Podcast
Questions and Answers
Which of the following best describes the Defender business strategy?
Which of the following best describes the Defender business strategy?
- Aimed at reacting to developments
- Aimed at defending a market through high quality and reasonable pricing (correct)
- Aimed at incrementally developing the existing market
- Aimed at being first in the market
What is the main purpose of an Innovation Strategies Business strategy?
What is the main purpose of an Innovation Strategies Business strategy?
- To be the first in the market
- To determine the direction for innovation projects (correct)
- To incrementally develop the existing market
- To react to developments when they occur
In which phase of the Technology life cycle model does the market grow quickly and usually one dominant design emerges?
In which phase of the Technology life cycle model does the market grow quickly and usually one dominant design emerges?
- Fluid phase
- Transitional phase (correct)
- Specific phase
- None of the above
What type of strategy is aimed at incrementally developing the existing market and adjacencies with low risks?
What type of strategy is aimed at incrementally developing the existing market and adjacencies with low risks?
Which business strategy is often the second or third follower in the market?
Which business strategy is often the second or third follower in the market?
What is the aim of the Prospector business strategy?
What is the aim of the Prospector business strategy?
What type of innovation aims to help an organization maintain its competitive advantage by improving the features and performance of existing products, processes, and services?
What type of innovation aims to help an organization maintain its competitive advantage by improving the features and performance of existing products, processes, and services?
When does the term 'leapfrogging' apply in a business context?
When does the term 'leapfrogging' apply in a business context?
Which type of intellectual property protection excludes others from exploiting the result of creative work, such as text, music, or art?
Which type of intellectual property protection excludes others from exploiting the result of creative work, such as text, music, or art?
In which way can open-source strategies differ from traditional intellectual property protection methods?
In which way can open-source strategies differ from traditional intellectual property protection methods?
What does 'appropriability' refer to in the context of a firm's innovation strategy?
What does 'appropriability' refer to in the context of a firm's innovation strategy?
Which concept describes the idea that a product or service, when introduced into an established industry, can displace market leaders by performing better or costing less?
Which concept describes the idea that a product or service, when introduced into an established industry, can displace market leaders by performing better or costing less?
