Value Creation: Past, Present, and Future
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Questions and Answers

What was value creation in the past primarily related to?

  • Mass production and efficient repeatable tasks (correct)
  • Mass customization for service improvement
  • Innovative ways to utilise new materials
  • Technological advancements and processes
  • Which aspect has been emphasized for value creation today?

  • Mass production and efficient repeatable tasks
  • Technological advancements and processes
  • Mass customization for service improvement
  • Innovative ways to utilise new materials (correct)
  • What will value creation in the future be primarily based on?

  • Innovative ways to utilise new materials
  • Mass production and efficient repeatable tasks
  • Economies of creativity: mass customization for service improvement to market (correct)
  • Technological advancements and processes
  • What did Arnold Berleant define aesthetics as?

    <p>A theory of emotions defined by a cultivated sensibility</p> Signup and view all the answers

    How is creativity measured according to the text?

    <p>Using the Requirements Model</p> Signup and view all the answers

    What is the purpose of the Csikszentmihalyi Systems Model?

    <p>Measuring creativity in different fields of study</p> Signup and view all the answers

    How does the text suggest measuring creative work in a program or field of study?

    <p>Using the Taxonomy of Creative Designs</p> Signup and view all the answers

    How does the taxonomy of creative designs measure the degree of originality?

    <p>By categorizing works as imitations, variations, combinations, transformations, or originals</p> Signup and view all the answers

    What is the purpose of the Guilford Measures introduced by Joy Paul Guilford and Ellis Paul Torrance?

    <p>To measure how creative a person is by looking at their ability for divergent thinking</p> Signup and view all the answers

    What distinguishes a valuable creative idea from a 'crazy' idea, according to the text?

    <p>Being logical in hindsight</p> Signup and view all the answers

    How would you rate the items listed for value creation based on the given context?

    <p>By considering their usefulness and impact on the market</p> Signup and view all the answers

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