10 Questions
What is the primary goal of commercial application in innovation?
To provide values to customers, reward employees and satisfy the stakeholders
Which of the following is NOT an area of innovation?
Resource organization
What is the definition of innovation?
The ability to apply creative solution to problems and opportunities
What is the relationship between entrepreneurship and creativity?
Entrepreneurship = creativity + innovation
Which stage of planning involves identifying the product or service features and design?
Analytical planning
What is the primary goal of analytical planning?
To identify the product or service features and design
Which of the following is an area of innovation according to the text?
New production techniques
What is the definition of creativity?
The ability to develop new ideas and discover new ways of looking at problems and opportunities
What is the sequence of stages in planning?
Analytical planning, resources organization, implementation, commercial application
What is the primary goal of implementation in innovation?
To apply the resources in order to accomplish the plans
Test your understanding of the creative process, from incubation to verification and application. Explore the stages that lead to innovative solutions, including insight and overcoming barriers to creativity.
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