A system that allows everyone to come up with ideas.
6.
Describe the core competencies tree
Answer: - leaves, flowers, fruit = end product - smaller branches = business units - trunk and major limbs = core products - the root systems = core competencies
7.
What are capabilities?
Answer: organizations potential for doing, carrying out a specific activity/set of activities
8.
Adopters produce ideas closely to existing agreed definitions of a problem. True of false?
Answer: True
9.
Adopters and innovators are the same. True or false?
Answer: False
10.
What are the 5 elements of high performance team working?
Answer: 1. clearly defined tasks and objectives 2. effective team leadership 3. good balance of team roles which match to individual behavioral style 4. effective conflict resolution mechanics within the group 5. continuing liaison with external organization
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