Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. According to Tom Davenport, step 1 of Business process reengineering is: Develop the Business Vision and Process Objectives. True/False 2. According to Michael Hammer,

1. According to Tom Davenport, step 1 of Business process reengineering is: "Develop the Business Vision and Process Objectives." True/False

2. According to Michael Hammer, in BPR, the role of the process owner needs to be defined first, before developing a process-centered organization. True/False

3. In the Sloan Valve case, which of the following is false:

Sloan had a high idea attrition rate (over 50%) in New Product Development (NPD) process.

Sloan appointed the CEO as the CPO.

Sloan used the ideation portal as the internet platform to manage new product ideas until they are commercially launched.

Sloan used the stage-gate methodology as a mechanism to assess the outputs from each of the six NPD processes.

4. According to the "You need an Innovation Strategy" HBR article by Gary Pisano, Texas Instruments followed the demand-pull approach, when it invented the handheld calculator. True/False

5. According to Langdon Morris (Innovate the Innovation process article), Ideation (creating ideas) occurs prior to the disciplined innovation process. True/False

6. The innovation map presented by Gary Pisano (You need an Innovation Strategy - HBR article), does not contain the following innovation strategy:

Disruptive

Architectural

Radical

Reengineered

7. Lean start-ups practice ____________ which originated in the software industry.

Waterfall Methodology

Agile Development

Audit Methodology

CMM Methodology

8. The Business Model Canvas (BMC Slidedeck) has 8 building blocks which includes among others key suppliers, key stakeholders and key strategies. True/False

9. According to Petra Oseli (BMC slidedeck), salesforce.com is an example of:

Atomizer

Social Transformer

Integrator

Challenger

10. Which of the following is not one of the seven deadly sins of innovation?

Believing you can see the future

Choosing Big over Fast

Mistaking your customers for innovators

Having more ambition than capability

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Proof Tax Shelters

Authors: Donald Jay Korn

1st Edition

0130509310, 978-0130509314

More Books

Students also viewed these Accounting questions

Question

Write a short note on rancidity and corrosiveness.

Answered: 1 week ago