SOLVED

51) ________ are new technologies, products, or services that eventually surpass the existing dominant technology or product in a market. A) Constructive innovations B) Destructive innovations C) Disruptive innovations D) Facultative innovations E) Extensive innovations 52) Which of the following statements is true about disruptive innovations? A) They have a very short life span and are discarded quickly. B) They surpass the existing dominant technology or product in a market. C) They are innovations used to incapacitate a rival firm. D) They lack the ability to destroy an organization or industry. E) They are innovations created or used with the intention of harming the human race. 53) The innovator’s dilemma refers to how disruptive innovations ________. A) force rival firms to copy the innovations, often leading to intellectual property violations B) cause the failure of the firm that created it C) encourage firms to make heavy investments that result in losses when these innovations fail D) cause established firms or industries to lose market dominance when ignored E) lead to loss of government control in these industries 54) According to the disruptive growth engine, executive leadership will allow a firm to ________. A) effectively identify and evaluate potential disruptive innovations B) gain credibility and to bridge sustaining and disruptive product development C) gain the greatest opportunities D) build a competent team of expert innovators E) educate those closest to customers and competitors in order to identify opportunities 55) According to the disruptive growth engine, firms need to build a team of expert innovators to ________. A) effectively identify and evaluate potential disruptive innovations B) gain credibility and to bridge sustaining and disruptive product development C) gain the greatest opportunities D) educate those closest to customers and competitors in order to identify opportunities E) build a competent team of expert innovators 56) Which of the statements explains the difference between “e-commerce” and “e-business?” A) E-commerce is the use of nearly any information technologies or systems to support commerce, e-business is the use of the Internet and related technologies to support every part of the business. B) E-commerce is the use of nearly any information technologies or systems to support commerce, e-business is the use of nearly any information technologies or systems to support every part of the business. C) E-commerce is the use of nearly any information technologies or systems to support commerce, e-business is the use of e-commerce to support every part of the business. D) E-commerce is the use of the Internet and related technologies to support commerce, e-business is the use of nearly any information technologies or systems to support e-commerce. E) E-commerce is the use of the Internet and related technologies to support commerce, e-business is the use of nearly any information technologies or systems to support every part of the business. 57) Which of the following statements is true about the e-business innovation cycle? A) The vertical dimension of the cycle shows the life expectancy of a particular information technology, and the horizontal dimension shows time. B) The vertical dimension of the cycle shows the extent to which an organization derives value from a particular information technology, and the horizontal dimension shows time. C) The vertical dimension of the cycle shows the expected investments required for a particular information technology, and the horizontal dimension shows time. D) The vertical dimension of the cycle shows the efficiency of a particular information technology, and the horizontal dimension shows time. E) The vertical dimension of the cycle shows the user-friendliness of a particular technology, and the horizontal dimension shows the amount of investment in that technology. 58) In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the next step is to ________. A) create jobs, groups, and processes that are all devoted to scanning the environment B) select the database and data storage advances C) address the current opportunity to grab customers and market share D) match the most promising new technologies with current economic opportunities E) assess the value of the use of technology for customers and internal clients 59) In an e-business innovation cycle, after a firm executes business innovation for growth, the next step is to ________. A) assess the value of the use of technology for customers and internal clients B) create jobs, groups, and processes that are all devoted to scanning the environment C) select the database and data storage advances D) match the most promising new technologies with current economic opportunities E) address the current opportunity to grab customers and market share 60) Freeconomics is the leveraging of digital technologies to ________. A) provide high quality products and services at low prices as a business strategy for gaining a competitive advantage B) allow free product information to customers as a business strategy for gaining a competitive advantage C) allow dissatisfied customers easy access to business premises and top management of the firm D) match customer preferences with product features E) provide free goods and services to customers as a business strategy for gaining a competitive advantage