Reference no: EM132214510

1. One important innovation challenge is to keep an unbalance of incremental and radical ideas in the firm's portfolio. True False

2. Among the authors' recommended leaderships imperatives are all but which of the following: a. Involve more than the top executives in building the innovation architecture b. Don't let the organization assume that the architecture will be selected by vote c. Make the architecture a top-down, executive-only strategy exercise. d. all of these

3. The following enterprise-wide initiatives are vital to a successful organization a. Total Quality Management b. Lean Manufacturing c. Six Sigma d. Deep capacity for innovation e. All of these

4. Most senior managers recognize that with today's intense competition, that radical innovation is the only option left for creating new wealth. True False

5. A good quality philosophy is based on a systemic approach to the process. True False

6. Figure 2-1 in our text suggest that as one goes UP the pyramid from the front-line employees, diversity a. stays the same b. increases c. decreases d. none of these

7. It is NOT a myth that breakthrough ideas are produced solely by intuitive individuals or a small creative am working in isolation. True False

8. A Business Model is a conceptual framework that describes how a company creates, delivers, and extracts value. True False

9. In 'unpacking the business model', the authors identify ___ basic components. a. 1 b. 2 c. 3 d. 4 e. 5