Management of Technology Innovation Set 1

QN1. Which of the following is NOT a part of Techno ware

A) Powered equipment

B) Automated machines

C) Computerized machines

D) Operating ability

Answer

Answer: D) Operating ability

QN2. Info ware consists of all the following EXCEPT

A) Describing facts

B) Familiarizing facts

C) Repairing abilities

D) Utilizing facts

Answer

Answer: C) Repairing abilities

QN3. Which of the following is NOT very important in managing technology

A) Production process

B) Product & process design

C) Information systems

D) Compensation packages

Answer

Answer: D) Compensation packages

QN4. Technology management is concerned with all EXCEPT

A) Incremental innovation in existing technologies

B) Development of new technology

C) Combining older technologies

D) Procurement of machines similar to the one existing

Answer

Answer: D) Procurement of machines similar to the one existing

QN5. An R& D centre is to be set up when

A) Technology is a competing strategy

B) The company uses reverse engineering

C) Subsidy exists for setting up R&D units

D) A Ph. D qualified person is to be promoted as a unit head

Answer

Answer: A) Technology is a competing strategy

QN6. Which of the following depict the central role of a corporate R&D

A) Development of relevant breakthrough technology

B) Continuous process and product improvement

C) Day to day problem solving

D) Engage in basic research

Answer

Answer: A) Development of relevant breakthrough technology

QN7. All of the following are determinants of productivity except

A) Effective control over cost and quality

B) Rationalization of work flow

C) Training hours spent on staff

D) Optimal scheduling of work and material handling

Answer

Answer: A) Effective control over cost and quality

QN8. A term used to indicate a good match between the technology utilized and the resources required for its optimal use

A) New technology

B) Emerging technology

C) Appropriate technology

D) Codified technology

Answer

Answer: C) Appropriate technology

QN9. Reverse engineering is also known as

A) Experience and design looping

B) Design to cost

C) Reengineering

D) Zero defect production

Answer

Answer: C) Reengineering

QN10. Productivity techniques used to reduce costs of one or more of production inputs by replacing with the cheaper available substitutes is known as

A) Group technology

B) TQM

C) Factor substitution

D) Six Sigma

Answer

Answer: C) Factor substitution

QN11. All of the following are characteristics of high technology EXCEPT

A) A fast rate of growth

B) High ratio of R&D expenditure to sales

C) Very limited market

D) Less educated employees

Answer

Answer: D) Less educated employees

QN12. All are reasons for external acquisition of technology EXCEPT

A) Firm lets other firms to take big risk before participation

B) Technology already developed saves time and cost

C) Technology that can be handled with existing machines and equipment

D) Doesn’t require recruitment of skilled labor

Answer

Answer: C) Technology that can be handled with existing machines and equipment

QN13. Technology that proprietary to a firm is known as

A) Basic technology

B) Generic technology

C) Key technology

D) Appropriate technology

Answer

Answer: C) Key technology

QN14. Which is NOT an issue in acquisition and absorption of technology from external sources

A) Difficult to assess the relative merits of technologies which are complex

B) Adapting and modifying technologies to local conditions

C) Negotiating technology license

D) Arranging payment for the technology

Answer

Answer: D) Arranging payment for the technology

QN15. All the following are technological intelligence capability EXCEPT

A) Ability to monitor worldwide technological trends

B) Ability to source technology

C) Ability to get skilled labor

D) Ability to mange acquired technology

Answer

Answer: A) Ability to monitor worldwide technological trends

QN16. A technology for which research has progressed far enough to indicate its success is known as

A) High technology

B) Emerging technology

C) Appropriate technology

D) Codified technology

Answer

Answer: B) Emerging technology

QN17. All of the following are basic constituents of JIT EXCEPT

A) Simplification of product design

B) Improvement of plant layout design based on flow

C) Immediate payment to suppliers

C) Making vendors partner to the production process

Answer

Answer: C) Making vendors partner to the production process

QN18. Which of the following is not a characteristic of CIM

A) Compatible hardware and software

B) Paperless office and integrated business system

C) Flexibility of operations and low cost of implementation

D) Use of CNC machines

Answer

Answer: D) Use of CNC machines

QN19. Gaurav’s role in his organization is to scan the market and bring new technologies to the organization. His role can be identified as

A) Project manager

B) Sponsor

C) Technological gatekeeper

D) Entrepreneur

Answer

Answer: A) Project manager

QN20. The development of new hybrid technologies by combining the capabilities of existing technologies is called

