How is creative problem solving a logical process? A ) It can be applied to internal and external processes as well as external product development B) it involves more than just making decisions and acting upon those decisions. C) After collecting all the relevant information, the entrepreneur lists as many causes of the problem as possible. D) The steps are repeated cyclically until the entrepreneur develops an innovative solution,
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How is creative problem solving a logical process?
A ) It can be applied to internal and external processes as well as external product development
B) it involves more than just making decisions and acting upon those decisions.
C) After collecting all the relevant information, the entrepreneur lists as many causes of the problem as possible.
D) The steps are repeated cyclically until the entrepreneur develops an innovative solution,
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- What is Problem Orientation method of generating business ideas? You need to come up with 3 examples of this approach from Lahore of startups of recent 5 yearsHow can simulations help predict the impact of a computational innovation? A) A simulation allows programmers to test their programming skills. B) A simulation can run multiple trials with static data to validate a prediction. C) A simulation allows multiple people to contribute their own code to improve it. D) A simulation can run multiple scenarios with differing inputs so that many possibilities can be explored.In 1-2 paragraphs, When it comes to innovative problem solving, in which role (explore, artist, judge, or warrior) do you excel, and which role must you work to develop?
- DruckerSystematic innovation involves “monitoring seven sources for innovative opportunity” (Drucker, 1985, p. 35). The first fourare internally focused within the business or industry, in that they may be visible to those involved in that organization orsector. The last three involve changes outside the business or industry.Internally FocusedThe unexpected (unexpected success, failure, or outside events)The incongruity between reality as it actually is and reality as it is assumed to be or as it ought to beInnovation based on process needChanges in industry structure or market structure that catch everyone unawaresExternally FocusedDemographics (population changes)Changes in perception, mood, and meaningNew knowledge, both scientific and nonscientific Discuss the concept which deals with opportunity thinking anddesign thinking, analyse their concepts by providing specific examples and cite readings (e.g. articles,narrative, research) from reputable sources.The second phase, idea generation, serves the identification of potential business model innovations and the systematic generation of ideas. Select one: a. True b. False1. What is Integrative Thinking 2. Describe a situation in which you could have used this approach to tackle and issue or solve a problem
- The more evidence that can support an accurate, the better the decision-making that can be made to ensure growth and company objectives. Could "analysis paralysis" take over and thereby prevent the use of multiple tools?Fill in the blanks. Given below are several phrases that describe various concepts related to Business Opportunity Identification. Read each statement very carefully, and complete the phrase to make it a complete statement by filling in the blanks with the correct answer. Write your answers on the appropriate spaces corresponding to its description. 1._____________________________ are external negatives that may hinder or prevent the organization from reaching its objectives. 2._____________________________are the “external positives” of the enterprise that help it achieve its target goals. 3._____________________________ are the exact counterparts of strengths which is considered as “internal negatives.” 4._____________________________ are the “internal positives” of the organization, the assets or valuable resources of the organization or the enterprise. 5._____________________________ are the factors that concentrates on government interferences in certain industry.…The innovative idead is good but too generalized and short. Can this be expanded and be comprehensive?
- Visit creatingminds.org/tools/tools_ideation.htm to learn about idea-generation techniques. Form a small group and have each group member explain a different technique to the rest of the group. Apply one or more of the techniques to generate four new product ideas. Present your ideas to the rest of the class with an explanation of the techniques your group applied to generate them“Idea generation is the creative process of generating new methods to solve problems and improve the product’s conditions or the company itself. It is undoubtedly based on factors like idea development, group discussions, choosing the best alternative, and finally, implementing the idea in real-world scenarios. The idea doesn’t need to be practical, and it can also be a mere thought.” (Hitesh Bhasin, 2021). Analyse the above statement and explain why innovation and enterprise are both fundamental in business, and in start-up and established organisations as they operate in competitive business markets. Using your knowledge and theories researched on innovative practice and idea generation and relate it to the above statement. Discuss why innovation and enterprise are so fundamental and important in business. Explore through real business examples your ideas of the common factors that lead to innovation success or failure. (LO1).Step 1): Make a Business Model Canvas out of your mind about anything . Step 2):Please do not write definitions of a Business Model Canvas. Step 3):Virtual tourism, online diagnosis and treatment, distance education, digital products, choose any ideas of these