6. For an innovation to be profitable, which factor is most essential? The technology underlying the product need not work The product must create value for the customer The Innovator must be a competitor All options are correct.
6. For an innovation to be profitable, which factor is most essential? The technology underlying the product need not work The product must create value for the customer The Innovator must be a competitor All options are correct.
Chapter18: Management Of Technology And Innovation
Section: Chapter Questions
Problem 3CTQ: What other uses and functions does Input Accel serve, and how will this be useful to Novartis over...
Related questions
Question
6. For an innovation to be profitable, which factor is most essential?
- The technology underlying the product need not work
- The product must create value for the customer
- The Innovator must be a competitor
- All options are correct.
7. Which of the following is NOT part of process technology in manufacturing companies?
- Basic production equipment with advanced processes
- Fabrication Process
- The massive flow of materials throughout the supply chain
- The technologically advanced and extremely complex process
8. The knowledge where skills and abilities of an individual is gained through experience is known as?
- Explicit Knowledge
- Implicit Knowledge
- Tacit Knowledge
- All options are correct
9. Which among the following is the by-product of a hospital in Operations Management?
- Material Waste
- Clinical Waste
- Material Waste
- Heat Waste
10. Which among the following in the Ideas generation is NOT an external source?
- Surveys
- Customer Need Analysis
- Customer Suggestions
- Competitors
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you