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POM EXAM PRACTICE QUESTIONS AND 100% VERIFIED ANSWERS!!

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POM EXAM PRACTICE QUESTIONS AND 100% VERIFIED ANSWERS!!

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POM EXAM PRACTICE QUESTIONS AND
100% VERIFIED ANSWERS!!
_____ are patterns of innovation over time that can create sustainable competitive
advantage.

Innovation streams

An innovation stream begins with _____.

a technological discontinuity

Which of the following best defines technological discontinuity?

It is the phase of an innovation stream in which a scientific advance or unique combination of
existing technologies creates a significant breakthrough in performance or function.

Technological substitution occurs when:

customers purchase new products to replace older technologies.

Large investments in old technology and the incompatiblility of new and old technologies
with each other are the main reasons companies and consumers are reluctant to switch to a
different technology during a(n) _____.

design competition

During design competition, _____.

an older technology usually improves significantly in response to the competitive threat from the
new technologies

_____ is a new technological design or process that becomes the accepted market standard.

A dominant design

When USB flash drives started becoming popular, customers stopped purchasing CDs. As
a result, USB flash drives almost completely replaced CDs in the market and became the
accepted market standard for storage devices. In the context of innovation streams, this
scenario best illustrates _____.

, a dominant design

When cell phones were introduced, most customers stopped using landline telephones.
Eventually, cell phones almost entirely replaced landline telephones and became the
accepted market standard for phones. In the context of innovation streams, this scenario
best illustrates _____.

a dominant design

Which of the following statements is true of technological lockout?

It occurs when a new dominant design prevents a company from competitively selling its
products.

Which of the following best defines an incremental change?

It is a phase in which companies innovate by lowering the cost and improving the functioning
and performance of a dominant design.

_____ are workplace cultures in which workers perceive that new ideas are welcomed,
valued, and encouraged.

Creative work environments

_____ is a psychological state of effortlessness, in which you become completely absorbed in
what you are doing and time seems to pass quickly.

Flow

Which of the following statements is true of creative work environments?

Workers become bored when they can do more than is required of them.

Organizational encouragement of creativity occurs when:

management encourages risk taking and new ideas.

In the context of creative work environments, which of the following statements is true?

Numerous studies have indicated that creative ideas thrive under conditions of freedom.

Which of the following statements is true of the experiential approach to innovation?

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