Week 3 Classroom Activity

Below are types of innovation EXCEPT

• innovation

• invention

• duplication

• synthesis

The first step for any entrepreneur is

• the identification of a good idea.

• the identification of a bad idea.

• the identification of a problem.

• the identification of a solutions.

Creative replication of an existing concept is referring to

• Synthesis

• Duplication

• Extension

• Invention

Below are myth of innovation EXCEPT

• technology is the driving force of innovation and success.

• creativity relies on dreams and blue-sky ideas

• innovation is planned and predictable

• Make the product, process, or service customer-based

____________ is the result of a disciplined, systematic process of applying creativity and innovation to needs and opportunities in the marketplace.

• Entrepreneurship

• Innovation

• Creativity

• Business

Which of the following is the most important factor in forcing companies to focus on innovation?

• Organisational culture

• Intense competition

• Entrepreneurship

• Government laws

Creativity arises through the confluence of the following three components:

• Creativity, innovation and entrepreneurship

• Societal, technology and economic trends

• Knowledge, creative thinking and motivation

• Problem solving, social networks and marketing

The iPhone is an example of:

• creativity

• invention

• innovation

• entreprneurship

Which is the best example of "demonstrating creativity and innovation"?

• Evaluating potential solutions and resources

• Displaying a disciplined work ethic

• Prioritizing your job tasks on a daily basis

• Developing and/or improving products, services, or processes

In order to be creative, you need to use both soft thinking and hard thinking.

• True

• False