Technological barriers to technological innovation

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Reference no: EM132236145

1. Which of the following should be assessed in determining whether there are technological barriers to a technological innovation?

A. technological feasibility

B. market receptiveness

C. organizational suitability

D. competence development

E. economic viability

2. A(n) _____ firm needs to stay technologically competitive but tends to allow others to demonstrate solid demand in new arenas before it responds.

A. prospector

B. analyzer

C. supporter

D. defender

E. early adopter

3. Howard is the CEO of Red Rock Inc. He is in need of an updated technology and is questioning whether he should develop it or acquire it from external sources. This is an example of

A. a make-or-buy decision.

B. benchmarking.

C. a situational analysis.

D. scanning.

E. a decentralized decision.

4. Which of the following options would a company choose when it wants to develop a technology and keep it proprietary?

A. licensing

B. technology trading

C. purchase

D. research partnerships

E. internal development

Reference no: EM132236145

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