Chapter 6 Flashcards

1
Q

___% of new products, services, and businesses fail within the first 12 months.

A

85%

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2
Q

An important principle when creating new ideas is to push _____, not ______.

A

consumer benefits; product functions

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3
Q

Why is the “stimulus-response” method of brainstorming often successful?

A

That’s because it uses the brain to absorb and process things or events, then make new connections.

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4
Q

What is the cardinal rule of brainstorming?

A

Keep all ideas and treat them as if they are great no matter how ridiculous they sound.

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5
Q

What is concept testing when it comes to innovation?

A

Surveying people in the target audience to gauge their interest in a product concept without actually making the new product.

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6
Q

What are the stages of the improvement cycle?

A

Plan, do, study, act

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