Innovation Cycle Process Quiz

opportunity

organization

property

<p>production</p> Signup and view all the answers

<p>users</p> Signup and view all the answers

<p>Ideas = Identify a market opportunity Develop = Improve the technology Service = Communicate with the customers Sell = Advertise and inform people</p> Signup and view all the answers

<p>Ideas = First stage Design = Model and test it for users Develop = Improving the technology comes after this Sell = Occurs after production starts</p> Signup and view all the answers

<p>Resources = Critical for aligning goals and capabilities Patent = Crucial for safeguarding unique ideas Service = Essential for maintaining customer satisfaction Investigate = Key for exploring potential opportunities</p> Signup and view all the answers

<p>Investigate = Research the possibilities Make = Start production Resources = Organize people, finance and facilities to match the goals of the organization Patent = Protect the intellectual property</p> Signup and view all the answers

<p>Make = Focuses on starting production processes Design = Concentrates on user testing and modeling Develop = Emphasizes technology enhancement Sell = Centers around advertising and informing potential customers</p> Signup and view all the answers