A) Technovation

B) Technology fusion

C) Technology intelligence

D) Technology push

Answer

Answer: B) Technology fusion

QN21. A necessary condition for technological fusion is

A) Technological diversification

B) Technological determinism

C) Technology codification

D) Technology integration

Answer

Answer: A) Technological diversification

QN22. All of the following are part of business alliances in use in Japan EXCEPT

A) Exchange of expertise by companies in different fields

B) Merger and acquisition of companies

C) Alliance among large, medium and small companies

D) International alliances among industries in developed countries

Answer

Answer: B) Merger and acquisition of companies

QN23. Core competence of Sony is

A) Capacity to miniaturize

B) Optical media expertise

C) Heavy R&D expenditure

D) JIT production

Answer

Answer: C) Heavy R&D expenditure

QN24. Japanese companies focus on _____ rather than result

A) People

B) Processes

C) Quality

D) Plans

Answer

Answer: C) Quality

QN25. Which of the following is NOT a conducive atmosphere for innovation

A) An open decentralized organizational structure

B) Ensure that new ideas are not easily killed

C) Minimize administrative interference

D) Tight deadlines

Answer

Answer: D) Tight deadlines

QN26. Two basic objectives of a national policy relate to the promotion of productivity, innovation and competition on one hand and the facilitation of the firm’s ___ on the other

A) Competitive capabilities

B) Financial strength

C) Autonomy

D) Labor unions

Answer

Answer: B) Financial strength

QN27. Following are reasons for making inventions EXCEPT

A) Personal satisfaction

B) Solving problems faced in everyday life

C) Being recognized by others

D) Zeal for charity

Answer

Answer: D) Zeal for charity

QN28. Neighboring rights does not include

A) The rights of performing artists in their performance

B) The rights of producers of Phonograms in their phonograms

C) The rights of broadcasting organization in their radio television broadcast

D) The rights of authors in their books

Answer

Answer: A) The rights of performing artists in their performance

QN29. The process of _____ threatens the developing world by appropriating the collective knowledge of the society into proprietary knowledge for the commercial profit of a few

A) Liberalization

B) Globalization

C) Privatization

D) Commercialization

Answer

Answer: B) Globalization

QN30. Which is not a planned channel for technology transfer

A) Reverse engineering

B) Joint venture

C) Franchise

D) Foreign Direct Investment

Answer

Answer: A) Reverse engineering

QN31. The six step ASSETS process does not contain

A) Asses current situation

B) Specify technology strategy

C) Codify technology

D) Select technology portfolio

Answer

Answer: C) Codify technology

QN32. Traditionally intellectual property is divided into two groups. If one is Copyrights, which is the other

A) Agricultural Property rights

B) Real estate rights

C) Industrial Property rights

D) Self expression rights

Answer

Answer: C) Industrial Property rights

QN33. WIPO convention covers all of the following under IPR except

A) Performances of performing artists, phonograms and broadcasts

B) Scientific discoveries

C) Trademarks, service marks, and commercial names and designations

D) Agricultural patent rights

Answer

Answer: D) Agricultural patent rights

QN34. A form of networking of institutions and activities for inducting high technologies

A) Technology Park

B) Technology associations

C) Technology groups

D) Technology centers

Answer

Answer: D) Technology centers

QN35. The act of producing or selling a product containing an intentional and calculated reproduction of a genuine trademark is called

A) Counterfeiting

B) Cyber squatting

C) Infringement

D) Copyrights violation

Answer

Answer: A) Counterfeiting

QN36. When a producer has authorization from an IPR holder to produce goods but exceeds the quantity, the excess goods are

A) Illegitimate goods

B) Overrun goods

C) Grey market goods

D) Black goods

Answer

Answer: D) Black goods

QN37. The term used to protect the rights of an unpublished book

A) Copyright

B) Trademark

C) Service mark

D) Publishing rights

Answer

Answer: D) Publishing rights

QN38. Area not covered by TRIPS agreement

A) Trademarks and service marks

B) Industrial designs

C) Geographical indications

D) Layout design of manufacturing plans

Answer

Answer: C) Geographical indications

QN39. MFM treatment under TRIPS means

A) Mild and fast foreign negotiations with MNC’s

B) Treating everyone equally

C) Special treatment to some nations

D) Increasing reciprocity

Answer

Answer: B) Treating everyone equally

QN40. Darjeeling tea has protected its intellectual property rights based on

A) Trademark

B) Service mark

C) Geographical indications

D) Patents

Answer

Answer: A) Trademark