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TECHNO > Lesson Acaba > Flashcards

Lesson Acaba Flashcards

1
Q

something that involves developing, creating new concepts and new ideas that will be useful for the target customer.

A

Innovation

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2
Q

innovation is a process where different people and activities come together to create, use, and share new ideas or solutions in both existing and new situations.

A

Joerg Gemuenden

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3
Q

It is also known as routine innovation

A

SUSTAINING INNOVATION

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4
Q

involves gradual improvements to products or services based on customer feedback and market demands

A

Sustaining Innovation

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5
Q

refers to the process of transforming a classy or expensive product or service into one that is simpler, more affordable, and accessible to a broader population

A

Disruptive innovation

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6
Q

It is an innovation from inside a company that pushes something to the next level

A

BREAKTHROUGH INNOVATION

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7
Q

It helps the company enter new markets and transforms how customers engage with the industry.

A

BREAKTHROUGH INNOVATION

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8
Q

research without any clear goals, or science to satisfy the curiosity of a lone scientist without anyone else even realizing that it exists.

A

BASIC RESEARCH

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9
Q

Inspiration requires a vision, and an ability to communicate it to others.

A

Inspire

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10
Q

Most technopreneurs are risk taker because they are innovating new products or services which they have no assurance if it will survive in the market.

A

No risk, no innovation

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11
Q

Innovation starts with a clear vision and undergo with a structured process which includes idea generation, evaluation, prototyping, gathering customer feedback and success metrics

A

New product process

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12
Q

The business leader has all the ownership on the new products and innovation, from generating ideas to developing the right business model.

A

Ownership

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13
Q

Once there’s an innovation, those new products should have a value and will be served as solution to real customer problems.

A

Value creation

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14
Q

Proper hiring and staffing are essential to ensure employees are aware of their responsibilities and have the right mindset for future innovations.

A

Training and Coaching.

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15
Q

The organization should involve customer and sales teams to brainstorm ideas for the company’s success.

A

Idea Management

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16
Q

Tracking results is essential to ensure an ideal ROI, helping the company measure profitability and sustain its needs with new product releases.

A

Observe and Measure

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17
Q

When a company achieves its ROI, offering incentives and recognizing the efforts is a great way of motivating employees.

A

Net Result and Reward

18
Q

it combines visuals and audio, making it easier for clients to picture and understand your products or services

A

Video Presentation

19
Q

focus on telling a compelling story about your product or service, not just facts, to engage and hold your audience’s attention

A

Storytelling Presentation

20
Q

adding a catchy tune to your presentation can make it stand out and be more memorable to clients.

A

Musical Presentation

21
Q

it helps prevent your audience from reading slides word-for-word.

A

Photo-Only Presentation

22
Q

it involves the audience and activities, encouraging participation and introducing new business ideas.

A

Immersive Presentation

23
Q

helps gauge audience interest, involvement, and understanding of your products or services.

A

Question Presentation

24
Q

ideal for promoting a product, as it allows clients to see, touch, and try the product themselves.

A

Demonstrative Presentation

25
Q

it can make the session livelier and engage the audience, but speakers should use jokes cautiously to avoid misunderstandings.

A

Humorous Presentation

26
Q

uses 3D visuals to demonstrate a product, allowing the audience to see the entire interface instead of using video.

A

Animated Presentation

27
Q

uses physical items to create a creative and engaging presentation

A

Props Presentation

28
Q

ideas without potential are quickly filtered out using and “ABC analysis,”

A

Rough selection

29
Q

ideas that are absolutely necessary for further processing.

A

A

30
Q

ideas that you where disagree about good or abs and are uncertain

A

B

31
Q

ideas that have no value and are to be rejected

A

C

32
Q

sifted ideas are further selected by using the “dots gluing” and “rating” method

A

Fine selection

33
Q

more information about the idea is gathered and analyzed in detail. Tools like the Osterwalder canvas can help refine business models. Based on this analysis, a decision is made on whether to continue with the idea.

A

Detailed analysis

34
Q

is a process used to gather information about potential customers’ interest in a new product or service.

A

Market research

35
Q

It helps companies identify their target market and get feedback on their product or service ideas

A

Market research

36
Q

It helps companies identify their target market and get feedback on their product or service ideas

A

Market Validation

37
Q

Validating your business idea can enable you to reasonably predict whether people will buy your product or service, and whether your business will be profitable.

A

Market Validation

38
Q

As an innovative leader, recognizing consumer needs is key to creating new products or services and generating effective ideas for innovation.

A

Problem or Need recognition

39
Q

An innovative leader should be resourceful, generating creative solutions and finding products or services that meet consumer needs.

A

Information Search

40
Q

An innovative leader should offer various product options to meet consumer needs.

A

Evaluation of Alternatives

41
Q

An innovative leader picks the best ideas based on research, evaluation, and possibly influenced by past experience or advertising.

A

Selection Stage

42
Q

Marketers seek repeat customers, as one bad experience can harm branding. Decision evaluation ensures the chosen idea is the best option.

A

Evaluation or Decision

TECHNO (3 decks)

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