ADS557

INOVATION MANAGEMENT
RE-TEST
(10/08/2023)

Instruction:
Answer ALL questions

QUESTION 1

Cross-functional teams are made up of employees from different departments within an

organization. This arrangement allows opportunities for innovation, and are quickly replacing
traditional department focused work environment. Expand this statement.
(10 marks)

QUESTION 2

In order to achieve Product Success, a product must provide value to the consumer. Briefly
explain TWO (2) key elements required to ensure new product success.
(10 marks)

QUESTION 3

Briefly explain TWO (2) elements of effective learning in innovative organization.

(10 marks)

QUESTION 4

A caring work environment is where employees takes care of each other which in turn will
improve knowledge sharing. Expand this statement.
(10 marks)

QUESTION 5

Briefly explain how an organization can maximize opportunity while minimizing risk when it
applies Blue Ocean strategy.
(10 marks)

END OF ANSWER SCHEME