Stats: NETW 583 MIDTERM-STUDENT OF FORTUNE
views: 1
posted:
language
English
:
pages: 10
1. Question: TCO A - The Solow Residual refers to
You’re Answer: the increased amount of output achievable from a given quantity
of labor and capital due to technological innovation.
CORRECT
The less developed nations of the world being left behind due to their slower
development of technology.
Obsolete products left on the market due to the accelerated product life cycle.
The reduction in the amount of inventory needed by manufacturing firms due to
technological improvements in inventory management.
The extra leisure time consumers now enjoy as a result of technological innovation.
Points Received: 5 of 5
2. Question: TCO A - Which of the following is true about technology trajectories?
Your Answer: a technology is always replaced by a new technology after its
trajectory has flattened (i.e., it has reached its performance limits)
Most technology s-curves last about twenty years
Some technologies have steeper s-curves than others
CORRECT
A technology’s progress along the s-curve cannot be sped up or slowed down
Points Received: 5 of 5
3. Question: TCO B - When you buy a product on eBay you can pay for it using an online
payment system called PayPal (which accepts credit cards or electronic funds transfers).
, The payment system is heavily secured using encryption technology. PayPal is offering
simplicity, convenience and __________ utility levers according to the Kim and
Mauborgne model.
You’re Answer: cost
INCORRECT
Fun and image
Environmental friendliness
Risk
CORRECT ANSWER
Instructor Explanation: Page: 71
Points Received: 0 of 5
4. Question: TCO B - One advantage cell phone customers in the European Union (EU)
had over U.S. customers early in the adoption of cells phones is that…
Your Answer: they had a greater variety of cell phone technology to choose from
They had a single standard cell phone format that would work in different countries
such as Germany, France, and the U.K.
CORRECT
They always had cheaper rates than in the U.S.
Phones were always free if you paid for service contracts.
Instructor Explanation: Page: 70
Points Received: 5 of 5
5. Question: TCO A - At a retreat by the Salisbury City Council, community leaders held
a discussion on attracting and developing new businesses and increasing employment
rates in the city. One leader suggested that the city consider sponsoring a business
incubator. Explain what an incubator is and how this might help the city meet its goals.
Your Answer: Business incubators are programs designed to accelerate the successful
development of entrepreneurial companies through an array of business support resources
and services, developed and orchestrated by a cities incubator management plans and
offered both in the incubator and through its network of contacts. Incubators vary in the
way they deliver their services, in their organizational structure, and in the types of
clients they serve. Successful completion of a business incubation program increases the
likelihood that a start-up company will stay in business for the long term. Historically, a
high majority of incubator firms stay in business. Other eastern cities Like Boston among
views: 1
posted:
language
English
:
pages: 10
1. Question: TCO A - The Solow Residual refers to
You’re Answer: the increased amount of output achievable from a given quantity
of labor and capital due to technological innovation.
CORRECT
The less developed nations of the world being left behind due to their slower
development of technology.
Obsolete products left on the market due to the accelerated product life cycle.
The reduction in the amount of inventory needed by manufacturing firms due to
technological improvements in inventory management.
The extra leisure time consumers now enjoy as a result of technological innovation.
Points Received: 5 of 5
2. Question: TCO A - Which of the following is true about technology trajectories?
Your Answer: a technology is always replaced by a new technology after its
trajectory has flattened (i.e., it has reached its performance limits)
Most technology s-curves last about twenty years
Some technologies have steeper s-curves than others
CORRECT
A technology’s progress along the s-curve cannot be sped up or slowed down
Points Received: 5 of 5
3. Question: TCO B - When you buy a product on eBay you can pay for it using an online
payment system called PayPal (which accepts credit cards or electronic funds transfers).
, The payment system is heavily secured using encryption technology. PayPal is offering
simplicity, convenience and __________ utility levers according to the Kim and
Mauborgne model.
You’re Answer: cost
INCORRECT
Fun and image
Environmental friendliness
Risk
CORRECT ANSWER
Instructor Explanation: Page: 71
Points Received: 0 of 5
4. Question: TCO B - One advantage cell phone customers in the European Union (EU)
had over U.S. customers early in the adoption of cells phones is that…
Your Answer: they had a greater variety of cell phone technology to choose from
They had a single standard cell phone format that would work in different countries
such as Germany, France, and the U.K.
CORRECT
They always had cheaper rates than in the U.S.
Phones were always free if you paid for service contracts.
Instructor Explanation: Page: 70
Points Received: 5 of 5
5. Question: TCO A - At a retreat by the Salisbury City Council, community leaders held
a discussion on attracting and developing new businesses and increasing employment
rates in the city. One leader suggested that the city consider sponsoring a business
incubator. Explain what an incubator is and how this might help the city meet its goals.
Your Answer: Business incubators are programs designed to accelerate the successful
development of entrepreneurial companies through an array of business support resources
and services, developed and orchestrated by a cities incubator management plans and
offered both in the incubator and through its network of contacts. Incubators vary in the
way they deliver their services, in their organizational structure, and in the types of
clients they serve. Successful completion of a business incubation program increases the
likelihood that a start-up company will stay in business for the long term. Historically, a
high majority of incubator firms stay in business. Other eastern cities Like Boston among
