Chapter 4 Strategic Innovation
Authored by Lehrstuhl König SMIE
Business
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Gartner Hype Cycle helps leaders to assess the effects of emerging disruptive technologies. The cycle suggests that the Peak of Inflated Expectations is followed by…
the Slope of Enlightenment
the Trough of Disillusionment
a. the Plateau of Productivity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Today's markets are changing rapidly and often radically. The present is characterized by the VUCA model – Volatility, Uncertainty, Complexity and…
Ambivalence
Ambiversion
Ambiguity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are four generic competitive processes that can induce the decline of an incumbent firm. Among those four “destructive” competitive forces is Commoditization. Commoditization emerges from…
...new players at the periphery, de novo entrants or prior complementors.
...complementors in the extant innovation ecosystem who gain power and control.
...from established adversaries, or new adversaries that adopt the standard technology.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are different patterns of strategic innovation and its impact on incumbent firms. Airbnb is a good example for which strategic and digital innovation?
New ways of value creation, including new resources, skills and partners.
New bundles of dmensions of customer benefit.
New revenue structures and loci of differentiation.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The benefits of strategic innovation can…
... solely be observed within complex supply chains.
... be advantageous also for basic commodities.
... be considered an effective tool limited to the strategy departments of publicly traded companies.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The theory of “pipeline” businesses…
... is a result of research in digital platform ecosystems.
... is dependent on network effects.
... is increasingly doubted in light of multi-sided markets.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the followings statements is NOT true? An ecosystem in business…
... is characterized by a clearly defined, albeit changing, group of actors with different roles.
...originates from the idea of an ecosystem in nature.
...encompasses largely dependent economic players.
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