100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank for Strategic Management of Technological Innovation, 7th Edition by Melissa Schilling £24.24   Add to cart

Exam (elaborations)

Test Bank for Strategic Management of Technological Innovation, 7th Edition by Melissa Schilling

 314 views  9 purchases
  • Module
  • Strategic Management
  • Institution
  • Strategic Management

Test Bank for Strategic Management of Technological Innovation, 7th Edition 7e by Melissa Schilling. Full Chapters test bank are included - Chapter 1 to 13 Chapter 1: Introduction    PART ONE: Industry Dynamics of Technological Innovation   Chapter 2: Sources of Innovation   Chap...

[Show more]

Preview 2 out of 144  pages

  • September 11, 2023
  • 144
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Strategic Management
  • Strategic Management
avatar-seller
Chap 01 7e Schilling
1) Firms across industries depend on products developed within the past five years for more
than one-third of their sales and profits.
⊚ true
⊚ false



2) Investing in process innovation helps firms lower their costs.
⊚ true
⊚ false



3) Flexible manufacturing technologies have made longer production runs economical and have
increased the importance of production economies of scale.
⊚ true
⊚ false



4) Globalization of markets has reduced the importance of innovation.
⊚ true
⊚ false



5) Innovation and new technologies have led to longer product life cycles and slower product
obsolescence.
⊚ true
⊚ false



6) Technological innovation decreases the amount of output achievable from a given quantity of
labor and capital.
⊚ true
⊚ false



7) Gross domestic product seldom relates to the amount of goods consumers can purchase.
⊚ true
⊚ false




1

, 8) Technological innovation results in complete eradication of negative externalities.
⊚ true
⊚ false



9) If a pharmaceutical company discharges untreated chemical waste into the local water bodies
of a community, it will impose a negative externality on the community members.
⊚ true
⊚ false



10) A firm's organizational structure and control systems seldom have an influence on the
generation of innovative ideas.
⊚ true
⊚ false



11) Most innovative ideas do not become successful new products.
⊚ true
⊚ false



12) The majority of effort and money invested in technological innovation comes from
nonindustrial firms.
⊚ true
⊚ false



13) The innovation process is often conceived of as a funnel because most potential new product
ideas make it through the development process.
⊚ true
⊚ false



14) According to the concept of innovation funnel, the number of successful products launched
will be greater than the number of raw ideas generated.
⊚ true
⊚ false




2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £24.24. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80364 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£24.24  9x  sold
  • (0)
  Add to cart