- True or False: Organizational rejuvenation focuses on improving the organization's structure, processes, and capabilities.
- True or False: Business model reconstruction involves redesigning the business model of a firm.
- True or False: Acceleration in the DIA model involves creating and recognizing business concepts.
- True or False: Business model innovation focuses more on the business model than on the product or service.
- Which attribute is essential for an entrepreneurial manager?a) Can spot and reward desired entrepreneurial traitsb) Focuses solely on short-term gainsc) Avoids creative abrasiond) Emphasizes formalized procedures
- True or False: A value-driven business model is difficult to provide individualized attention or use expensive inputs.
- What is emphasized in the training and development category of HRM?a) Specific skills over generic skillsb) Immediate rewardsc) Broadly defined job-related tasksd) Ongoing development and investment
- Which HRM category focuses on how employees are guided and activities improved?a) Job planning and designb) Recruitment and selectionc) Performance appraisalsd) Compensation and rewards
- True or False: Recruitment and selection in HRM should focus only on internal candidates.
- True or False: Non-financial rewards such as recognition and time off are important in HRM.
- True or False: Disruption means that companies will always be replaced by new entrants.
- Which revenue stream involves customers paying based on their usage of a product or service?a) Asset saleb) Usage feec) Subscription feed) Advertising
- Which part of the DIA model involves evolving a concept into a feasible business proposition?a) Discoveryb) Incubationc) Accelerationd) Commercialization
- True or False: Netflix believes that firing is always bad for the company culture.
- What is a key aspect of Netflix's approach to HR?a) Avoiding transparency in expectations and evaluationsb) Hiring and retaining "A players"c) Delaying firing as long as possibled) Strictly hierarchical management structure
- True or False: Job planning and design involve emphasizing what employees do rather than how they do it.
- What does "Yes and..." focus on in creative abrasion?a) Roadblocksb) Solutionsc) Dividing groupsd) Limiting diversity of ideas
- True or False: Joint ventures are an example of cooperative corporate venturing.
- True or False: Strategic entrepreneurship always involves the creation of new businesses.
- What is a key characteristic of strategic entrepreneurship?a) Focuses exclusively on creating new businessb) Involves large-scale innovations for competitive advantagec) Only involves joint venturesd) Always involves acquisitions