27.5 - The Innovation Process
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Practice Questions
Test your understanding with targeted questions
Define Idea Generation in the context of the innovation process.
💡 Hint: Think about the first step of the innovation cycle.
What does the acronym 'MVP' stand for?
💡 Hint: Consider what a product needs to be to start with.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What phase directly follows Idea Generation?
💡 Hint: It's about filtering the generated ideas.
True or false: Commercialization includes selecting a product's pricing.
💡 Hint: Think about what needs to be done before a launch.
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Challenge Problems
Push your limits with advanced challenges
Given a product concept, outline a brief Idea Generation and Screening strategy to assess its market viability.
💡 Hint: Think about external factors like trends and needs that could inform your assessment.
Design a comprehensive plan for the Product Development phase of a tech product using Agile methodology, including stakeholder involvement and feedback loops.
💡 Hint: Consider how fast-paced technology changes may impact your product development.
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