Leadership and Innovation Question
Bank
Course Introduction
This course explores the dynamic relationship between leadership and innovation within organizations and society. Students will examine theories and practices that distinguish effective leaders, especially those who foster creative thinking, drive change, and cultivate innovative cultures. Through case studies, real-world examples, and interactive projects, learners analyze the role of vision, influence, strategic decision-making, and risk-taking in innovative leadership. The course equips students with the skills needed to lead teams, manage resistance, and develop structures that encourage the generation and successful implementation of novel ideas.
Recommended Textbook
Strategic Management of Technological Innovation 3rd Edition by Melissa A. Schilling
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13 Chapters
647 Verified Questions
647 Flashcards
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Page 2
Chapter 1: Introduction
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Sample Questions
Q1) Out of all the innovative ideas that come forth,how many become successful products?
A) Very few
B) Most
C) About half
D) Seventy-five percent
Answer: A
Q2) Firms that charge headlong into new product development usually have short development cycles.
A)True
B)False
Answer: False
Q3) The relationship between speed of innovation and product obsolescence is
A) direct (as innovation speed increases, products become obsolete more quickly).
B) inverse (as innovation speed increases, products become obsolete more slowly).
C) indirect (there is an effect, but it cannot be directly determined).
D) nonexistent (there is no relationship at all).
Answer: A
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3
Chapter 2: Sources of Innovation
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Sample Questions
Q1) The Smith brothers were trying to come up with a new cough drop but Alvin Smith kept saying to his brother,Frank,"I really would like to understand more about what makes a person cough in the first place." Frank kept saying,"We need to quit worrying about theoretical stuff and just focus on how to stop the coughing." Which of the brothers is most likely to be a successful inventor?
A) Alvin
B) Frank
C) They are equally likely to be successful inventors
D) Neither is very likely to be a successful inventor
Answer: A
Q2) Which of the following will probably have the least influence on organizational creativity?
A) The creativity of the individuals in the organization
B) The organizational structure
C) Incentives provided for creativity
D) Location of the organization
Answer: D
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Chapter 3: Types and Patterns of Innovation
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Sample Questions
Q1) Julie is somewhat skeptical about new innovations and is likely to adopt something new after getting some pressure from her peers.However,she is not so risk averse that she will wait until all uncertainty of a new technology has been resolved; she's willing to accept a little uncertainty if her peers already use the product.Julie is most likely a(n)
A) early adopter.
B) early majority person.
C) late majority person.
D) laggard
Answer: C
Q2) Innovators represent the largest category of adopters according to research.
A)True
B)False
Answer: False
Q3) A firm can influence the shape of the S-curve by revamping the architecture design of the technology.
A)True
B)False
Answer: True
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Chapter 4: Standards Battles and Design Dominance
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Sample Questions
Q1) The more a technology is adopted,
A) the less valuable it becomes on account of market saturation.
B) the more susceptible it becomes to decreasing returns.
C) the more complementary goods are available for it.
D) the lesser are the possibilities for improvements in the technology.
Q2) After Acme Technologies had developed its first few R&D projects,it began to get better at subsequent development projects,even if they were not based on the same technologies.This is probably due to the principle or effect called
A) repetitive motion.
B) intelligence magnification.
C) programming simplification.
D) absorptive capacity.
Q3) As the sales of a company's product increases and as the company learns from its experiences,the cost of making the product should A) decrease.
B) increase.
C) level out
D) not be affected.
Q4) What is vaporware what are its advantages?
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Chapter 5: Timing of Entry Part Two Formulating
Technological Innovation Strategy
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Sample Questions
Q1) Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors.According to the classification scheme provided in the text,Intel would be classified as a(n)_____.
A) first mover
B) early mover
C) late entrant
D) premature developer
Q2) When enabling technologies are mature,you should wait to enter the market later.
A)True
B)False
Q3) If you are certain of customer preferences and needs,you can enter the market earlier than if customer needs were unknown.
A)True
B)False
Q4) A technology that makes a dramatic improvement over previous generations or different technologies will take time to be accepted by customers on account of its radical differences.
A)True
B)False
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Chapter 6: Defining the Organizations Strategic Direction
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Sample Questions
Q1) The balanced scorecard
A) is an alternative accounting technique.
B) is a method for balancing assets with liabilities and equity.
C) emphasizes four perspectives the firm should take in formulating goals.
D) helps managers evaluate all aspects of an employee's performance.
Q2) At a strategic management retreat,Pentel Corporation discussed questions such as "Does this ability make us unique?","Does it cove a range of businesses?",and "Is it hard to imitate?".It would seem that Pentel is trying to
A) figure out what it does.
B) change strategic directions.
C) identify its core competencies.
D) discover its threats and opportunities.
Q3) Apex Corporation supplies hospitals with software to track insurance claims.Since insurance regulations and policies are always changing,Apex needs to have the ability to be agile and responsive to change.In other words it needs A) dynamic capabilities.
B) shifting competencies.
C) respondent capability.
D) floating capabilities.
