MGT 411 Final Exam Study Guide

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MGT 411 Final Exam

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1. Technology pushes society when:
2. Technology’s impact:
3. Technology’s impact is:
4. The goal of management of technology and innovation in an organization should always be to:
5. There are several definitions of technology in the text; all the definitions have some common elements. Each definition implies:
6. Technology can be broadly defined as:
7. Evaluation and control of technology is the:
8. The management of technology is defined as the linking of different disciplines to:
9. Innovation can be defined as:
10. All of the following are elements of strategic management EXCEPT:
11. __ are the monitoring of technology to ensure that it meets the desired outcomes.
12. Firms that manage innovation well have which of the following characteristics?
13. Technology is defined to include __ employed in producing a good or service.
14. Benefits of innovation include all of the following except:
15. Drawbacks of innovation include all of the following except:
16. The first question that should take place as the firm conducts it innovation strategy planning is __?
17. Systems integration:
18. Process innovation focuses on __.
19. Reengineering’s goals include all of the following except:
20. To create an environment for innovation a manager must understand all of the following except?
21. How should you describe the innovation process?
22. Which one of these statements is a myth about innovation?
23. Which is not one of the four critical elements to implementing innovation as a strategy in the organization?
24. For successful innovation implementation leaders need to ensure;
25. Innovative organizations typically are founded and lead by;
26. Informal power comes from:
27. A leader should ask all of the following questions in the implementation process except:
28. The three methods that can help to establish the view by employees that they are part of the organization or system are all of the following except:
29. Mentoring can be __ to be successful:
30. Benchmarking involves the:
31. Extension occurs when _ and _ competencies are understood sufficiently so that ideas lead to action.
32. One of the primary reasons firms have difficulty being innovative is:
33. The strategic reasons a firm would look to use a merger or acquisition include all of the following except:
34. The key element of planning externally focused technology acquisition efforts is to:
35. A _ is defined as a partnership of two more corporations to achieve strategically significant objectives that are mutually beneficial.
36. Mergers and acquisitions can allow a firm to accomplish a variety of strategic goals. Which one is not associated with the purchasing firm?
37. The outright purchase of a firm or some part of that firm is known as:
38. The keys in planning for a merger or acquisition includes all of the following except:
39. Key expectations should take priority in the integration effort except in which area.
40. The three elements that need to be considered in integration are:
41. The reasons that training and development are so important in the execution of an alliance or merger/acquisition include:
42. The losses an employee can feel during integration typically can include all of the following except:
43. The basis for competitive advantage of a technology focused firm _.
44. All of the following are strategic capabilities that a firm needs for success except __.
45. When a company is developing its capabilities, it should do all of the following except:
46. The key sustainable competitive advantages for a firm using an internal innovation strategy include
47. The result of a competitive advantage should focus on _.
48. For technology oriented firms, it is important for managers to understand that value must be
49. The _ view of the firm argues that industry structure is the principal determinant of profitability.
50. All of the following would be intangible resources except _.
51. The most common sources of competitive advantage would be __.
52. Each of the following is a step in the value creation process except _.
53. The foundation which must be present before an organization can effectively conduct implementation is _
54. Learning in the organization is the _.
55. Explicit knowledge is __.
56. Organizational learning is the __.
57. The type and the amount of learning that must take place for the firm to compete successfully depends upon
58. The firm’s ability to learn
59. The greater organizational learning will occur when _.
60. Organizations that are structured for learning are characterized by all of the following except __.

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