MHR MIDTERM EXAM QUESTIONS AND ANSWERS
A module is a dependent, unique unit that can be combined with others to form a larger system -
CORRECT ANSWER✅✅false
________ is the conventional version of the following creative management practice ________ -
CORRECT ANSWER✅✅Cater to people who will analyze and support the work; Stay away from, divert,
or bore anyone who just wants to discuss money
According to the overall development process, when should you iterate - CORRECT ANSWER✅✅After
unsatisfactory tests
Which of the following is not one of the best practices for a team entering the prototyping phase? -
CORRECT ANSWER✅✅Have a minimum awesome product before starting to prototype
Which of the following is a way that Teva promotes rapid prototyping? - CORRECT
ANSWER✅✅Sponsoring hackathons
In the five factors of usability, you can ask ________ to learn about ________. - CORRECT
ANSWER✅✅"How fast can an experiences user complete the necessary steps?"; Efficiency of use
Which of the following is the last step in the creativity process before reframing and starting again? -
CORRECT ANSWER✅✅build a prototype
By describing the light in terms of ________, Thomas Edison made the electric light feel ________. -
CORRECT ANSWER✅✅Established institutions; familiar
Which of the following is not listed as a brainstorming rule? - CORRECT ANSWER✅✅listen to yourself
Creativity is the ability to use the imagination to harvest existing ideas, strategies, business models, or
solutions. - CORRECT ANSWER✅✅false
, The extent of the value of a radical invention is known only to its inventor. - CORRECT ANSWER✅✅false
The invention of the electric refrigerator began with: - CORRECT ANSWER✅✅societal need
Emergent Markets have: - CORRECT ANSWER✅✅no established industry rules
A firm is said to have the first-mover advantage if they are the first to cross the chasm. - CORRECT
ANSWER✅✅false
Alphabet can fund ________ thanks to ________ - CORRECT ANSWER✅✅moonshot companies;
revenue from search and ads
The following are all listed as elements of an attractive innovation strategy except: - CORRECT
ANSWER✅✅Opportunity to take advantage of resources
Before the period of opportunity, both first movers and followers are engaged in: - CORRECT
ANSWER✅✅an innovation period
Which of the following would not make you a first mover? - CORRECT ANSWER✅✅Taking
organizational capabilities from similar firms
Characteristics of an invention do not include: - CORRECT ANSWER✅✅opportunity
What question, as depicted in figure 5.4, is on the way from a new invention to a new firm? - CORRECT
ANSWER✅✅Will this new invention be exploited as a new venture led by a team?
Spotify is an example of the ________ business model. - CORRECT ANSWER✅✅freemium
The vision incorporates the basic tenants of the mission statement. - CORRECT ANSWER✅✅false
A module is a dependent, unique unit that can be combined with others to form a larger system -
CORRECT ANSWER✅✅false
________ is the conventional version of the following creative management practice ________ -
CORRECT ANSWER✅✅Cater to people who will analyze and support the work; Stay away from, divert,
or bore anyone who just wants to discuss money
According to the overall development process, when should you iterate - CORRECT ANSWER✅✅After
unsatisfactory tests
Which of the following is not one of the best practices for a team entering the prototyping phase? -
CORRECT ANSWER✅✅Have a minimum awesome product before starting to prototype
Which of the following is a way that Teva promotes rapid prototyping? - CORRECT
ANSWER✅✅Sponsoring hackathons
In the five factors of usability, you can ask ________ to learn about ________. - CORRECT
ANSWER✅✅"How fast can an experiences user complete the necessary steps?"; Efficiency of use
Which of the following is the last step in the creativity process before reframing and starting again? -
CORRECT ANSWER✅✅build a prototype
By describing the light in terms of ________, Thomas Edison made the electric light feel ________. -
CORRECT ANSWER✅✅Established institutions; familiar
Which of the following is not listed as a brainstorming rule? - CORRECT ANSWER✅✅listen to yourself
Creativity is the ability to use the imagination to harvest existing ideas, strategies, business models, or
solutions. - CORRECT ANSWER✅✅false
, The extent of the value of a radical invention is known only to its inventor. - CORRECT ANSWER✅✅false
The invention of the electric refrigerator began with: - CORRECT ANSWER✅✅societal need
Emergent Markets have: - CORRECT ANSWER✅✅no established industry rules
A firm is said to have the first-mover advantage if they are the first to cross the chasm. - CORRECT
ANSWER✅✅false
Alphabet can fund ________ thanks to ________ - CORRECT ANSWER✅✅moonshot companies;
revenue from search and ads
The following are all listed as elements of an attractive innovation strategy except: - CORRECT
ANSWER✅✅Opportunity to take advantage of resources
Before the period of opportunity, both first movers and followers are engaged in: - CORRECT
ANSWER✅✅an innovation period
Which of the following would not make you a first mover? - CORRECT ANSWER✅✅Taking
organizational capabilities from similar firms
Characteristics of an invention do not include: - CORRECT ANSWER✅✅opportunity
What question, as depicted in figure 5.4, is on the way from a new invention to a new firm? - CORRECT
ANSWER✅✅Will this new invention be exploited as a new venture led by a team?
Spotify is an example of the ________ business model. - CORRECT ANSWER✅✅freemium
The vision incorporates the basic tenants of the mission statement. - CORRECT ANSWER✅✅false
