Chapter 08 - Collaboration Strategies
1. Prosthesis Inc. is developing a superior prosthetic leg and has world-renowned
researchers on its staff. It also has the financial and marketing resources to take the
Chapter 11 - Managing the New Product Development Process
Managing the New Product Development Process
1. A majority of new product development projects result in an economic return.
2. A comp
Chapter 12 - Managing New Product Development Teams
Managing New Product Development Teams
1. As the size of the team increases, the potential for social loafing decreases.
2. A lack of cros
Chapter 13 - Crafting a Deployment Strategy
Crafting a Deployment Strategy
1. The value of a technological innovation is solely determined by what the technology
2. Firms should alwa
Chapter 06 - Defining the Organization's Strategic Direction
Defining the Organizations Strategic Direction
1. Formulating a technological innovation strategy first requires an
accurate appraisal of where the firm currently is.
Chapter 07 - Choosing Innovation Projects
Choosing Innovation Projects
1. The allocation of a finite quantity of resources over different possible uses is known as
2. The r
Chapter 05 - Timing of Entry
Timing of Entry
1. Early leaders are firms that are the first to enter the market.
2. Early followers enter the market only after a product begins to penetrate the
Chapter 09 - Protecting Innovation
1. The degree to which a firm is able to capture the rents from its innovation is known as
its monopolization potential.
2. If the know
Chapter 10 - Organizing for Innovation
Organizing for Innovation
1. According to Joseph Schumpeter, small firms are likely to have better-developed
complementary activities such as marketing or financial planning that enable them to
Chapter 03 - Types and Patterns of Innovation
Types and Patterns of Innovation
1. The path a technology follows through time is termed its technology transfer.
2. Product innovations are more v
Chapter 04 - Standards Battles and Design Dominance
Standards Battles and Design Dominance
1. Increasing returns to adoption means that, the more a technology is adopted, the more
valuable it becomes.
Chapter 02 - Sources of Innovation
Sources of Innovation
1. If an individual knows a field too well, it can stifle creativity.
2. An individual with only a moderate degree of knowledge of a fi
Chapter 01 - Introduction
1. Investing in process innovation helps firms lower their costs.
2. Flexible manufacturing technologies have increased the importance of production
Principles of TQM:
In order to exceed customer expectations, an organization must embrace five principles (Kat
Produce quality work
Focus on the customer
Have a strategic approach to improvement
Encourage mutual resp
Total Quality Management
Principles of TQM
Implementation of TQM
:Shiva Kiran Ganta
What is Total Quality Management (TQM)?
TQM is a client centered methodology program tha
What are some of the ways that managers can ensure that a team reaps the advantages of diversity while
not being thwarted by some of the challenges team diversity raises?
First, managers can constmct teams to tap diversityr on some dime
ICan you identify an example of a development project and what type of team you believed they used? Do
you think this was the appropriate type ofteam given the nature of the project?
Students should provide examples from their own expos
What are some of the advantages and disadvantages of co-location? Are there some types of projects for
which "virtual teams" are inappropriate?
Colocation improves communication and can improve cohesion as team members develop friendshi
Why are there tradeoffs in choosing a team's size and level of diversity?
Size and diversity are both factors that impact a team's knowledge resources, and its ability to
communicate effectively. Larger and more diverse teams bring more