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ANCHETA CARL RAYMUND A. Quiz2 E4M

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UNIVERSITY OF PERPETUAL HELP SYSTEM – LAGUNA
National Hi-way, Sto. Niño, Biñan, Laguna
College of Engineering, Architecture and Aviation
Technopreneurship
Quiz #2
Name: Ancheta, Carl Raymund A.
Professor: Ms. Pamela Ambrocio
Date: 02/18/2024
Section: E4M
Identify the Following.
Q1.
is the ability to develop something original, particularly an idea or a
representation of an idea.
A1. Creativity
Q2.
is any new idea, process, or product, or a change to an existing
product or process that adds value to that existing product or service.
A2. Innovation
Q3.
will be based on previous ideas and products, but it is such a leap that
it is not considered an addition to or a variant of an existing product but something unique.
A3. Invention
Q4.
A4. Complexity
is key to design thinking.
Q5.
is the purposeful process of opening up your mind to new trains of thought that
branch out in all directions from a stated purpose or problem.
A5. Ideation
Q6.
A6. Brainstorming
is just one of dozens of methods for coming up with new ideas.
Q7.
sometimes called vertical thinking—involves a logical, step-by-step
process.
A7. Linear thinking
Q8.
A8. Lateral thinking
will allow you to use your creativity to solve problems that arise.
Q9. The
products.
A9. Product development
process should be based on the metrics that customers use to judge
Q10.
is a problem that people have with a product or service that might be
addressed by creating a modified version that solves the problem more efficiently.
A10. Pain point
Q11. Companies use
analysis to create strategies to sustain their product's
longevity or change it to meet market demand or adapt with/to developing technologies.
A11. PLC
Q12. During the
stage, marketing and promotion are at a high, and the company
often invests quite a bit of effort and capital in promoting the product and getting it into the
hands of consumers.
A12. Introduction
Q13. During the
stage, consumers start taking to the product and buying it.
The product concept is proven as it becomes more popular, and sales increase.
A13. Growth
Q14.When a product reaches
market.
A14. Maturity
, its sales tend to slow, signaling a largely saturated
Q15.In the
stage, product sales drop significantly, and consumer behavior
changes, as there is less demand for the product.
A15. Decline
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