Innovation and Economic Factors Quiz

<p>Faculty members like Sena Agbodzah Agyepong (B)</p> Signup and view all the answers

<p>2021 (A)</p> Signup and view all the answers

<p>Social and Cultural Factors (A)</p> Signup and view all the answers

<p>Political Factors (C)</p> Signup and view all the answers

<p>Taxation (B)</p> Signup and view all the answers

<p>Legal Factors (C)</p> Signup and view all the answers

<p>Cultural taboos (A)</p> Signup and view all the answers

<p>Communications infrastructure (D)</p> Signup and view all the answers

<p>Environmental Factors (D)</p> Signup and view all the answers

<p>Inflation rates (D)</p> Signup and view all the answers

<p>A fluid and versatile approach is essential in today's dynamic world. (D)</p> Signup and view all the answers

<p>Roy Rothwell (A)</p> Signup and view all the answers

<p>Macroeconomic factors (C)</p> Signup and view all the answers

<p>Internet (A)</p> Signup and view all the answers

<p>Manufacturers should limit choices to reduce costs. (B)</p> Signup and view all the answers

<p>They should incorporate sanitized and sensitized information. (A)</p> Signup and view all the answers

<p>It encouraged inventors to seek cost-cutting solutions. (B)</p> Signup and view all the answers

<p>Innovation is independent of economic conditions. (B)</p> Signup and view all the answers

<p>It results in innovations with uncertain applications. (B)</p> Signup and view all the answers

<p>Television (B)</p> Signup and view all the answers

<p>Blockchain and 5G (D)</p> Signup and view all the answers

<p>They had improved features designed for efficiency. (B)</p> Signup and view all the answers

<p>Wartime needs and advancements. (C)</p> Signup and view all the answers

<p>2004 (B)</p> Signup and view all the answers

<p>Offering substantial potential in cryptography. (C)</p> Signup and view all the answers

<p>Market needs are identified. (D)</p> Signup and view all the answers

<p>Interdependence of diverse factors and stakeholders (C)</p> Signup and view all the answers

<p>Horst Rittel (B)</p> Signup and view all the answers

<p>Use design thinking to understand stakeholders (C)</p> Signup and view all the answers

<p>They have a clear stopping rule (A), They are static and do not change (B), They are solvable with a definitive formula (C), They can be understood through simple cause and effect (D)</p> Signup and view all the answers

<p>There is no exhaustive set of solutions for wicked problems (B)</p> Signup and view all the answers

<p>Spend time defining the problem (A)</p> Signup and view all the answers

<p>Their diverse interests complicate the understanding of the problem (D)</p> Signup and view all the answers

<p>Factors influencing wicked problems often fluctuate (A)</p> Signup and view all the answers

<p>Tech push approach (C)</p> Signup and view all the answers

<p>Snuggie (A)</p> Signup and view all the answers

<p>$500m (D)</p> Signup and view all the answers

<p>It uncovers emotional connections related to new experiences. (D)</p> Signup and view all the answers

<p>Tangible solutions and unfamiliar experiences (D)</p> Signup and view all the answers

<p>People do not know what they need until it is shown to them. (A)</p> Signup and view all the answers

<p>It focuses on incremental improvements based on existing needs. (D)</p> Signup and view all the answers

<p>If I had asked people what they wanted, they would have said faster horses. (A)</p> Signup and view all the answers

An early version of a written work, not yet finalized.

A problem-solving approach focused on understanding user needs and iterating solutions.

The art of visual communication using design elements and technologies.

A section recognizing contributions and support received during the creation of a work.

International Standard Book Number, a unique identifier for books.

A complex problem characterized by interdependent factors that resist simple solutions.

A situation where different factors affect one another, making problems more intricate.

New ideas or methods aimed at solving problems and improving systems.

Individuals or groups affected by or involved in a problem or solution.

Properties that describe wicked problems, including no definitive solutions or stopping rules.

Adjusting strategies based on problem understanding without abandoning the core issue.

Spending significant time on defining problems leads to more effective solutions.

A framework for analyzing external factors affecting a problem: Political, Economic, Social, Technological, Legal, Environmental.

Elements related to government actions, stability, and regulations that impact a problem or environment.

Forces related to the economy such as trends, growth rates, and inflation that affect a problem.

Attitudes, behaviors, and beliefs within a society that impact situations or problems.

Elements involving technology, innovation, and communication that influence a problem's context.

Current laws and regulations that impact an organization or problem, including labor and consumer protection laws.

Elements related to ecological and environmental conditions that affect a problem's framework.

Elements outside an organization that can influence its decisions and operations, including PESTLE categories.

Innovations developed during war that have everyday applications.

Innovation driven by advances in technology regardless of market needs.

A food preservation method developed during wartime, now widely used.

Kitchen appliances that utilize electromagnetic radiation, originated from wartime radar technology.

A decentralized digital ledger technology enabling secure transactions.

The fifth generation of mobile network technology, promising faster speeds and connectivity.

A method of capturing images electronically, improved during conflicts for reconnaissance.

Trucks redesigned for efficiency, showcasing technology push in automotive design.

A framework that identifies five stages of innovation evolution based on macroeconomic factors.

An innovation methodology that adapts and evolves over time to stay relevant.

The process of cleaning and refining important information for implementation.

Significant advancements in technology that lead to new innovations or solutions.

Large-scale economic elements that influence innovation strategies and developments.

An approach that focuses on the needs, wants, and limitations of end-users in the design process.

The process of taking refined ideas and turning them into actionable plans for innovation.

A narrative that traces the evolution and changes in innovation approaches over time.

An approach to innovation emphasizing technology advancements over specific market demands.

Innovation driven by market demands and customer needs, focusing on incremental improvements.

Creating products that resonate on an emotional level leads to innovative solutions.

Small, continuous improvements made to existing products or services.

A robe worn backwards marketed as a blanket, illustrating innovative repurposing.

The process of redefining familiar concepts to produce fresh ideas.

Highlights that users often don't know what they want until it's presented to them.