Combined Quiz No. 3&4

It refers to thought processes that bring discovery of new ideas.

• Critical thinking

• Creative thinking

• The blue ocean strategy

• Strategic Thinking

It refers to processes that assess present situation that is also useful in the formulation of plan in the future.

• Critical thinking

• Creative thinking

• The blue ocean strategy

• Strategic Thinking

An entrepreneurial decision making proposed by W. Chan Kim and Rene Maubourgne.

• Critical thinking

• Creative thinking

• The blue ocean strategy

• Strategic Thinking

It refers to the systematic and rational way of providing an answer to a question.

• Critical thinking

• Creative thinking

• The blue ocean strategy

• Strategic Thinking

These are the process involved in the Blue Ocean Strategy. EXCEPT ONE.

• Combination

• Elimination

• Reducing

• Differentiate

These are threats coming from the environment.

• Risk

• External risk

• Risk appetite

• Internal risk

It is described as uncertain situations.

• Risk

• External risk

• Risk appetite

• Internal risk

It refers to the ability of individuals to be involved in the process of producing decision making.

• Entrepreneurial decision making

• External risk

• Cognitive adaptability

• Internal risk

It pertain to danger coming from the management of the business.

• Risk

• External risk

• Cognitive adaptability

• Internal risk

These are the process involved in managing risk. EXCEPT ONE.

• Identifying

• Assessing

• Responding

• Calculating