Techno Process Flashcards

1
Q

process of organizational creativity and also a process of main streaming innovation to continually find solution to important corporate problems and implementing the solutions to, in turn satisfying the economy or target.

A

Technopreneurship

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2
Q

It also lays emphasis on integrating technology with entrepreneurship.

A

Technopreneurship

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3
Q

entrepreneurs who are into the intimate business of
technology based industries.

A

Technopreneurs

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4
Q

is the process of creating, developing, and communicating abstract,
concrete or visual ideas.

A

Idea generation

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5
Q

It includes goals, strategies, concepts, design, style,
plans and actions to come up with possible solutions for actual problems and
opportunities.

A

Idea generation

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6
Q

process that evaluates and contrast new prospective ideas for your business.

A

Idea screening

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7
Q

used to determine compatibility and whether the idea will earn profit or could return on investment.

A

Idea screening

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8
Q

process of testing new or hypothetical products or services before they are launched.

A

Concept testing

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9
Q

It is probably the possibility of generating the best product that has.

A

Concept testing

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10
Q

process of identifying what the business needs and determining solutions to business problems that will improved the process, management and the
financial status quo to deliver value to the stakeholders.

A

Business Analysis

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11
Q

Every business should be monitored and evaluated according to the performance in the market.

A

Monitoring and Evaluation

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12
Q

is important for the business to diagnosed problems and improve what is needed to stayed in the competition.

A

Monitoring and Evaluation

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13
Q

the organization will identify the performance rating of the business.

A

Evaluation

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14
Q

The process of introducing new products and services to the market. With commercialization, an organization entails production, distribution,
marketing, sales, and customer support to achieve the commercial success of the new product or services.

A

Commercialization

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15
Q

The use of advertisement, social media campaign,
and video production is part of the commercialization so that the vision and
the value of the product or services will be reach out to the society.

A

Commercialization

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16
Q

process of experimenting and assessing your product to check its viability to customers compromising of actual stores and real-life buying
situations

A

Test marketing

17
Q

It is to test the consumer reaction towards the new product or services in the market.

A

Test marketing

18
Q

overall design of the product where it shown its
functionalities, specifications and interface that new product or services in the market.

A

Prototyping