WorksheetsMIDTERM EXAM - Opportunity Seeking
Total questions: 40
Worksheet time: 20mins
Consumers
Refers to a person who purchases goods and services for personal use.
Is a person or business that provides a product or service to another entity.
a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Supplier
Refers to a person who purchases goods and services for personal use.
Is a person or business that provides a product or service to another entity.
a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Investor
Refers to a person who purchases goods and services for personal use.
Is a person or business that provides a product or service to another entity.
a person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Ideation
is a creative process where designers generate ideas in a session
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
ideas that come to your mind by physically experiencing a situation resembling to your problem
Entrepreneur
is a creative process where designers generate ideas in a session
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
ideas that come to your mind by physically experiencing a situation resembling to your problem
Bodystorming
is a creative process where designers generate ideas in a session
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
ideas that come to your mind by physically experiencing a situation resembling to your problem
Brainstorming
is the process of generating ideas in a session by verbally stating it during a group session.
the process of generating ideas in a session by writing your ideas in mind on a piece of paper.
the process of combining two ideas into one
brainwriting
is the process of generating ideas in a session by verbally stating it during a group session.
the process of generating ideas in a session by writing your ideas in mind on a piece of paper.
the process of combining two ideas into one
Force Fit
is the process of generating ideas in a session by verbally stating it during a group session.
the process of generating ideas in a session by writing your ideas in mind on a piece of paper.
the process of combining two ideas into one
Borrowing
is the process of generating ideas in a session by verbally stating it during a group session.
the process of creating a new product using the design or structure of another object.
the process of combining two ideas into one
Confusion
Refers to the initial stage of the journey of an idea
Refers to the last stage of the journey of an idea
Refers to the journey of an idea where you already analyzed the situation at hand.
Traction
Refers to the initial stage of the journey of an idea
Refers to the last stage of the journey of an idea
Refers to the journey of an idea where you already analyzed the situation at hand.
Validation
Refers to the initial stage of the journey of an idea
Refers to the last stage of the journey of an idea
Refers to the journey of an idea where you already analyzed the situation at hand.
Product Development
is the process of building a new product, from ideation all the way through launching.
is where you brainstorm product concepts based on customer needs, concept testing, and market research
the stage of refining the product strategy
Idea Stage
is the process of building a new product, from ideation all the way through launching.
is where you brainstorm product concepts based on customer needs, concept testing, and market research
the stage of refining the product strategy
Concept Stage
is the process of building a new product, from ideation all the way through launching.
is where you brainstorm product concepts based on customer needs, concept testing, and market research
the stage of refining the product strategy
Prototyping Stage
the process of building the product from idea to the actual.
is where you brainstorm product concepts based on customer needs, concept testing, and market research
the stage of refining the product strategy
Test Marketing Stage
the process of building the product from idea to the actual.
is where you brainstorm product concepts based on customer needs, concept testing, and market research
the process of validating the prototype before actual launching
Commercialization
selling of the actual product
is where you brainstorm product concepts based on customer needs, concept testing, and market research
the process of validating the prototype before actual launching
PLC stands for
Product Life Cycle
Process Life Cycle
Procedure Life Cycle
Introduction
The initial stage of PLC
The final stage of PLC
The improvement stage of PLC
Growth
A stage in PLC wherein the product starts to generate profit after doing marketing campaigns
A stage in PLC wherein the product reached its stability in the market
The stage in PLC that all businesses try to avoid
Maturity
A stage in PLC wherein the product starts to generate profit after doing marketing campaigns
A stage in PLC wherein the product reached its stability in the market
The stage in PLC that all businesses try to avoid
Decline
A stage in PLC wherein the product starts to generate profit after doing marketing campaigns
A stage in PLC wherein the product reached its stability in the market
The stage in PLC that all businesses try to avoid
Roger Sperry
The brain researcher who is also known for his Split Brain Experiment
The developer of the HBDI Model
The person behind the PLC theory
Ned Herrmann
The brain researcher who is also known for his Split Brain Experiment
The developer of the HBDI Model
The person behind the PLC theory
How many countries are participating in the Sustainable Development Goals movement?
193
200
275
What year was the SDG created?
2010
2015
2020
SDG 1.
No Poverty
Zero Hunger
Good Health & Well-being
SDG 2.
No Poverty
Zero Hunger
Good Health & Well-being
SDG 3.
No Poverty
Zero Hunger
Good Health & Well-being
SDG 4.
Quality Education
Zero Hunger
Good Health & Well-being
SDG No. 5
Quality Education
Gender Equality
Good Health & Well-being
Responsible Consumption and Production
SDG No. 12
SDG No. 10
SDG No. 15
Climate Action
SDG No. 12
SDG No. 10
SDG No. 13
Consumer Preferences
refer to the tastes of a particular group of people
refer to the things that irritate customers
an ability to jump to insightful conclusions without the rigorous process of logical thinking
Customer Dislikes
refer to the tastes of a particular group of people
refer to the things that irritate customers
an ability to jump to insightful conclusions without the rigorous process of logical thinking
Blue Quadrant
Analytical
Practical
Relational
Green Quadrant
Analytical
Practical
Relational
Red Quadrant
Analytical
Practical
Relational
