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Management > Chapter 17 > Flashcards

Chapter 17 Flashcards

1
Q

Easiest way to get new technology is to ____.

A

Buy it

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2
Q

Advantage of Technology Leadership

A

Establishment of entry barriers

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3
Q

Disadvantage of Technology Leadership

A

Greater risks

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4
Q

Technical Innovator

A

A person who develops a new technology or has the key skills to install and operate the technology

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5
Q

Product Champion

A

A person who promotes a new technology throughout the organization in an effort to obtain acceptance of and support for it

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6
Q

Executive Champion

A

An executive who supports a new technology and protects the product champion of the innovation

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7
Q

What is Process Innovation?

A

A change in the way outputs are produced.

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8
Q

Technology Life Cycle

A

Cycle begins with the recognition of a need and a perception of a means by which the need can be satisfied through applied science or knowledge.

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Management (10 decks)

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