1. Question : (TCO A) Which of the following is most clearly an example of process innovation?
Student Answer: a pizza chain is able to develop a method of baking pizza that enables pizzas to be baked in 10 minutes rather than the standard 20 minutes during the late 1980s a potato chip company introduces a line of its potato chips with a new type of seasoning. a major motion picture studio releases a new 3D movie.
a tire manufacturer develops a tire that re-inflates itself instantly when it is punctured Instructor Explanation: Chapter 3
Points Received: 4 of 4 Comments:
Question 2. Question : (TCO A) After Yahoo! was introduced as an easy way to search the World Wide Web, it was followed by…show more content… The retreat can stay in the incubator for two years to make sure their goal is met to reduce overhead and operational cost for the new businesses. Instructor Explanation: An incubator is an institution designed to nurture the development of new businesses that might otherwise lack access to funding or advice. It allows companies to share costs and resources until they can stand on their own. If an incubator were started in Salisbury, it would help new businesses to grow and prosper. These businesses could then move out to locations of their own and hire local residents as employees. The city would not have to offer tax breaks or compete with other cities for the location of existing companies, but would be growing their own businesses.
Points Received: 30 of 30 Comments:
Question 3. Question : (TCO B) Explain why it is that if a company's technology is adopted by users ahead of other technologies, it might be at a tremendous advantage and competitors will have trouble catching up.
Student Answer: Early adopters are more integrated in the social system and are respected by their peers giving that dominant design. Competitors cannot keep up due to higher innovation and prices dropping due to customer penetration. These advantages asset a companies technology diffusion. Other factors involved are the time it would take to switch technologies or develop new competencies. It would also affect the new technology
