Question 1

Most successful innovations are

Accepted Answer

A)  simple and focused. 
B)  complex and focused. 
C)  focused and extensive. 
D)  complex and extensive. 
A)  simple and focused. 
B)  complex and focused. 
C)  focused and extensive. 
D)  complex and extensive.

Question 2

Which of the following statements is True?

Accepted Answer

A)  People are born with creativity and can do nothing to change their level of creativity. 
B)  People can learn to be creative. 
C)  Creativity has nothing to do with learning. 
D)  The creative mind cannot be developed. 
A)  People are born with creativity and can do nothing to change their level of creativity. 
B)  People can learn to be creative. 
C)  Creativity has nothing to do with learning. 
D)  The creative mind cannot be developed.

Question 3

Identity and describe two arenas of creativity, as proposed by researcher William Miller.

Accepted Answer

Student answers will vary, depending on

Question 4

The four basic types of innovation are invention, extension, duplication, and synthesis.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is not an example of recognizing relationships in creativity?

Accepted Answer

A)  adding fruit juice to soft drinks to make Slice 
B)  Introducing Sierra Mist to the market to compete with Sprite 
C)  combining combustion engine technology with the wheel to create the automobile 
D)  using a 330 pound defensive football player as a running back and wide receiver 
A)  adding fruit juice to soft drinks to make Slice 
B)  Introducing Sierra Mist to the market to compete with Sprite 
C)  combining combustion engine technology with the wheel to create the automobile 
D)  using a 330 pound defensive football player as a running back and wide receiver

Question 6

The idea experience phase of creativity is also referred to as

Accepted Answer

A)  the eureka factor 
B)  the big bang theory 
C)  the wow theory 
D)  the light bulb going on 
A)  the eureka factor 
B)  the big bang theory 
C)  the wow theory 
D)  the light bulb going on

Question 7

Entrepreneurs are always looking for unique opportunities to fill needs or wants.

Accepted Answer

A) True 
 B)False

Question 8

Creativity cannot be developed or improved.

Accepted Answer

A) True 
 B)False

Question 9

A person can develop their own creativity by

Accepted Answer

A)  quitting a boring job. 
B)  focusing on making money. 
C)  taking up a new hobby. 
D)  seeing new and different relationships in people, objects, and places around them. 
A)  quitting a boring job. 
B)  focusing on making money. 
C)  taking up a new hobby. 
D)  seeing new and different relationships in people, objects, and places around them.

Question 10

Successful creations do not require investigation and information gathering.

Accepted Answer

A) True 
 B)False

Question 11

Researchers uniformly agree that the easiest step in the creative endeavor is the implementation and evaluation phase.

Accepted Answer

A) True 
 B)False

Question 12

One of the most helpful avenues for developing one's own creative talents is to be aware of the habits and mental blocks that stifle creativity.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following are keys to understanding opportunity and its development for entrepreneurs?

Accepted Answer

A)  creativity and capital 
B)  innovation and creativity 
C)  background and knowledge 
D)  incubation and experience 
A)  creativity and capital 
B)  innovation and creativity 
C)  background and knowledge 
D)  incubation and experience

Question 14

Incongruities are gaps or differences between expectations and reality.

Accepted Answer

A) True 
 B)False

Question 15

Background or knowledge accumulation is the second phase of the creative process.

Accepted Answer

A) True 
 B)False

Question 16

Successful entrepreneurs are able to identify and implement

Accepted Answer

A)  those ideas that are workable and that they have the skills to implement. 
B)  those ideas that will make money. 
C)  those ideas that are least feasible. 
D)  those ideas that will win instant approval from customers. 
A)  those ideas that are workable and that they have the skills to implement. 
B)  those ideas that will make money. 
C)  those ideas that are least feasible. 
D)  those ideas that will win instant approval from customers.

Question 17

Which of the following statements is True?

Accepted Answer

A)  The right brain helps people analyze and verbalize. 
B)  The right brain helps people understand analogies and imagine things. 
C)  The left brain helps people understand analogies and imagine things. 
D)  Right and left brain concepts are meaningless. 
A)  The right brain helps people analyze and verbalize. 
B)  The right brain helps people understand analogies and imagine things. 
C)  The left brain helps people understand analogies and imagine things. 
D)  Right and left brain concepts are meaningless.

Question 18

In terms of opportunity trends, what is cocooning?

