Podcast
Questions and Answers
What is a characteristic of supplier-dominated firms?
What is a characteristic of supplier-dominated firms?
- They are capable of producing high volumes at low cost.
- They purchase technologies in the form of products and match these to customer needs. (correct)
- They have a strong R&D department.
- They are usually found in high-growth industries.
Which type of firms are typically found in the high-growth industries of the twentieth century?
Which type of firms are typically found in the high-growth industries of the twentieth century?
- Housebuilding firms
- Supplier-dominated firms
- Science-based firms (correct)
- Scale-intensive firms
What is a strength of supplier-dominated firms?
What is a strength of supplier-dominated firms?
- Their ability to manipulate science and technology.
- Their ability to offer a product with a reliable service. (correct)
- Their ability to produce high volumes at low cost.
- Their capabilities in engineering, design, and manufacturing.
What is the foundation for the growth and success of science-based firms?
What is the foundation for the growth and success of science-based firms?
What is a characteristic of scale-intensive firms?
What is a characteristic of scale-intensive firms?
Which type of firms tend to be large and include corporations such as Bayer and Sony?
Which type of firms tend to be large and include corporations such as Bayer and Sony?
What is at the heart of scale-intensive firms?
What is at the heart of scale-intensive firms?
Is it possible for a firm to belong to more than one category?
Is it possible for a firm to belong to more than one category?
What is the main benefit of ERP systems?
What is the main benefit of ERP systems?
What can help sustain innovation in an organisation?
What can help sustain innovation in an organisation?
What is the name of the business software that has become one of the most successful products in the world?
What is the name of the business software that has become one of the most successful products in the world?
What is the result of ERP systems on business processes?
What is the result of ERP systems on business processes?
What is the main challenge faced by organisations that innovate successfully?
What is the main challenge faced by organisations that innovate successfully?
What is the role of ERP systems in innovation?
What is the role of ERP systems in innovation?
What is the result of the integration of business functions by ERP systems?
What is the result of the integration of business functions by ERP systems?
What is the main principle of ERP systems?
What is the main principle of ERP systems?
Which factor contributes to the flow of information into a firm?
Which factor contributes to the flow of information into a firm?
Why is patience important for innovative firms?
Why is patience important for innovative firms?
What is likely to happen in a company that frequently changes its investment in technology development?
What is likely to happen in a company that frequently changes its investment in technology development?
What is almost obvious regarding firms investing in R&D?
What is almost obvious regarding firms investing in R&D?
What defines an incremental innovation?
What defines an incremental innovation?
What does accepting risks involve?
What does accepting risks involve?
Which type of innovation leaves architectural knowledge unchanged?
Which type of innovation leaves architectural knowledge unchanged?
What is a barrier to innovation within an organizational structure?
What is a barrier to innovation within an organizational structure?
What impact does architectural innovation have?
What impact does architectural innovation have?
How can innovative firms attract good scientists?
How can innovative firms attract good scientists?
What does the vertical axis in Figure 4.4 classify?
What does the vertical axis in Figure 4.4 classify?
What can happen to creative people in a company with a disruptive environment?
What can happen to creative people in a company with a disruptive environment?
What is captured by the horizontal axis in Figure 4.4?
What is captured by the horizontal axis in Figure 4.4?
What does the traditional distinction within innovation management differentiate?
What does the traditional distinction within innovation management differentiate?
What is one focus of project management models in the new product development literature?
What is one focus of project management models in the new product development literature?
What does Figure 4.3 illustrate?
What does Figure 4.3 illustrate?
What is the most obvious way forward for balancing production and development?
What is the most obvious way forward for balancing production and development?
What does 'exploitation' focus on in an organization?
What does 'exploitation' focus on in an organization?
What is meant by 'exploration' in the context of an organization's strategy?
What is meant by 'exploration' in the context of an organization's strategy?
What is ambidexterity in a business context?
What is ambidexterity in a business context?
What are dynamic capabilities in a business?
What are dynamic capabilities in a business?
How does incremental innovation affect an organization?
How does incremental innovation affect an organization?
What challenge does radical innovation pose to organizations?
What challenge does radical innovation pose to organizations?
What is one potential constraint on innovation as an organization learns and increases efficiency?
What is one potential constraint on innovation as an organization learns and increases efficiency?
