Question

1.An act that enables a firm to rapidly access another firm’s expertise, scale, or other advantages is known as __________________.

Select one:

a. agile development

b. crowdsourcing

c. offshoring

d. outsourcing

2.

A product design that is adopted by the majority of producers, typically creating a stable architecture on which the industry can focus its efforts is called _________________.

Select one:

a. superior design

b. leading design

c. outstanding design

d. dominant design

3.

An innovation that is very new and different from prior solutions is known as _______________________.

Select one:

a. radical innovation

b. component innovation

c. architectural innovation

d. incremental innovation

4.

A private network, accessible only to authorised individuals. It is like the internet but operates only with the organisations is called __________________.

Select one:

a. intranet

b. LAN

c. ethernet

d. WAN

5.

In some industries, the consumer welfare benefits of having a single standard have prompted government ______________.

Select one:

a. policy

b. decision

c. regulation

d. instruction

Answer 1