Exam Preparation Quiz 2023

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Questions and Answers

Which statement about the examination format is true?

Each multiple choice question has only one correct option. (correct)

Only one tutorial counts towards the final score.

Students are penalized for wrong answers.

There are no open questions.

How are the questions designed to test student understanding?

They require memorization of facts only.

They avoid topics discussed in tutorials.

They focus solely on multiple choice format.

They include reasoning based on examples from lectures or papers. (correct)

What is the format of the final exam regarding question submission?

Questions cannot be flagged for review.

Submission can be done any time within the time limit. (correct)

Students must submit in one go at the end.

Students can only submit once they finish all questions.

What element is included in the exam structure for better understanding?

Argumentation in theory sections Signup and view all the answers

Which of the following statements is accurate regarding the importance of the tutorials?

Completing one tutorial earns a total of 30 points. Signup and view all the answers

What should students do if they want to revisit questions during the online exam?

Flag questions for later review. Signup and view all the answers

What happens when the incentive scheme leads to more false negatives for merchandisers?

They bring in less revenue from exploratory deals. Signup and view all the answers

Which factors increase the need for integration in structurally differentiated organizations according to Burgers & Covin (2016)?

Firms with a higher number of employees. Signup and view all the answers

According to Gibson & Birkinshaw (2004), what impact do more ambidextrous business units have?

They increase perceived business unit performance. Signup and view all the answers

Raish & Tushman (2016) argue that which approach can help organizations build new corporate businesses?

A combination of integration and differentiation. Signup and view all the answers

What effect does changing the incentive scheme from performance-based to fixed salary have on merchandisers?

They initiate more exploratory deals. Signup and view all the answers

Which statement is true regarding the performance of ambidextrous business units?

They enhance perceived business performance. Signup and view all the answers

What is the primary reason for firms with a higher number of shareholders to require greater integration?

To manage diverse stakeholder interests. Signup and view all the answers

What do firms with higher market valuations reflect regarding their need for integration?

They require more integration compared to lower valued firms. Signup and view all the answers

Which types of firms can create a blue ocean?

Both incumbents and new entrants Signup and view all the answers

What is a characteristic of dynamic capabilities in high-velocity markets?

They are simple and have unpredictable outcomes Signup and view all the answers

When the incentive scheme changes to a fixed salary, what change do merchandisers experience according to Lee and Meyer-Doyle (2017)?

They initiate a higher frequency of exploratory deals Signup and view all the answers

Which of the following statements about dynamic capabilities is incorrect in high-velocity markets?

They are complex with predictable outcomes Signup and view all the answers

Which of the following could lead to a misunderstanding about what firms can create a blue ocean?

Concluding that only new entrants are relevant Signup and view all the answers

What general principle underlies the creation of a blue ocean by firms?

Firms must innovate to differentiate themselves Signup and view all the answers

Which of the following summarizes the main finding related to incentive schemes in Lee and Meyer-Doyle's study?

Merchandisers initiate more exploratory deals with fixed salaries Signup and view all the answers

Why might 'all answer options are correct' be misleading in some contexts?

It suggests a lack of understanding of nuanced arguments Signup and view all the answers

What assertion is made by Tripsas and Gavetti regarding core competencies?

Core competencies can evolve into core rigidities. Signup and view all the answers

What example illustrates the negative impact of rigid adherence to a business model?

Managers maintained the razor/blade model, limiting digital innovation. Signup and view all the answers

What is the characteristic of structural ambidexterity?

The simultaneous exploration and exploitation within separate units. Signup and view all the answers

Which transition is generally seen as the most challenging for companies aiming to improve their performance?

From catching up to best-in-class. Signup and view all the answers

What does the process of building an innovative organization involve?

Making three significant transitions. Signup and view all the answers

What is considered a key component of achieving structural ambidexterity?

Integration of exploration and exploitation through cross-functional interfaces. Signup and view all the answers

Which condition is often most difficult for organizations to adjust when progressing towards world-class status?

Organizational culture shift. Signup and view all the answers

What impact did outsourcing have on Polaroid's digital camera development?

