Reference no: EM132236143

1. A technology audit

A. helps estimate the funding required for a new technology.

B. measures the key skills required for a new technology.

C. helps clarify the key technologies on which an organization depends.

D. scans an organization's external environment for new technologies.

E. compares an organization's technologies and practices with those of others.

2. Which of the following best describes technologies known as pacing technologies?

a. They are still under development and thus are unproved, and they can significantly alter the rules of competition in the future.

b. They have proved themselves effective and provide a strategic advantage as they are not used by everyone.

c. They are those that are commonplace in the industry and are used by everyone.

d. They are yet to prove their full value but have the potential to alter the rules of competition.

e. They are simple applications adopted at the lower end of the market and then swiftly take over the market.

3. Benchmarking is

A. the process of determining what technologies are being developed in the organization and what can be done.

B. the process of comparing an organization's practices and technologies with those of other companies.

C. an approach to job design that attempts to redesign tasks to optimize operation of a new technology while preserving people's interpersonal relationships.

D. the process in which executives consider whether or not a technical innovation has a good financial incentive.

E. the process of deciding whether an organization should develop the technology itself or acquire it from an outside source.

4. One of the determinants in assessing market receptiveness is the

A. immediate, valuable application of the new technology.

B. feasibility of the technological innovation.

C. economic viability of the technological innovation.

D. availability and the speed with which the new technology spreads.

E. core capability and the reputation of the organization.