INNOVATION - C208 ASSESSMENT V1
VERIFIED Q&A STUDY GUIDE WITH 100%
CORRECT ANSWERS
≈ what challenge does the implementation stage present for some
entrepreneurs - a primary focus on observation and documentation
≈ An entrepreneur would like to secure access to both a large sum of
chase and industry experience.
Which funding option would best align with this entrepreneurs
overall good - Equity investors
≈ An entrepreneur comes up with a great idea for her business.
Which concept does this entrepreneur need to understand when
developing a new enterprise - a great idea cannot succeed without
effective communication
≈ Which features are highly important to the sustainability of new
ventures according to Barney and Clark - competencies and
capabilities
≈ What is social entrepreneurship - The application of
entrepreneurial tools to solve societal problems
, ≈ What two statements describe social entrepreneurs - they look for
innovative ways to solve existing problems
they employ entrepreneurial tools to address community issues
≈ Which description explains the relationship between creativity and
vision - Innovation is the conversion of creative new ideas into new
products, processes and services
≈ What is required during the incubation stage of Amabile's stages of
innovation - Making time for creative thought without regards to
immediate results
≈ Which techniques are methods for overcoming barriers to
innovation - Divergent thinking and listening
≈ During which part of innovation is it most important to expose the
organization to external thinking - Imagination
≈ What is a simple an inexpressive way team leaders can foster
creativity - holding team brainstorming sessions in a new location