Chapter 16 Flashcards

1
Q

What is idea

A

Creativity

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2
Q

What are methods for creativity

A
  • Focus group (free brainstorming in group)
  • Brainstorming
  • Problem inventory analysis
  • Creative problem solving
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3
Q

What are methods for creative problem solving

A
  • Brainstorming (thinking spontaneously, free willing, no criticism)
  • Reverse brainstorming (criticism allowed)
  • Brain writing (Writing ideas on paper)
  • Gordon method (Group discussion but topic is hidden)
  • Checklist method (Prepare checklist of problem and solve with its help)
  • Free association (ideas from sub conscious level)
  • Synetics (understanding the idea)
  • Force Relationship
  • Collective notebook method
  • Critics
  • R&D
  • Value analysis
  • Biggery method
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4
Q

What are 4 methods of synetics

A
  • Personal
  • Direct
  • Symbolic
  • Fantasies
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5
Q

What is free association

A

Group of people given some material like paper to study and allow them to think freely on it. Then the ideas comes into their sub conscious. It is called free association

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6
Q

What is Force Relationship

A

Combination of different things. For example people should be asked 2 things paper and soap. And ask them what comes in mind. Some people say paper soap, soap paper etc etc. And may be we get good idea from that.

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7
Q

What is collective notebook method

A

Group of people given a pencil and note book and requested to write their idea on it 3-4 lines daily. And so on for a long period of time. May be we get some good idea from that.

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8
Q

What is critics

A

Analyze inside of a person

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9
Q

What is value analysis

A

Evaluating value of a thing

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10
Q

What is biggery method

A

Thinking method

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11
Q

What is opportunity recognition

A

Convert idea into real tangible thing

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12
Q

What is idea stage

A

The stage on which we though idea

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13
Q

What is concept stage

A

The concepts of the idea. e.g. What will the looks and color of product

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14
Q

What is evaluation criteria

A
  • Idea stage
  • Concept stage
  • Product stage
  • Test market stage
  • Commercialization stage
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15
Q

What is micro level and mega level financing

A

micro level = for venture capitalist

mega level = finance for marketing, raw material, stock

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16
Q

What are 2 consequences of strong customer friend

A

Either product fail altogether or hit very quickly