Creative destruction, The essence of technology, based on

Creative destruction

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Reference no: EM132302308

1. The essence of technology, based on its definition, includes at its core

new ventures

ability to locate financing

applied science i

nvention dispersed risk

2. Creative destruction...

is a process by which prior products, processes, etc. are replaced in the marketplace by innovations.

always suggests changes in infrastructure

never impacts an organization's currently-marketed product

business mgmt research

is closely associated with high technology processes

3. Corridors of progression provide entrepreneurs with greater probabilities of identifying ______ and are based on _______.

windows of opportunity; an entrepreneur's life experiences

the best path to launch a new product; the most recent technologies

appropriate technologies; and entrepreneur's life experience

appropriate university degree programs; a product's marketability

windows of opportunity; university degrees acquired

4. In order to sustain a diversified firm financially, its business portfolio must include (but not necessarily be limited to) the following kind of business:

"cash hog"

synergy-generating business

conglomerate business

"cash cow"

5. Leaders generally rely on_____________ when they want to influence others who take a different side of controversial issues like immigration reform or tax inreases.

direct tactics

communication

persuasion

arguments

6. Leaders give more frequent positive _______________when they have high expectations of followers.

feedback

outcomes

expectations

reinforceent

7. The school of philosophy that acknowledged the gods but taught that they had no influence on human life and that the principle goods of human life were contentment and pleasure, meaning a life free from fear and suffering, was inspired by which of the following?

Democritus

Epicurus

Zeno

Socrates

8. What does a cost performance index (CPI) of 0.86 tell a PM?

The project would cost 86% more than originally planned.

The project would cost 86% less than originally planned.

The project is earning $0.14 for every $1 spent.

The project is only earning $0.86 for every $1 spent.

9. A leveraged buyout needs to be carried out through? ________.

a friendly merger

a hostile takeover

a conglomerate merger

a vertical merger or a hostile takeover

Reference no: EM132302308

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