Innovation Types and Competitive Strategy Quiz

Product innovation where knowledge components are reinforced, and architecture relations remain unchanged.

Product innovation where knowledge components are substituted, and architecture relations are altered.

Product innovation where knowledge components are substituted, and architecture relations remain unchanged.

Product innovation where knowledge components are substituted, and architecture relations are altered.

This relates to Customer Intimacy. Focusing on understanding and meeting the specific needs of individual customers.

This relates to Product Leadership. Focusing on developing new and innovative products that differentiate your company from competitors.

This relates to Operational Excellence. Focusing on efficient and cost-effective processes to deliver products or services.

A strategy that aims to increase efficiency and effectiveness in production planning and control by using autonomous and collaborative robots.

A strategy that aims to enhance human capabilities by using autonomous and collaborative robots to handle complex tasks, freeing up human workers for more creative or strategic roles.

A strategy that leverages the capabilities of autonomous and collaborative robots to enable decentralized production control, leading to more flexible and agile operations.

A strategy that uses autonomous and collaborative robots to simplify repetitive, strenuous, and risky tasks, improving workplace safety and overall efficiency.

A strategy that leverages Augmented and Virtual Reality technologies to create immersive training environments, improve quality control, and enable remote maintenance.

A strategy that uses Augmented and Virtual Reality technologies to offer safer training environments, facilitate product testing with customers, and enable dynamic simulations for improved responsiveness.

An example of an operational benefit of automation using autonomous and collaborative robots is increased efficiency and effectiveness in production planning and control.

An example of an operational benefit of augmentation using autonomous and collaborative robots is the ability to enable complex processing by simplifying human activities.

How Augmented Reality (AR) and Virtual Reality (VR) enhance operational efficiency.

How AR/VR technologies improve operational flexibility.

How AR/VR technologies contribute to better operational prediction.

How the Industrial Internet of Things (IIoT) promotes operational centralization.

How the Industrial Internet of Things (IIoT) enhances operational interoperability.

AR/VR increases the precision of locating goods within a warehouse.

IIoT reduces downtime by predicting and preventing equipment failures.

AR/VR can be used to create immersive customer experiences, such as virtual product demos or personalized visualizations.

Big Data Analytics (prescriptive analytics) helps improve efficiency by quickly responding to market demand.

Structural horizontal and vertical system integration promotes decentralization by increasing information sharing with suppliers.

Structural horizontal and vertical system integration enhances interoperability by enabling flexible and dynamic interaction between production partners.

Structural horizontal and vertical system integration boosts reactivity by reducing time-to-market.

Structural horizontal and vertical system integration improves flexibility by facilitating joint product design with customers.

Structural horizontal and vertical system integration impacts the customer experience by giving businesses more control over digital channels and smart products.

Structural horizontal and vertical system integration increases data traceability along the supply chain through signaling systems.

Structural horizontal and vertical system integration improves decision-making by providing access to up-to-date production information and incoming orders.

The simulation paradigm helps predict future outcomes by boosting information about component parts' remaining life and their reusability. This allows more accurate predictions about product lifecycle and potential for component reuse.

Simulation improves product usability by optimizing internal handling equipment during assembly. This is done by simulating different phases and discovering the most efficient use of resources like robots.

Simulation enhances decentralized production strategies by reducing procurement costs. This is achieved by simulating alternative supplier scenarios and choosing those that minimize both economic and environmental costs.

Simulation empowers externalization strategies by improving collaboration within the supply chain. This is done by simulating the entire process, analyzing economic, social, and environmental performance, and finding ways to work together more effectively.

The simulation paradigm offers many operational benefits, including increased efficiency, reduced risks, and improved decision-making. This is achieved by creating virtual models of real-world systems and running experiments within those models.

Simulation enhances prediction capabilities by providing detailed insights into the residual lifespan of components. This information allows for better planning for component replacement and efficient reuse.

Simulation improves usability and efficiency by optimizing the use of internal handling equipment during assembly. This leads to faster, more controlled, and less error-prone production processes.

Simulation supports decentralized strategies by reducing procurement costs. This is achieved by simulating alternative supplier choices, allowing companies to find the most cost-effective options while minimizing environmental impact.

A technology that creates a completely immersive digital environment, isolating users from the real world.

A technology that overlays digital elements onto the real world, enhancing our perception.

A network of interconnected devices, sensors, and machines within an industrial setting, enabling data exchange and automation.

The delivery of computing services—including storage, processing, and software—over the internet.

Virtual models that mimic real-world systems, allowing us to test different scenarios without real-world risks.

Analyzing massive datasets to extract insights, patterns, and trends, driving informed decision-making.

Protecting digital systems and information from unauthorized access, use, disclosure, disruption, modification, or destruction.

The coordinated management of the production chain to ensure smooth flow of materials and information among different companies.