Accepted Answer

A)  the desire to have process needs met 
B)  the desire to avoid natural disasters 
C)  the desire to shelter oneself from harsh realities 
D)  the desire to replace actual experiences with virtual experiences 
A)  the desire to have process needs met 
B)  the desire to avoid natural disasters 
C)  the desire to shelter oneself from harsh realities 
D)  the desire to replace actual experiences with virtual experiences

Question 19

Creative talents can be improved through practice and awareness of habits that can cause problems. However, there are ways to increase creativity; one area is to recognize relationships. Explain what is meant by this.

Accepted Answer

Many inventions and innovation

Question 20

Which of the following are causes of industry and market changes?

Accepted Answer

A)  process needs 
B)  advancements in technology 
C)  unexpected occurrences 
D)  natural disasters 
A)  process needs 
B)  advancements in technology 
C)  unexpected occurrences 
D)  natural disasters

Most successful innovations are

Which of the following statements is True?

Identity and describe two arenas of creativity, as proposed by researcher William Miller.

The four basic types of innovation are invention, extension, duplication, and synthesis.

Which of the following is not an example of recognizing relationships in creativity?

The idea experience phase of creativity is also referred to as

Entrepreneurs are always looking for unique opportunities to fill needs or wants.

Creativity cannot be developed or improved.

A person can develop their own creativity by

Successful creations do not require investigation and information gathering.

Researchers uniformly agree that the easiest step in the creative endeavor is the implementation and evaluation phase.

One of the most helpful avenues for developing one's own creative talents is to be aware of the habits and mental blocks that stifle creativity.

Which of the following are keys to understanding opportunity and its development for entrepreneurs?

Incongruities are gaps or differences between expectations and reality.

Background or knowledge accumulation is the second phase of the creative process.

Successful entrepreneurs are able to identify and implement

Which of the following statements is True?

In terms of opportunity trends, what is cocooning?

Creative talents can be improved through practice and awareness of habits that can cause problems. However, there are ways to increase creativity; one area is to recognize relationships. Explain what is meant by this.

Which of the following are causes of industry and market changes?

Entrepreneurship: Evolutionary Development-Revolutionary Impact

The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics

The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship

Social Entrepreneurship and the Global Environment for Entrepreneurship

Assessment of Entrepreneurial Opportunities

Pathways to Entrepreneurial Ventures

Sources of Capital for Entrepreneurs

Legal Challenges of Entrepreneurial Ventures

Marketing Challenges for Entrepreneurial Ventures

Financial Preparation for Entrepreneurial Ventures

Developing an Effective Business Plan

Strategic Entrepreneurial Growth

Valuation of Entrepreneurial Ventures

Harvesting the Entrepreneurial Venture

Filters

Exam 5: Innovation: The Creative Pursuit of Ideas

Most successful innovations are

Which of the following statements is True?

Identity and describe two arenas of creativity, as proposed by researcher William Miller.

The four basic types of innovation are invention, extension, duplication, and synthesis.

Which of the following is not an example of recognizing relationships in creativity?

The idea experience phase of creativity is also referred to as

Entrepreneurs are always looking for unique opportunities to fill needs or wants.

Creativity cannot be developed or improved.

A person can develop their own creativity by

Successful creations do not require investigation and information gathering.

Researchers uniformly agree that the easiest step in the creative endeavor is the implementation and evaluation phase.

One of the most helpful avenues for developing one's own creative talents is to be aware of the habits and mental blocks that stifle creativity.

Which of the following are keys to understanding opportunity and its development for entrepreneurs?

Incongruities are gaps or differences between expectations and reality.

Background or knowledge accumulation is the second phase of the creative process.

Successful entrepreneurs are able to identify and implement

Which of the following statements is True?

In terms of opportunity trends, what is cocooning?

Creative talents can be improved through practice and awareness of habits that can cause problems. However, there are ways to increase creativity; one area is to recognize relationships. Explain what is meant by this.

Which of the following are causes of industry and market changes?

Entrepreneurship: Evolutionary Development-Revolutionary Impact

The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics

The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship

Social Entrepreneurship and the Global Environment for Entrepreneurship

Assessment of Entrepreneurial Opportunities

Pathways to Entrepreneurial Ventures

Sources of Capital for Entrepreneurs

Legal Challenges of Entrepreneurial Ventures

Marketing Challenges for Entrepreneurial Ventures

Financial Preparation for Entrepreneurial Ventures

Developing an Effective Business Plan

Strategic Entrepreneurial Growth

Valuation of Entrepreneurial Ventures

Harvesting the Entrepreneurial Venture

Filters