MGT 411 Final Exam

MGT 411 Final Exam

1. Technology pushes society when:

2. Technology’s impact:

3. Technology’s impact is:

4. The goal of management of technology and innovation in an
organization should always be to:

5. There are several definitions of technology in the text;
all the definitions have some common elements.
Each definition implies:

6. Technology can be broadly defined as:

7. Evaluation and control of technology is the:

8. The management of technology is defined as the linking of
different disciplines to:

9. Innovation can be defined as:

10. All of the following are elements of strategic
management EXCEPT:

11. __________ are the monitoring of technology to ensure
that it meets the desired outcomes.

12. Firms that manage innovation well have which of the
following characteristics?

13. Technology is defined to include ____ employed in
producing a good or service.

14. Benefits of innovation include all of the following
except:

15. Drawbacks of innovation include all of the following
except:

16. The first question that should take place as the firm
conducts it innovation strategy planning is ____?

17. Systems integration:

18. Process innovation focuses on ____.

19. Reengineering’s goals include all of the following
except:

20. To create an environment for innovation a manager must
understand all of the following except?

21. How should you describe the innovation process?

22. Seek a balance of behaviors

23. Which is not one of the four critical elements to
implementing innovation as a strategy in the organization?

24. For successful innovation implementation leaders need to
ensure;

25. Innovative organizations typically are founded and lead
by;

26. Informal power comes from:

27. A leader should ask all of the following questions in
the implementation process except:
Is there an open, questioning attitude among employees?

28. The three methods that can help to establish the view by
employees that they are part of the organization or system are all of the
following except:

29. Mentoring can be ____ to be successful:

30. Benchmarking involves the:

31. Extension occurs when _____ and _____ competencies are
understood sufficiently so that ideas lead to action.

32. One of the primary reasons firms have difficulty being
innovative is:

33. The strategic reasons a firm would look to use a merger
or acquisition include all of the following except:

34. The key element of planning externally focused
technology acquisition efforts is to:

35. A _______ is defined as a partnership of two more
corporations to achieve strategically significant objectives that are mutually
beneficial.

36. Mergers and acquisitions can allow a firm to accomplish
a variety of strategic goals. Which one is not associated with the
purchasing firm?

37. The outright purchase of a firm or some part of that
firm is known as:

38. The keys in planning for a merger or acquisition
includes all of the following except:

39. Key expectations should take priority in the integration
effort except in which area.

40. The three elements that need to be considered in
integration are:

41. The reasons that training and development are so
important in the execution of an alliance or merger/acquisition include:

42. The losses an employee can feel during integration
typically can include all of the following except:

43. The basis for competitive advantage of a technology
focused firm ___.

44. All of the following are strategic capabilities that a
firm needs for success except __.

45. When a company is developing its capabilities, it should
do all of the following except:

46. The key sustainable competitive advantages for a firm
using an internal innovation strategy include

47. The result of a competitive advantage should focus
on ___.

48. For technology oriented firms, it is important for
managers to understand that value must be

49. The ___ view of the firm argues that industry structure
is the principal determinant of profitability.

50. All of the following would be intangible resources
except ___.

51. The most common sources of competitive advantage would
be ____.

52. Each of the following is a step in the value creation
process except ___.

53. The foundation which must be present before an
organization can effectively conduct implementation is ___

54. Learning in the organization is the ___.

55. Explicit knowledge is ____.

56. Organizational learning is the ____.

57. The type and the amount of learning that must take place
for the firm to compete successfully depends upon

58. The firm’s ability to learn

59. The greater organizational learning will occur when ___.

60. Organizations that are structured for learning are
characterized by all of the following except ____.