A task force is a permanent committee or team formed to tackle a long-term problem affecting several departments of an organization.
Indicate whether the statement is true or false.
Question 2Open innovation refers to opening up the search for new ideas beyond the organization's boundaries and allowing innovations to easily transfer inward and outward.
Indicate whether the statement is true or false.
Question 3Communities of practice refer to groups of people who share a concern, a set of problems, or a passion about a topic, and who deepen their knowledge and expertise in that area by interacting on an ongoing basis.
Indicate whether the statement is true or false.
Question 4In order to make communities of practice effective, it is important to remove any sort of managerial supervision.
Indicate whether the statement is true or false.
Question 5Which of the following is a drawback of open innovation?
A) It increases the level of risk associated with product development.
B) It diverts the organization's attention away from the marketplace.
C) It nurtures external relationships but not internal ones.
D) It requires extensive support.
Question 6Which of the following is an advantage of open innovation?
A) It can be implemented even if the organization follows a rigid structure.
B) It requires minimal support from top management.
C) It gives customers a voice and allows them to be heard.
D) It requires few, if any, changes in the way knowledge is shared.