Q26. Which of the following situations characterizes a high level of transilienc

Question

Q26. Which of the following situations characterizes a high level of transilience?
   a. Working with an innovation that has major impact on how the organization approaches production in an environment of stable markets
   b. Working with an innovation that has major impact on how the organization approaches production and addresses changing markets
   c. Moving quickly from R&D efforts to production efforts
   d. Moving quickly from R&D and production into the market introduction of a new product

Q27. Businesses that depend heavily on venture capital funding____.
   a. find that the ownership share of the entrepreneur-owners is diluted
   b. typically borrow money from the venture capitalists
   c. are usually given latitude to manage their business without input from the venture capitalists
   d. must structure themselves as C-corporations before they can accept venture capital investments

Q28. Which of the following illustrates incremental innovation?
   a. Invention of the light bulb
   b. Establishing the world wide web
   c. Releasing Version 2.0 of the Windows operating system
   d. Invention of movable type by Guttenberg

Q29. At the time the electric light bulb was invented by Edison, a major challenge he faced in selling them was:
   a. fighting a lawsuit by Westinghouse Corporation, claiming his light bulb patent infringed one they held
   b. dealing with competition from overseas
   c. handling claims by his partners that they were entitled to half the profits derived from light bulb sales
   d. the absence of electric power distribution systems in American communities

Explanation / Answer

Q.26 Answer B

Working with an innovation that has major impact on how the organization approaches production and addresses changing markets

Q27 Answer  D

must structure themselves as C-corporations before they can accept venture capital investments

Q28   a. Invention of the light bulb

Q29   b. dealing with competition from overseas

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