Essay on Midterm Exam Doc

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Pages: 6

(TCO A) Which of the following is most clearly an example of process innovation? (Points : 4) | a pizza chain is able to develop a method of baking pizza that enables pizzas to be baked in 10 minutes rather than the standard 20 minutes during the late 1980s a potato chip company introduces a line of its potato chips with a new type of seasoning. a major motion picture studio releases a new 3D movie. a tire manufacturer develops a tire that re-inflates itself instantly when it is punctured | |

Question 2. 2. (TCO A) Which of the following is true about technology trajectories? (Points : 4) | a technology is always replaced by a new technology after its trajectory has flattened (i.e., it has reached its performance limits)
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You can also find out when the USB drive is about to be full that you can change into another technology or you can build a new better technology on your own dime. It is difficult to know when the limits of a technology is at its peak. Many things can affect this and the limit can be extended in the market factors. Our competitors may have already build the new technology or it may be some time for the new tech to be in full demand by consumers.

(TCO B) Joseph had an idea that he could speed up a floor buffing machine by putting a different motor on it. He even tried a lawnmower motor and almost blew himself up with another motor. After about 25 tries, he was able to make a buffer run much faster with a new motor and started his own company. Other companies began making competing products that were similar to Joseph s design, but they were unable to improve their designs as fast as Joseph. Why might this be the case? (Points : 29)
You know this saying if you don’t fail you won’t succeed. Success comes from failure you won’t learn anything unless you fail. Each of the times that joseph failed he learned the reason why his invention failed it gives him the convention to keep trying and find another way to make it work. His knowledge on how the motor works and what different parts that he uses to make it work better helped him to understand which methods might be useful in the long run. It will also help the