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WGU D081 INNOVATIVE AND STRATEGIC THINKING | COMPLETE QUESTIONS WITH 100% GRADED EXPERT SOLUTIONS| 2026 LATEST UPDATED | GET A+

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WGU D081 INNOVATIVE AND STRATEGIC THINKING | COMPLETE QUESTIONS WITH 100% GRADED EXPERT SOLUTIONS| 2026 LATEST UPDATED | GET A+

Institution
WGU D081 INNOVATIVE AND STRATEGIC THINKING
Course
WGU D081 INNOVATIVE AND STRATEGIC THINKING

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WGU D081 INNOVATIVE AND STRATEGIC THINKING | COMPLETE

QUESTIONS WITH 100% GRADED EXPERT SOLUTIONS| 2026 LATEST

UPDATED | GET A+

Initiative - (Answer)An organizational priority that identifies a direction or strategic area of focus




Innovation - (Answer)Process of developing and implementing a new product or process that

delivers value to users or customers




Iterative - (Answer)Repeated cycles that increasingly approach the desired result




Creativity - (Answer)Generation of novel or unique ideas




Critical Thinking - (Answer)Disciplined process of rational, evidenced-based, and open-minded

thinking that involves analysis and evaluation of inputs to reach an answer




Market Share - (Answer)The percentage of sales in a market controlled by a particular company

or product

,Customer Value - (Answer)The benefit (vs. cost) a customer receives from a product or service

offering




Product Innovations - (Answer)New or improved goods or services offered to the market




Process Innovations - (Answer)New or improved ways of conducting business, such as the

application of new technology, production techniques, or distribution methods




Invention - (Answer)The creation of a unique new idea, process, or object




Which type of innovation adds indirect value to customers by lowering costs and increasing the

quality of new or existing products or services? - (Answer)Process




Research and Development - (Answer)Organizational activities with the goal of innovating

products and services




Incremental Innovations - (Answer)Gradual improvements to products or processes




Breakthrough Innovation - (Answer)The development of an entirely new product or process

,Transformational Innovation - (Answer)Organizational adaptation and development of new

processes and business models




Business Model - (Answer)A company's plan for creating value, including the types of products

and services it will offer to earn revenue




Which type of innovation results in the development of entirely new products or processes? -

(Answer)Breakthrough




Key Point - (Answer)Innovation is an activity or process that leads to more effective products,

processes, services, technologies, or ideas. Innovation is the development of customer value

through solutions that meet unmet needs in new ways.




Key Point - (Answer)Creativity is the generation of new ideas. Innovation is the development

and implementation of a new idea through a series of stages.




Key Point - (Answer)Three types of innovation include breakthrough, incremental, and

transformational. Breakthrough innovation results in the development of completely new

, products or processes. Incremental innovation occurs through gradual improvements.

Transformational innovation radically changes an existing product or process into a new model.




Design Thinking - (Answer)A human-centered process for innovation consisting of six iterative

stages—empathize, define, ideate, prototype, test, and implement




Scientific Method - (Answer)Empirical approach or procedure used to hypothesize and test

observations




Wicked Problem - (Answer)A challenging or complex problem without a clear solution, usually

social or cultural in nature




How does design thinking differ from traditional problem-solving? - (Answer)Develops iterative

solutions




Stages of Design Thinking - (Answer)Empathize, define, ideate, prototype, test, and implement




Empathy - (Answer)The ability to understand or be attuned to the feelings, thoughts, or

experiences of another human being

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WGU D081 INNOVATIVE AND STRATEGIC THINKING
Course
WGU D081 INNOVATIVE AND STRATEGIC THINKING

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