Thinking EXAM | Questions and Answers | 100%
Correct (Latest Update )
1. What is one of the strengths of design thinking?_ANS Ideas are adjusted
during the process
2. Which tool allows business owners to understand which internal factors can
be improved and which external factors are outside of the business’ control and
may present difficulty?_ANS SWOT
3. What is a characteristic of strategic management?_ANS Applies scenario
planning to anticipate change
4. Which factor represents a business opportunity in a SWOT analysis?_ANS
Increased Demand
5. Which internal factor in the SWOT analysis represents an organization’s
strengths and weaknesses?_ANS Product Line
6. A company wants to restructure to focus on innovation and experimentation.
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,How will this structure affect business strategy?_ANS By managing uncertainty
7. What are the stages of Design Thinking?_ANS Empathize, define, ideate,
prototype, test, and implement
8. What is a Human Centered Design?_ANS Approach to design that begins with
the people (users) affected by the problem or potential solution
9. What is the Ideate Stage?_ANS Stage of Design Thinking process where ideas
are brainstormed and generated
10. What is a Business Model?_ANS A company’s plan for creating value,
including the types of products and services it will offer to earn revenue
11. What is a Breakthrough Innovation?_ANS The development of an entirely
new product or process
12. What is a Transformational Innovation?_ANS Organizational adaptation and
development of new processes and business models
13. What is a Key Point about innovation?_ANS 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
14. What is a Key Point about creativity and innovation?_ANS Creativity is the
generation of new ideas. Innovation is the development and implementation of a
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, new idea through a series of stages
15. What is a Key Point about types of innovation?_ANS 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
16. What is the Define Stage?_ANS Stage of Design Thinking process that builds
on observations of users to identify and refine a problem statement
17. What is the Prototype Stage?_ANS Stage of Design Thinking process where
designers create testable versions of the ideated solution; draft or example
version of a solution that can be tested and evaluated
18. What is the Test Stage?_ANS Stage of Design Thinking process where the
prototype is tested and additional information can be gathered to inform the
solution
19. What is the Implement Stage?_ANS Stage of Design Thinking process where a
solution is brought to scale as a market offering or is adopted throughout the
organization
20. What is a Problem Statement?_ANS Brief description of the issue to be
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