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Use shrk tank approach job5/16/2023 ![]() Addressing the judgment of whether you solve a problem or not is most closely associated with product risk. Addressing the judgment of whether people are willing to pay for your solution is most closely associated with customer (?) risks Judging whether your new venture idea can deliver its value proposition at a profit is often described as an assessment of business model fit. Which of the following risk related judgments is Spencer facing in this example? customer risk. He was disappointed, however, when he was unable to find people willing to pay $40 for is a new cup. Based on prior research on brainstorming effectiveness, who is likely to generate the most ideas in this example? Carter, because he is avoiding group process losses Spencer was excited when he was able to manufacture a graphene coffee cup that could keep coffee hot 20% longer than ceramic cups. Carter left the room for 15 minutes to brainstorm alone while Sara brainstormed with about ten other coworkers. They began the meeting by brainstorming ways they could improve their current customers' experiences. Sara and Carter met with coworkers to develop new service initiative ideas. What are the three processes that contribute to novel associations? Serendipity, similarity, and shared links The reading "What's better than brainstorming" suggested overcoming common group process losses associated with brainstorming meetings by having meeting participants brainstorm ideas individually before the meeting What is the most important rule of brainstorming? Defer judgment Which of the following is not one of the "official rules" of brainstorming? Judge ideas as you go Group "process losses" decrease brainstorming group effectiveness because leader dominance and self-censorship limits individual expression. Associative processes involving making connections among existing ideas. Results of associative processes can vary from stereotypical to novel. Which of the following is not one of the questions you should ask to determine if the value you offer to customers and stakeholders is essential? Can your new venture earn a profit? Addressing the judgment of whether people are willing to pay for your solution is most closely associated with customer risk. If you intend to help customers by making a service faster and more efficient than alternative offerings, you would create value by offering a relative advantage with respect to performance. Which of the following is not one of the creative thinking processes that you can apply to create value for others? Heuristic thinking The primary value proposition offered by Impossible Burger (made without meat) is newness. A process of developing multiple ideas that depart from a single stimulus question is called divergent thinking What does Tim Brown from IDEO, the world's leading design firm, mean when he says that design is human-centered? The process starts by considering humans needs Which of the following is not one of the three essential aspects fundamental to design thinking? Intelligence Which of the following is most characteristic of "creaction" (from the Just Start book description) and design thinking processes associated with creaction/creation? Describing ideas using pictures and prototypes When IDEO designers were tasked with building a better cubicle, what was the first thing they did? they gained empathy by observing and experiencing cubicle environments Modularity and modular architectures serve as a platform for creating relative advantage with respect to customization. Ford shared as an illustrative example of divergent thinking was based on finding alternative uses for chickpeas. Which of the following is not an example of a divergent thinking process? Critical thinking Which of the following questions is most likely to promote divergent thinking processes? What are the possible uses for a blanket? Which of the following is not one of the popular innovation or entrepreneurship methods based on evolutionary cycles wherein novel ideas are introduced to stakeholders in hopes of changing a particular domain of practice? Business plan development Divergent thinking is provoked by considering ideas that address a single stimulus question. ![]()
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