Explain the three key roles that people may play within an organization to acquire or develop technology.
What will be an ideal response?
In organizations, managers and employees may play key roles in acquiring and developing new technologies:
1. The technical innovator develops the new technology or has the skills needed to install and operate the technology. This person possesses technical skills but perhaps not the managerial skills needed to advance the idea and secure organizational resources for the project.
2. The product champion-often at the risk of his or her position and reputation-promotes the idea throughout the organization, searching for support and acceptance. The champion can be a high-level manager but often is not. If the champion lacks the power and financial resources to act independently, she or he must convince people in authority to support the innovation. In other words, product champions must get sponsorship.
3. Sponsorship comes from the executive champion, who has the status, authority, and financial resources to support the project and protect the product champion.
You might also like to view...
Explain how a sudden change in productivity could lead to a change in economic output. Give an example.
What will be an ideal response?
Current FMV of assets and liabilities of non-goodwill assets is one of the factors affecting goodwill impairment valuations
a. True b. False Indicate whether the statement is true or false
A ______ is a training method that simulates a real-life situation to teach students what actions to take in the event that they encounter a similar situation on the job.
A. selection B. simulation C. competency D. reinforcement
Answer the following statements true (T) or false (F)
The decision usefulness approach is one of the classical approaches to accounting theory mentioned in SATTA.