NETW 583 Week 4 Midterm Exam (Version 2)
NETW 583 Midterm Exam (Version 2 – Essay)
- Question 1) What are some of the negative impacts the technological innovation has on society? How would you answer critics who cite the negative impacts of technological innovation?
- Question 2) Describe how the globalization of markets has affected the importance of innovation.
- Question 3) Explain how an understanding of the innovation funnel might influence a company’s view on research and development.
- Question 4) why is it that after a product has been on the market for a while and selling well, companies will lower the price.
- Question 5) CAD CAM helps create small product niche. Give examples of how a market with different niches uses CAD CAM.
- Question 6) Think about a product or service that you would innovate. What would you focus on?
- Question 7) Focus on something that you learned in class and tell why?