17–100
94.
Gary, a senior member in an organization, received a pay raise when the company
implemented some changes in response to a new technology that it had adopted. This is
an example of a _____ compensation.
17–101
95.
Compensation practices of an integrated manufacturing firm usually include
17–102
Scenario A. Office Innovations Inc. has come up with a new technology to make
organizational processes easier, and the company promotes it to other organizations. Clear
Insight Corp. is a fast-growing organization that is willing to try Office Innovations’ new
technology. Smith Technology Systems Corp. has been going through a difficult period and
therefore adopts the technology out of economic necessity to improve its operations. Tech
Shops Inc. feels that the new technology has nothing to offer and therefore chooses not to
adopt it. Office Innovations Inc. is concerned about Frontline Technology Corp.’s opinion
on the new technology, because Frontline Technology is a leading organization to which
others look for ideas and technological information.
96.
Which of the following groups of adopters of a new technology is exemplified by Clear
Insight Corp.?
97.
Which of the following groups of adopters of a new technology is exemplified by Tech
Shops?
98.
Smith Technology Systems Corp. is an example of
17–104
99.
Frontline Technology Corp. is an example of
Scenario B. Researchers at BrightPower Inc. found a new solar-power technology suitable
for cell phones. However, the technology is still being developed and is yet to be proved
functional. TeleSono Inc. has developed a very useful cell-phone technology based on
voice activation. However, the technology is expensive and has yet to prove its full value.
Seashore Breeze Corp. has developed a technology that can be used with any cell-phone
lithium-ion battery to reduce energy consumption. The system has proved to be very
effective, but not all cell-phone manufacturers have adopted it yet.
100.
BrightPower Inc.’s new solar-cell technology would be an example of a(n) _____
technology.
101.
TeleSono Inc. has developed a useful cell-phone technology that has yet to prove its full
value. This is an example of a(n) _____ technology.
102.
Seashore Breeze Corp.’s new system is a proven, effective technology that some
companies are using to their competitive advantage. This system is an example of a(n)
Scenario C. The production manager at TS Textile Inc., a clothing manufacturing company,
has proposed replacing some of the equipment on its production line with newer
technology. The CEO insists on comparing the company’s current technology with that
being used by other organizations to decide what new technology should be considered.
However, the CTO thinks that the company should look ahead and consider a new
technology that is under development. He also raises the issue of whether the company
should go to an outside firm or try to develop the technology itself.
103.
The CEO of TS Textile is focused on comparing the company’s current technology with
that of other organizations. This is known as
104.
The CTO of TS Textile Inc. is concentrating on what can be done in the future and on the
new technologies being developed. This is known as ____.
105.
The CTO questions whether the company should acquire a new technology from an
outside source or develop it itself. In this case, the company is involved in a ____.
Scenario D. Complete Energy and Health Inc. develops foods and beverages aimed at
boosting the energy levels of athletic and active individuals. In a product development
meeting, Chris suggests that Complete Energy acquire a newly developed technology for
infusing vitamin and mineral blends into food, created by Food Essentials Chemical Co.
Chris believes that it would be easiest and fastest to acquire the technology straight from
Food Essentials. Jason, although supportive of the infusing idea, feels that the
methodology behind the next generation of Complete Energy bars should be kept
exclusive. Jason knows it may take longer to produce the technology and the bars, but he
feels that the competitive advantage and exclusivity are worth the wait. Finally, Mara likes
Chris’s idea of incorporating the Food Essentials technology but feels that Complete
Energy does not possess sufficient financial resources to buy the technology outright. She
suggests that they should opt for something more economical.
106.
Which of the following methods of acquiring technology does Chris support?
Contracted development
Research partnership
107.
Which of the following methods of acquiring technology does Jason support?
108.
Which of the following methods of acquiring technology would meet Mara’s expectations?
17–111
Scenario E. Luke has developed a new technology for his organization TreeCare Corp.
Vitaly, his colleague, has been promoting the idea of the new technology in the
organization at his own risk. Jeremy, their boss, supports Luke’s idea and helps protect
Vitaly from getting into trouble and provides financial help toward the project as well.
109.
In Scenario E, Vitaly can be referred to as a(n) ____.
110.
From Scenario E, it can be inferred that Jeremy plays the role of a(n) ____.
111.
In Scenario E, Luke best exemplifies a(n) _____.
Essay Questions
112.
Explain the three types of innovation and give examples of each.
Answers will vary.
113.
Describe the critical forces that converge to create new technologies.
Answers will vary.
114.
Explain the technology life cycle.
Answers will vary.
17–114
115.
Briefly describe the five groups of adopters of a new technology.
Answers will vary.
116.
Explain the concept of a disruptive innovation.
Answers will vary.
117.
Discuss the advantages and disadvantages of technology leadership.
Answers will vary.
118.
Describe the importance of technology followership. Discuss the factors influencing a
manager’s decision on adopting a new technology.
Answers will vary.
119.
Identify and discuss the four categories of technology in terms of their competitive value.
Give an example for each.
Answers will vary.
120.
Explain benchmarking and scanning a technology. Bring out the differences between
them.
Answers will vary.
17–116
121.
Discuss the two time-frame determinants that managers need to make while assessing
market receptiveness for a technological innovation. Give a suitable example.
Answers will vary.
122.
Discuss why economic viability must be considered when making technology decisions.
Provide an example of a current idea or product and its economic viability.
Answers will vary.
123.
Discuss organizational suitability when deciding on technology innovations.
Answers will vary.
17–117
124.
Discuss ways in which companies can acquire new technology. Describe internal
development, technology trading, and two other methods of technology acquisition.
Answers will vary.
125.
Describe the position of chief information officer (CIO) and the CIO’s importance to a
company.
Answers will vary.
126.
Bureaucracy is an enemy of technological innovation. Discuss the importance of fostering
an organization culture that values innovation.
Answers will vary.
17–118
127.
Explain the major benefits of a development project for managing technology and
innovation. Provide an example of a situation in which a development project might be
turned into a source of competitive advantage.
Answers will vary.