Which of the following describe innovation-related challenges in business?

a) Tech-focused inventions sometimes solve problems nobody                 cares 

b) Being the first mover doesn’t guarantee success;                                     latecomers

c) All innovators are entrepreneurs and vice versa.

Place the following actions of Ntsakisi and Hluvuko Baloyi Interiors in the correct sequence of the creative process:

a) A team member shouts, “This is it!” after a long brainstorming             session.

Which

of the following combinations with regard to the stages of the organisational

life cycle are correct?

a. 

Growth through collaboration: Collaboration takes

the form of creating semi-autonomous

product divisions and strategic business units.

b. 

Start-up and early growth: The launching of a

venture and the initial penetration of the market.

c. 

Growth through direction: Where management puts the

necessary systems and structures in place, and augments the leadership team

with functional area professionals, another period of sustained growth ensures.

d. 

Growth through Coordination: Companies must

simplify structures and procedures, reduce head office staff, reassign staff

experts, create matrix structures and emphasise innovative projects involving

cross-functional teams.

Which

of the abovementioned elements relate to the mechanistic organisational

structure?

Rethabile Tech, aiming to lead SA’s smart device sector, simply mimics iConnect’s innovation strategy. It fails to consistently innovate due to lacking internal resources. What strategic pitfalls are evident?

Figure by Slevin and

Covin (1990) below;

In Cell 1 of the Slevin and Covin model above, a good match between an organic structure and entrepreneurial management results in what type of firm?

Which of the following best describes discontinuous innovation?

Entrepreneurship is built on three core dimensions. The ability of a business to operate in unusual, original ways reflects _______________, while the willingness to take action on uncertain but promising opportunities reflects _______________.

Which of the following suggests that Vodacom is engaging in corporate entrepreneurship?

a. 

Its mobile network services have become a

household standard.

b.  Vodacom runs an internal innovation lab

staffed by engineers          and developers 

c.  Despite economic pressures in 2020,

Vodacom invested                   billions

d.  Vodacom operates as a telecommunications giant hiring over          7,000 people.

One of the nine venture design options involves areas where strategic importance is unclear but operational alignment is strong. This design is called: