A04 - Will you be a competitor or a benchwarmer? Competing & winning in the flat world.
Q.1
Our speaker, Mr. Holifield described the Innovation Economy as the time period we are in right now, which is marked by radical socioeconomic changes brought about by the simultaneous unique convergence of four factors. Which is not one of these factors:
Limited availability of information
Further globalized commerce
Exponential entrepreneurship growth
Accelerated new knowledge creation
Q.2
Mr. Holifield told a story about his grandfather who was one of the 100,000 workers at the Henry Ford automobile plant in the 1930’s. Today, Ford employs 166,000 workers worldwide and produces more products than ever. What point did he make?
An increase in technology adoption is helping us produce less goods and services with fewer people
Ford will continue to employ workers worldwide
A decrease in technology adoption is helping us produce more goods and services with fewer people
An increase in technology adoption is helping us produce more goods and services with fewer people.
Q.3
Mr. Holifield described what an innovation ecosystem looks like and the assets that combine together to create this ecosystem. What is one of the assets he mentioned?
Philanthropy
People/Talent
Researchers
All of the above
Q.4
According to Mr. Holifield, the best definition of entrepreneurship (the pursuit of opportunity regardless of resources currently controlled) was written by:
Dr. Julian Earls
Professor Howard Stevenson
Bill Gates
Dr. Hans Rosling
Q.5
What was a Mr. Holifield’s “Bo Jackson Moment”?
Be the best you can be
Be envious of Bo Jackson because he was so talented
Maximize your endowments
Both Be the best you can be & Maximize your endowments