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64.
Base technologies are those that
65.
The process of comparing an organization's practices and technologies to those of other
companies is known as
66.
Although competitors understandably are reluctant to share their secrets, information
trading for _____ is not uncommon and can prove highly valuable.
67.
The technique of scanning in assessing external technological trends focuses on
17-83
68.
In assessing external technological trends, benchmarking and scanning are similar in that
both are concerned with
69.
Which of the following is the first consideration in developing a strategy around
technological innovation?
70.
_____ is a factor that helps executives decide if there is a good financial incentive for
attempting a technological innovation.
71.
For years, TXA Corp. wanted to develop a face recognition system that clients could buy to
improve their security systems. The managers of the company evaluated the product's
market potential, economic viability, and anticipated capability development, which were
all very strong. However, TXA Corp. was unable to make a successful product. The key
factor that the company failed to adequately assess in making technology decisions was
the product's technological ____.
72.
SurePhone Inc. plans to make a new mobile phone that would use a retina scanner to
unlock the phone. However, the company does not implement the plan as it realizes that
the costs involved are too high. Which of the following factors while making a technology
decision has SurePhone Inc. taken into consideration?
73.
_____ firms' strategies are focused more on deepening their capacity base through
complementary technologies that extend rather than replace their current ones.
74.
The question an organization asks itself about whether to acquire new technology from an
outside source or develop it itself is referred to as a
75.
Flightera Inc. is in the process of deciding whether to develop a new automatic guidance
system for its quadcopters or to get it from another company that specializes in that area.
This is an example of a
17-88
76.
One advantage of developing technology within one's own company is
77.
In most situations, the simplest, easiest, and most cost-effective way to acquire new
technology is to
78.
Total Technology Corp. is looking for a simple and cost-effective way of acquiring a
commercially available new technology for its present venture. Which of the following
methods should the company first consider for the purpose?
17-90
79.
For which of the following reasons might a firm choose to trade technology?
17-91
80.
Managers of Fast Dogs, a fast-food restaurant chain, visited Quick Burgers, a competitor.
Quick Burgers has a system in which waiters use a cell phone to text orders directly to the
kitchen. The two companies made an arrangement by which Fast Dogs adopted the
ordering system and, in turn, Quick Burgers adopted a food-preparation technique devised
by Fast Dogs. This scenario is an example of
81.
Joanna has developed and patented a new process for recycling discarded tires. A
multinational corporation has expressed an interest in buying her company in order to gain
access to the technology and keep it exclusively for itself. Should Joanna sell her
company, the buyer will have acquired technology via
82.
The executive in charge of information technology strategy and development is the
17-93
83.
The role of a chief technology officer is to
84.
A(n) _____ develops a new technology or has the key skills to install and operate the
technology.
85.
Which of the following is the role of technical innovators?
17-95
86.
A product champion is a person who
87.
Greg worked at the Hartford Plastics Company as a technician, and he developed an
instrument to help test the quality of plastic products. The section supervisor, Mick,
thought that Greg's instrument was so clever that the company should make it widely
available for all technicians in the company. Mick convinced a number of other managers
to have their employees try Greg's innovation. Mick's role in developing the new device is
that of a(n)
88.
An individual who supports a new technology and protects the product champion is
referred to as a(n)
89.
Which of the following best describes the role of executive champions in developing new
technologies?
90.
Which of the following is considered an enemy of technological innovation?
17-98
91.
A focused organizational effort to create a new product or process via technological
advances is called
92.
An approach to job design that attempts to redesign tasks to optimize operation of a new
technology while preserving employees' interpersonal relationships and other human
aspects of the work is called a(n)
93.
Seniority rewards in a traditional factory and skill-based pay rewards in integrated
manufacturing are examples of _____ compensation.
