IDEATION

To make innovation everybody’s business and figure out how to add value to ideas, products, and available services (correct)

To reduce the impact of digitalization and e-commerce on traditional businesses

To maintain the status quo and resist change in business operations

To eliminate competition and establish monopoly in the market

Decline of online shopping and rise of brick-and-mortar stores

Decline of e-commerce and rise of traditional retail

Rise of online shopping and decline of brick-and-mortar stores (correct)

Rise of in-person events and decline of virtual events

Stick to traditional business practices and avoid experimentation

Rely solely on existing products and services without any innovation

Ignore market trends and industry news

Experiment with new business ideas, models, and solutions through ideation (correct)

Personal skill set evaluation and identifying marketable skills Signup and view all the answers

Developing a new recipe for a dish or dessert if good at cooking Signup and view all the answers

To stimulate the team and direct the brainstorming process Signup and view all the answers

To avoid hindering the creative process and generation of bold ideas Signup and view all the answers

The greater the number of ideas, the greater the chance of producing an innovative and functional solution Signup and view all the answers

Quality through quantity Signup and view all the answers

Producing and embellishing ideas, postponing evaluation to later Signup and view all the answers

Questions and Answers