Verified | 2024 Version
someone who is emotional and analytical would be found in - ✔✔red-blue
generally speaking, public policy is concerned with ____ while entrepreneurship is concerned with _____
- ✔✔wealth transfer, wealth creation
what is closed innovation - ✔✔a method in which companies must generate their own ideas that they
will then develop, manufacture, etc.
although Lucent and Cisco were competing directly in the same industry, what did they do differently? -
✔✔Lucent develop new tech and Cisco acquired new tech
risk reward theory suggests - ✔✔those who take the biggest risk would stand to gain the biggest reward
which of the following are not typical characteristics belonging to an Entrepreneur? - ✔✔external locus
of control and risk aversion
the idea of guaranteed annual income, is at its core, an example of - ✔✔wealth transfer
being naive and optimistic is considering a liability for entrepreneurs - ✔✔false
entrepreneurs often need to be communicative and compelling in order to deliver their vision, this is
why successful innovators are most commonly extraverted - ✔✔false
mantra - ✔✔a succinct phrase that describes the function of your venture
wealth transfer is - ✔✔aggregating wealth that has already been created and distributing it in the
economy
,which of the following is a key determinant of success - ✔✔opportunity, inclination, ability
what HBDI characteristics are essential for optimal success as an entrepreneur - ✔✔all can be highly
impactful
what are the four categories of HBDI - ✔✔analytical, experimental, practical, relational
wealth transfer is highly impactful and enables wealth creation - ✔✔false
of the following statements, what is considered to be a mantra - ✔✔Nike's "authentic, athletic,
performance"
Guy Kawaski talks about how no one really knows if they are an entrepreneur until they become one. in
his opinion, what is the 1 question you should be asking yourself? - ✔✔do I want to make meaning?
those who take the biggest risk should stand to gain the biggest reward - ✔✔this statement is true
someone who is controlled and quantitative would be found as what in terms of HBDI - ✔✔green-blue
someone who is visual and detailed would be found as what in terms of HBDI? - ✔✔yellow-green
someone who is emotional and analytical would be found as what in terms of HBDI? - ✔✔red-blue
someone who is analytical and sequential would be found as what in terms of HBDI? - ✔✔blue-green
risk reward theory suggests that: - ✔✔those who take the biggest risk stand to gain the biggest reward
technological change has been a constant throughout history, as has the rate of change - ✔✔false
, what are the different modes of innovation - ✔✔funding innovation, generating innovation, and
commercializing innovation
upper left part of the brain - ✔✔Analytical, rational - blue
upper right part of the brain - ✔✔creative experimental - yellow
lower left part of the brain - ✔✔practical - green
lower right part of the brain - ✔✔relational, personable - red
Design and system thinking has nothing to do with the solution design and prototyping but everything to
do with a human-centered approach. Is this statement True or False? - ✔✔true
Why is it important to gain an understanding of design? - ✔✔It provides you with the opportunity to ask
more questions than you have the answers for
In the TOMS example, unexpected consequences that arose from their "one for one" model were: -
✔✔Decimating local shoe making economy and Excess of shoes ending up in landfills
Which of the following is NOT and example of a psychographic characteristic of users? - ✔✔education
Benefits of systems thinking DO NOT include... - ✔✔Gaining insights on what customers would pay for
complementary products
Select the one statement that is part of the design and system thinking approach - ✔✔Watching humans
go about their daily lives and how they interact with the complex system around them