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ownership > Chapter 6 > Flashcards

Chapter 6 Flashcards

1
Q

What is an adaptive model?

A

A method of entrepreneurial problem solving that seeks solutions in ways that are tested and known to be effective.

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2
Q

What is the assessment phase in lean problem-solving?

A

It is the phase in which the entrepreneur experiments and analyzes the potential process and its capabilities.

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3
Q

What is brainstorming?

A

The generation of ideas in an environment free of judgment or dissension with the goal of creating solutions.

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4
Q

What does clarify mean in the creative process?

A

It is the first step, involving recognizing the existence of a gap between the current state and a desired state.

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5
Q

What are communication skills in entrepreneurship?

A

Skills used to pool resources for investigating solutions leading to innovative problem solving and competitive advantage.

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6
Q

What is creativity?

A

The development of original ideas.

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7
Q

What is critical thinking?

A

Complex analysis of a problem or issue with the goal of solving the problem or making a decision.

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8
Q

What is crowdsourcing?

A

Teams of amateurs and non-experts working together to form a solution to a problem.

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9
Q

What is data analysis?

A

The process of analyzing data and modeling it into a structure that leads to innovative conclusions.

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10
Q

What is decisiveness?

A

The ability to make a quick, effective decision, not letting too much time go by in the process.

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11
Q

What is design thinking?

A

A method to focus design and development decisions on the needs of the customer, typically involving an empathy-driven process.

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12
Q

What does develop mean in the entrepreneurial process?

A

The stage in which the entrepreneur tests each solution for feasibility.

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13
Q

What is entrepreneurial problem solving?

A

The process of using innovation and creative solutions to close the opportunity gap by resolving complex problems.

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14
Q

What does evaluate mean in the problem-solving process?

A

The stage in which the final solution is assessed.

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15
Q

What is evaluation in lean problem-solving?

A

The phase in which behaviors are analyzed to assess success.

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16
Q

What is the external environment in entrepreneurship?

A

It encompasses customers, industry trends, and competition outside the enterprise.

17
Q

What is a hackathon?

A

An event that brings together programmers and specialists to collaborate on a project over a short period.

18
Q

What is human-centered design?

A

A design approach that focuses on people during design and development.

19
Q

What does ideate mean?

A

The stage of the creative problem-solving process leading to the detailing and formation of idea generation.

20
Q

What does implement mean in the entrepreneurial process?

A

To enact the plan and test for success.

21
Q

What is an innovative model?

A

A method of entrepreneurial problem solving that uses techniques unknown to the market for competitive advantage.

22
Q

What is the internal environment in entrepreneurship?

A

It comprises factors inside the enterprise, such as employees and internal practices.

23
Q

What is a lean process?

A

A systematic process for maximizing continuous improvement and minimizing surplus in production.

24
Q

What is need awareness?

A

Occurs when the entrepreneur notes a gap between societal or customer needs and actual circumstances.

25
Q

What is observation in lean problem-solving?

A

The phase in which the entrepreneur studies the challenge and notes all facets requiring solution.

26
Q

What are petitioner problem solvers?

A

Problem solvers who see a problem and ask others for solution ideas.

27
Q

What is resourcefulness?

A

The ability to discover clever solutions to obstacles.

28
Q

What are self-regulating problem solvers?

A

Problem solvers who work autonomously and visualize solutions without external influence.

29
Q

What is storyboarding?

A

The process of presenting an idea in a step-by-step graphic format.

30
Q

What is team creativity?

A

The process of a team creating an unexpected solution for an issue or challenge.

31
Q

What are theorist problem solvers?

A

Problem solvers who consider a path toward solving a problem using a theory.

32
Q

What is whiteboarding?

A

A type of graphing that permits the entrepreneur to plot each step in a process for better comprehension.

ownership (9 decks)

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