Podcast
Questions and Answers
What is the purpose of conducting market validation according to the text?
What is the purpose of conducting market validation according to the text?
- To determine customer needs
- To make significant investments in the product
- To conduct surveys and interviews
- To justify the needs of the customers (correct)
Why is decision making considered an enormous task according to the text?
Why is decision making considered an enormous task according to the text?
- Because it determines customer needs
- Because it involves thorough research
- Because it relies on market validation
- Because the success of the business depends on it (correct)
Why should an innovative leader undergo thorough research about customer needs?
Why should an innovative leader undergo thorough research about customer needs?
- To determine market validation
- To meet the demands of customers (correct)
- To know all latent needs of customers
- To invest significantly in the product
What does market research and validation demand according to the text?
What does market research and validation demand according to the text?
What is the purpose of an 'ABC analysis'?
What is the purpose of an 'ABC analysis'?
How are A-ideas treated in the decision-making process described?
How are A-ideas treated in the decision-making process described?
What method is recommended for fine selection of ideas in the text?
What method is recommended for fine selection of ideas in the text?
In the detailed analysis stage, what criteria are used to evaluate product ideas?
In the detailed analysis stage, what criteria are used to evaluate product ideas?
How are participant preferences ranked in the 'dots gluing' method?
How are participant preferences ranked in the 'dots gluing' method?
What additional information is collected during detailed analysis of ideas?
What additional information is collected during detailed analysis of ideas?
What is the purpose of tracking the results in terms of Return on Investment (ROI)?
What is the purpose of tracking the results in terms of Return on Investment (ROI)?
Which factor is mentioned as a way to motivate employees aside from financial incentives?
Which factor is mentioned as a way to motivate employees aside from financial incentives?
What should presenters focus on to overcome the challenge of presentations?
What should presenters focus on to overcome the challenge of presentations?
What is essential for a company to do before releasing new products to meet its needs?
What is essential for a company to do before releasing new products to meet its needs?
How does the text suggest companies can inspire their audience during presentations?
How does the text suggest companies can inspire their audience during presentations?
Which aspect does the text emphasize as crucial for companies to measure after releasing new products?
Which aspect does the text emphasize as crucial for companies to measure after releasing new products?