MIS CH 6

24 June 2024
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20 test answers

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question
Disruptive innovations don't need to perform better than incumbents; they simply need to perform well enough to appeal to their customers (and often do so at a lower price).
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True
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Many disruptive firms were started by former employees of the disrupted giants.
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True
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An option is a right and an obligation to make an investment.
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False
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Profit margins for disruptive innovations are usually worse than those for incumbent technologies.
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True
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Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially disruptive technologies than those that experiment with products that existing customers do not demand
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False
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ARM is one of the only firms, aside from Intel, that has scale allowing it to own and operate its own fabs.
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False
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Firms might not want to use ARM chips because they are incompatible with Intel chips.
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True
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Firms may want to use ARM chips because they draw less power than Intel chips.
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True
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Firms may want to use ARM chips because they draw less power than Intel chips.
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True
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Intuit has avoided disruption in the shift away from packaged software by developing products that leverage cloud computing, some of which are initially provided for free.
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True
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Which of the following is true of disruptive technologies? a. The tech industry is the least fertile ground for disruptive technologies. b. Initially underperforming incumbents, over time their performance attributes improve to the point where they invade established markets. c. They come to market with a set of performance attributes that existing customers have demanded. d. Disruptive technologies and disruptive innovations are independent concepts. e. The term disruptive technologies is a simple one because few technologies are able to create market shocks and catalyze growth.
answer
B
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Big firms fail to see disruptive innovations as a threat because: a. they primarily focus on the bottom line. b. they fail to listen to customer needs. c. they overestimate the impact of these innovations. d. they don't indulge in playing catch-up. e. they concentrate only on future financial performance.
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A
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The acronym VoIP is considered by many to be a disruptive innovation. It refers to: a. The technology used in internet telephony b. Cloud computing c. Semiconductor manufacturing technology d. DWDM
answer
A
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Which of the following is a way to recognize potentially disruptive innovations? a. Pay attention to slow-expensive advancements in technology. b. Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff. c. Become more consumer-focused. d. Indulge in bottom-line obsession. e. Increase conversation within same product groups.
answer
B
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Yahoo!'s mobile team didn't have an executive champion to protect and nurture the team during the pioneering phase when financial results couldn't be realized. It couldn't show substantial results, so managers were reassigned. This is an example of: a. social engineering b. the Creosote Bush effect c. overspending on unproven projects d. the options portfolio of innovation
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B
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1Incentives for U.S. consumer adoption of bitcoin are quite high.
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False
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Cross-border bank transfers are not likely to adopt bitcoin since these functions are already electronic and highly automated.
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False
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Low-margin retailers are interested in bitcoin because it may allow the elimination of fees associated with credit card transactions.
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True
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Like most open-source efforts, bitcoin was created by a consortium of for-profit corporations hoping to fuel adoption of a beneficial new standard.
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False
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Which of the following is true about bitcoin? a. In its current state, bitcoin can only process a fraction of transactions of traditional credit card companies. b. The grid-based, peer-produced verification network means bitcoin is as capable at processing transactions as even the largest credit card networks. c. Users transferring funds across border are likely to consider bitcoin beneficial because it has the potential to dramatically lower transaction fees. d. Despite the hype, there are no online retailers who current accept bitcoin, although this may change, soon. e. A and C are true. f. B and C are true. g. A, C, and D are true. h. B, C, and D are true.
answer
E