Initial wave of capitalization on the technology

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1. The follower missess the initial wave of capitalization on the technology but recognizes the technology's impact on its business. True or False

2. A laggard firm realizes a potential for profit on technology but seldom influences technology's use. True or False

3. A disadvantage to being a leader in innovation is the leader assumes the large cost associated with research, prototyping, testing, and overall development. True or False

4. The biggest challenge for organizations is harnessing and fully utilizing the capability of employees. True or False

5. A MOT paradigm for management should not require the indirect costs of the enterprise be reduced while improving competitiveness and viewed as a major challenge and opportunity. True or False

6. Technology consists of a single component and derived from a single innovation. True or False

7. Technology does not consist of multiple technologies and derive from different generations of innovation. True or False

8. Technology is defined as all knowledge, product, processes, tools, methods, and _________ employed in the creation of goods or in providing services.

A. Technology B. Systems C. Cognitive D. None of the above

9. The Management of Technology (MOT) is an interdisciplianary field that integrates science, engineering, and management knowledge and practice. Technology is a primary factor in wealth creation. Which one of these is not a interdisciplinary nature of MOT? A. Natural Sciencs B. Engineering C. Environment D. Industrial Practice.

Reference no: EM132246072

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