Choose the correct option please:

1)Some of the advantages of collaboration include _________ costs and risks of development, combining complementary skills and resources, enabling the transfer of knowledge between firms and the joint creation of new knowledge, and facilitating the creation of shared standards.

a.All three answers are correct.

b.no cost at all

c.increasing

d.sharing

2) The biggest disadvantage many first movers face is uncertainty over ______ requirements.

a.partners b.suppliers

c.consumers d.retailers

3) ______ analysis involves identifying any entity with an interest in the firm, what it wants from the company, and what claims it can make on the company.

a.Stakeholder

b.Supplier

c.Investor

d.Shareholder

4) Firms often use a combination of quantitative and qualitative methods to evaluate which projects should be _________.

a.none of the answers are correct

b.funded

c.closed

d.investigated

5)Different dimensions have been used to distinguish types of innovation. Which one does not fall in any of such dimensions?

a.Radical versus incremental innovation

b.Service versus process innovation

c.Product versus process innovation

d.Competence enhancing versus competence destroying innovation

6) Firms often collaborate with a number of external organisations (or individuals) in their innovation activities. Firms are most likely to collaborate with ____________.

a.suppliers

b.customers

c.All three answers are correct.

d.universities

7) The dominant design ___________ embodies the most advanced technological features available at the time of its emergence.

a.rarely b.sometimes

c.always

d.none of the answers are correct

8) In some industries, ______ welfare benefits of having a single standard have prompted government regulation, such as the European Unions mandate to use the GSM cellular phone standard.

a.All three answers are correct.

b.the consumer

c.the supplier

d.the employee

9) Many firms receive more than one-third of their sales and profits from products developed within the ________.

a.Past 10 years

b.Past one year

c.Past five years

d.Past three years

10)

______ may be able to build brand loyalty and a reputation for technological leadership, pre-emptively capture scarce resources, and exploit buyer switching costs.

a.A slow mover

b.A late mover c.none of the answers are correct

d.A first mover