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Page 8
Chapter 7: Choosing Innovation Projects
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Q1) In trying to decide on whether or not to invest in a new project,the CEO of Foxeye Limited said she wanted to consider how long it takes to recover the investment,the risk,and the time value of money.It sounds like she should use
A) real options.
B) a portfolio analysis.
C) Q-sort.
D) a discounted cash flow method.
Q2) The internal rate of return will always give a precise solution to whether or not to invest.
A)True
B)False
Q3) The time required to break even on a project using discounted cash flows is known as period of return.
A)True
B)False
Q4) Derivative projects offer fundamental improvements in the cost,quality,and performance of a technology over preceding generations.
A)True
B)False
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Chapter 8: Collaboration Strategies
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Sample Questions
Q1) Solo internal development is,on average,a relatively faster way of developing a technology.
A)True
B)False
Q2) Contract manufacturing:
A) enhances a firm's in-house capabilities.
B) allows firms to meet the scale of market demand by committing to long-term capital investments.
C) enables a firm to tap the greater economies of scale.
D) decreases organizational responsiveness to the environment.
Q3) Which of the following is not true of a collective research organization?
A) It will help the firm leverage its own competencies.
B) A company can learn from other participating organizations.
C) It is a great way to gain immediate returns.
D) It allows the firm to share the cost and risk of basic research.
Q4) Effective collaboration agreements should be flexible enough to provide a graceful exit strategy for members that no longer wish to participate in the collaboration.
A)True
B)False
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Chapter 9: Protecting Innovation
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Sample Questions
Q1) _____ specifies a minimum level of copyright protection for all member countries,and requires member countries to offer the same protection to both its own citizens and foreign nationals.
A) The Berne Convention
B) The Universal Copyright Convention
C) The Rome Convention
D) The Brussels Convention
Q2) To make sure companies do not receive patents in countries where they do not intend on making the invention,some countries have a "working requirement" that
A) if the product does not work, it will not be granted a patent.
B) patents will only be granted to people who have been working in their country for at least one year.
C) the invention must be manufactured in the country where the patent was granted for a specified period of time.
D) the workers who manufacture the product must be from the country where the patent was granted.
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Chapter 10: Organizing for Innovation
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Sample Questions
Q1) The Kaibash Motor Company is considering using the loosely-coupled organizational structure.They have asked you for your evaluation of such a structure and whether you would recommend it for an automobile manufacturer.Provide your answer.
Q2) Biogyn produces tissues and diagnostics substances for three market segments: hospitals,universities,pharmaceutical companies.Jasper,a member of the upper management team,is trying to decide whether to decentralize its R&D activities by division or not.You have been called in as a consultant to explain the advantages and disadvantages of such a move.What will you say?
Q3) Standardization refers to the degree to which activities are performed in a uniform way.
A)True
B)False
Q4) Quasiformal structures
A) are slow to respond to the need for change.
B) foster interactions based on hierarchy.
C) are more relationship-focused.
D) play important boundary-spanning roles.
Q5) Explain why a mechanistic organizational structure can stifle creativity.
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Chapter 11: Managing the New Product Development Process
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Q1) Dr.Aznuck is a Professor of Information Systems at Mountain Home University.She was asked to be a beta tester for the latest version of Microsoft Office a year before it was released because she tends to use such programs in an advanced way and often develops her own solutions to problems with the programs.She made several suggestions for its improvement.She would be called a(n)
A) lead user.
B) alpha user.
C) expert technician.
D) consumer advocate.
Q2) Project champions
A) will increase the likelihood that a product will be successful in the market place.
B) are more likely to support projects that benefit the entire organization.
C) can come from any level in the organization.
D) are more likely to be involved with radical innovation projects.
Q3) In FEMA,problems are classified according to the time at which they occurred.
A)True
B)False
Q4) Explain the value of the stage-gate process of new product development.
Page 13
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Chapter 12: Managing New Product Development Teams
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Q1) The personality traits of individuals do not have an impact on the success of new product development teams.
A)True
B)False
Q2) Dr.Askew was the Chairman of the Freshman Program Committee at Mountain Home University.This committee was designing a new curriculum for freshman.When he negotiated with the Dean of the University that committee members have no other service assignments so they could concentrate on this project and that the team be given 12 months to complete its goals,he was performing a(n)_____ activity.
A) ambassador
B) task coordination
C) scouting
D) paternalism
Q3) The decentralized self-coordination international virtual team is suited to architectural innovation.
A)True
B)False
Q4) What are the advantages and disadvantages to having a heterogeneous new product development team?
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Chapter 13: Crafting a Deployment Strategy Index
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Sample Questions
Q1) The value of a technological innovation is mainly determined by what the technology can do.
A)True
B)False
Q2) If Circle Systems makes its smartphone technology open,it will attract more software companies to write programs for use on its smartphone.The downside to this is
A) its installed base will also decline.
B) the underlying platform used by Circle could become fragmented.
C) nobody will adopt the smartphone.
D) this practice is illegal.
Q3) Online distribution is suitable when customers are disbursed and require extensive education about the product.
A)True
B)False
Q4) A firm can signal its commitment to an industry by making substantial investments that would be difficult to reverse.
A)True
B)False
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