Organizations without skills needed to implement innovation

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Reference no: EM132183211

1. In organizations without the skills needed to implement an innovation, even

certain technologies may have tremendous market applicability.

promising technological advances may prove disastrous.

internal capabilities to execute their technology strategies must be developed.

base strategies on core capabilities apply to technology.

efficiency becomes effective.

2. Groups at all levels in an organization can do all of the following except

1-hold change efforts together.

2-communicate information about the changes.

3-provide the means for enacting new behaviors.

4-establish a sense of urgency. lead the change.

3. Use the information given below to answer the questions that follow.

True Nutri Inc. sells performance enhancing foods and beverages for athletes and health-conscious people. In a recent product development meeting, Mike suggested that True Nutri Inc. should acquire a new technology developed by One Health Corp. for infusing vitamin and mineral blends into food. He believed it would be easier to acquire the technology directly from One Health Corp. Justin felt that the method of infusing blends into food should be developed within True Nutri Inc. itself. He knows it may take longer but feels that the competitive advantage it would provide was worth the wait. Lara suggested that True Nutri Inc. should use its resources and work jointly with One Health Corp. to develop an entirely new product.

Based on the scenario, which method of acquiring technology does Justin favor?Question 1 options:

1-internal development

2-licensing

3-contracted development

4-franchising

5-research partnership

Reference no: EM132183211

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