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Q: There are two types of business innovation:
Ans: sustaining and disruptive.
Q: The type of innovation that improves an existing product or enhances an
existing service for an existing customer is known as:
Ans: sustaining innovation.
Q: The type of innovation that targets non-customers and delivers a product
or service that fundamentally differs from the current product portfolio is
known as:
Ans: disruptive innovation.
Q: To be successful, the disruptive innovation must meet two basic
requirements:
, Ans: create mechanisms to capture value and create customer value.
Q: I have frequent and relentless change within my organization. What do I
have?
Ans: Continuous change
Q: It used to be that organizations in general, and IT managers in particular,
were at the forefront of finding uses for new technology. Who are the leaders
now?
Ans: Regular people.
Q: Three technologies came together to make social computing possible and
they are continuing to expand its reach and usefulness. Two of them are (1)
cheap devices and (2) new applications. But there's a third technology and
without it social computing would be nowhere as popular as it is today. What
is it?
Ans: Anywhere / anytime connectivity.