Which of the following is a difference between a skunk works and a new venture division?
A) A skunk works is formed for marketing a newly developed product whereas a new venture division is formed for improving the quality of a newly developed product.
B) A skunk works consists of top-level managers whereas a new venture division consists of low-level managers.
C) A skunk works is dissolved when the product is brought to market whereas a new venture division assumes full responsibility for the commercialization of the product.
D) A skunk works is formed for achieving an incremental innovation whereas a new venture division is formed for achieving a quantum innovation.
Question 2Which of the following is most likely to promote innovation in an organization?
A) adopting a product team structure
B) increasing vertical differentiation
C) decreasing the flexibility of the organization
D) increasing the number of levels in the organizational hierarchy
Question 3Which of the following is most likely to help an organization align the interests of their talented employees with those of the organization?
A) mechanistic organizational structure
B) strong property rights
C) centralized decision-making authority
D) a tall organizational hierarchy
Question 4Which of the following structures is most suitable for managing innovation in high-tech organizations?
A) functional structure
B) market structure
C) product team structure
D) geographic structure
Question 5Which of the following actions taken by an organization leads to the creation of strong property rights?
A) using 360 degrees performance evaluation method for conducting employee appraisals
B) centralizing decision-making authority
C) giving innovative employees stock options proportional to the increase in profitability that can be attributed to their efforts
D) giving employees an opportunity to learn new skills with the help of job rotation
Question 6Which of the following terms best represents the knowledge building created when two or more individuals or subunits pool their resources and cooperate and collaborate across role or subunit boundaries?
A) technical discontinuities
B) economies of scale
C) information synergies
D) economies of scope
Question 7Survey feedback interventions are most effective _____.
a. for long-range planning
b. when used with T-group analysis
c. when used in conjunction with other OD activities
d. when the surveys are formulated by a self-managed team composed of members from a cross section of the organization
e. answers a and d
Question 8Both collusions and cartels are illegal in the United States.
Indicate whether the statement is true or false
Quick Reply