Disconnection from in-house technological expertise. Signup and view all the answers

Study Notes

Exam Information

Exam is on Tuesday, October 22nd, from 12:15 pm to 2:30 pm
Exam questions are based on slides, lectures, and papers
25 questions total = 140 points
- 24 multiple-choice questions = 120 points
  - Each correct answer = 5 points
  - No negative points for wrong answers
  - If "all answer options are correct" is the right answer, all other options are wrong
  - If "none of the other options is correct" is the right answer, all other options are wrong
- 1 open question = 20 points
- 1 Tutorial = 30 points, 2 Tutorials = 60 points

Exam Format

Online only
You can browse questions and flag questions for later
You can submit whenever you want, but it must be within the time limit
Answer submissions are almost always found word-for-word in lectures, slides, or papers

Understanding the Questions

Questions test understanding of the material, including:
- Argumentation in the theory section
- What was investigated (what did they measure to test it)
- What did they find

Example Questions

Example questions used to illustrate the types of questions that will be asked on the exam
These examples use articles from previous years

Example Question 1

Example of an "example-based" question
The question provides all the necessary information
The question tests understanding, meaning you can infer the answer based on the course material even without knowing the exact answer
Answer: Rotating people in and out of innovation roles

Example Question 2

Example of a question with "all answer options are correct" as the right answer
All answer options are correct, meaning you must select the "all answer options are correct" option
The question tests understanding, meaning you can infer the answer based on the course material even without knowing the exact answer
Answer: All answer options are correct

Example Question 3

Example of a question with "all answer options are correct" as a wrong answer
The correct answer is one of the other options, not "all answer options are correct"
The question tests understanding, meaning you can infer the answer based on the course material even without knowing the exact answer
Answer: In high-velocity markets, dynamic capabilities are simple and have unpredictable outcomes

Example Question 4

Example of a question about an empirical article
The empirical article features clear findings
The question asks about the findings of the article
Answer: When the incentive scheme changes from a performance-based salary to a fixed salary, merchandisers initiate a higher frequency of exploratory deals than before the change.

Example Question 5

This question is an example of a question about an empirical article.The empirical article features clear findings and you should know which findings.
Answer is option 4: In Polaroid, the focus on technology-driven product development was a cause of high organizational performance in the past, but later managers opted for more market-driven product development.

Example Question 6

This question is an example of a question about an empirical article.The empirical article features clear findings and you should know which findings.
Answer is option 4: "Firms with a higher number of employees compared to firms with a lower number of employees".

Example Question 7

This question is an example of a question about an empirical article.The empirical article features clear findings and you should know which findings.
Answer is option 2: “More ambidextrous business units increase the perceived business unit performance ”

Example Question 8

This question is an example of a question about an empirical article.The empirical article features clear findings and you should know which findings.
Answer is option 1: “A combination of integration and differentiation can help organizations to build up new corporate businesses”.

Example Question 9

This question is an example of a question about an empirical article.The empirical article features clear findings and you should know which findings.
Answer is option 3 : In Polaroid, the razor/blade business model was a cause of high organizational performance in the past, but managers’ continued adherence to this business model impeded digital innovation.

Example Question 10

The questions are based on lectures, slides, and papers. The questions are about understanding the material.
The answer needs to contains 4 key components:
1. The ability of an organization to both explore and exploit [5 points]
2. at the same time [5 points]
3. which is achieved by having separate or differentiated (organization) units (or subunits, business units,...) for exploration and exploitation [5 points]
4. which are held together or integrated (for instance by cross- functional interfaces).[5 points]

Example Question 11

This question is an example of a question about 'Building an innovative organization'. The questions are based on lectures, slides, and papers. The questions are about understanding the material.
Answer:
- The most difficult transition to make for companies is from best-in-class to worldclass.
- The most challenging organization condition to adjust is strategy.

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Description

Prepare for your upcoming exam on October 22nd with this comprehensive quiz covering material from slides, lectures, and papers. This quiz features 25 questions, including multiple-choice and an open question, designed to test your understanding of key concepts and argumentation. Practice effectively to boost your confidence and score high on the exam!