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August 31, 2022
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True / False
1.
Creativity enables entrepreneurs
to
differentiate th
eir businesses from competi
tors
so
that customers will no
tice them.
a.
True
b.
False
True
1
2.
Stage seven
of
Norman Seeff’s creative pr
ocess represents the emotional
fulfillment
of
the original dream.
a.
True
b.
False
True
1
3.
Common types
of
roadblocks
to
creativity
are personal, relational, and env
ironmental.
a.
True
b.
False
False
1
4.
The illumination step
in
Wallas’s creative
process brings the idea
to
an
outcome.
a.
True
b.
False
False
1
5.
Discovery theory and creation th
eory help explain
how
entrepreneurial op
portunities happen.
a.
True
b.
False
True
1
6.
Entrepreneurs erect roadblocks th
at prevent them from being creative.
a.
True
b.
False
True
1
7.
The environment
in
which a person
works
can
either stimulate
or
discourage
creativity.
a.
True
b.
False
True
1
3.2 Opportunity/Ideation
8.
It
has been said that opportunity
is
the intersection
of
an
idea and a venture
capitalist.
a.
True
b.
False
False
1
3.2 Opportunity/Ideation
9.
Discover theory
sees
oppo
rtunity
as
arising from shifts
in
external factors.
a.
True
b.
False
True
1
3.2 Opportunity/Ideation
10.
One
of
the most effective ways that entrepreneurs
have
of
finding opportunity
is
to
see
a problem and
seek
a solutio
n.
a.
True
b.
False
True
1
3.2 Opportunity/Ideation
Multiple Choice
11.
Entrepreneurs differ from others who
have ideas
in
that they know
how
to
extract
____
from those ideas
to
creative
commercial potential.
a.
value
b.
creativity
c.
innovation
d.
opportunities
e.
problems
a
1
3.5 Innovation
12.
____
sees
opportunity arising fro
m shifts
in
external factors
in
the market
or
indu
stry, such
as
regulation,
technological changes, and
changes
in
customer preferences.
a.
Problem solving
b.
Innovation
c.
Creation theory
d.
Discovery theory
e.
Value creation
d
1
3.2 Opportunity/Ideation
13.
In
____, entrepreneurs create opportunities
via their actions, reactions, and
experiments around new products,
services, and business models.
a.
invention
b.
innovation
c.
creation theory
d.
discovery theory
e.
value creation
c
1
3.2 Opportunity/Ideation
14.
Creativity
is
the basis for ____, which
is
discov
ering something that did
not
exist previously.
a.
invention
b.
innovation
c.
creation theory
d.
discovery theory
e.
value creation
a
1
3.1 Creativity and Inspiration
15.
____
is
finding a new
way
to
do
something
or
improving
on
an
existing product
or
service.
a.
Invention
b.
Innovation
c.
Creation theory
d.
Discovery theory
e.
Value creation
b
1
3.1 Creativity and Inspiration
16.
The creative process
is
difficult
to
study because
it
generally deals with:
a.
Invention
b.
Association
c.
problem solving
d.
A
person’s
internal thought pr
ocesses
e.
An
unknown process
d
1
3.1 Creativity and Inspiration
17.
Which
of
the following
is
not
one
of
the four stages
of
the creative pr
ocess identified
by
Wallas?
a.
Preparation
b.
Association
c.
Incubation
d.
Illumination
e.
Verification
b
1
3.1 Creativity and Inspiration
18.
No
time for creativity, lack
of
confidence, and absence
of
creative
skills are all examples
of
roadblocks
to
:
a.
creativity
b.
invention
c.
innovation
d.
business opportunity
e.
functional
a
1
3.1 Creativity and Inspiration
19.
Creativity
is
the behavior that results
in
____
.
a.
manipulation
b.
innovation
c.
intuition
d.
illumination
e.
problem solving
b
1
3.1 Creativity and Inspiration
20.
Entrepreneurs are more successful
at
discovering opportunities
because of:
a.
Brainstorming
b.
Minimizing distractions
c.
Contemplation
d.
Alertness
e.
None
of
these choices
d
1
3.2 Opportunity/Ideation
21.
According
to
Rosabeth Moss Kanter, account
ability, collaboration,
and initiative are all elements
of
____.
a.
innovation
b.
confidence
c.
creativity
d.
intuition
e.
invention
b
1
3.1 Creativity and Inspiration
22.
Reducing some
of
the risk
of
entrepreneurship and
building confidence
can
be
achieved
by
____.
a.
devoting time
each
day
to
quiet contemplation
b.
identifying a problem and
solving
it
c.
conducting a feasibility analysis
d.
becoming more observant
e.
using a personal network
c
1
3.1 Creativity and Inspiration
23.
Closing the door, shutting off the phon
e, and turning off email
to
prepare
to
do
some creative thinking
are all
examples
of
how
you
can
____.
a.
effectively solve problems
b.
minimize distractions
c.
develop a creative culture
d.
design physical settings that in
spire people
to
be
creative
e.
All
of
these choices
b
1
3.1 Creativity and Inspiration
24.
_____
is
a technique whereby the entrepreneur br
eaks down a problem into
its
various elements.
a.
Attribute identification
b.
Creative destruction
c.
Restating the problem
d.
The decision tree
e.
All
of
the above
d
1
3.3 Find and Frame the Prob
lem
25.
The design-thinking process includes all
of
these characteristics except:
a.
Empathy
b.
Integrative thinking
c.
Confidence
d.
Optimism
e.
Collaboration
c
1
Creating Opportunity, In
tro
26.
Once several new ideas have been created, the
natural tendency
is
to:
a.
Try
them all
b.
Try
the good ones
c.
Try
the crazy ones
d.
Kill the crazy ones
e.
None
of
these.
d
1
3.3 Find and Frame the Prob
lem
27.
The principle
of
Affirmative Judgment:
a.
Finds the negative aspects
of
a prob
lem definition
b.
Recognizes that the prob
lem exists
c.
Avoids criticism for a problem defin
ition until the positive
aspects have been stated
d.
Rejects the
non
-starters
e.
Avoids making a decision
until absolutely necessary
1
3.3 Find and Frame the Prob
lem
28.
The most challenging aspect
of
the problem-solvin
g process is:
a.
Solving the problem
b.
Identifying the problem.
c.
Gathering the team for input
d.
Thinking about the problem
e.
None
of
these.
b
1
3.4 Develop Solutions
29.
The best question
to
ask
to
define
a problem
is
____?
a.
how
can
I
fix
this problem
b.
who created the problem
c.
who has the solution
to
this problem
d.
what
is
the source
of
the problem
e.
who
is
affected
by
this problem
d
1
3.3 Find and Frame the Prob
lem
30.
Force fitting involves:
a.
Pairing random objects
b.
Assigning team workers
to
partners
c.
Adjusting manufacturing
to
comport with
existing sizes
d.
Setting a deadline
to
fo
rmulate a solution
e.
Requiring a brainstorming session
each day
1
3.3 Find and Frame the Prob
lem
31.
Which
of
the following rules does not apply
to
idea generation?
a.
Go
for quantity ov
er quality initially
b.
Capture every idea
no
matter
how
outlandish
it
may
seem
c.
Piggyback
on
ideas
to
create new modifications
d.
Generate individual id
eas first
e.
Evaluate individual ideas before modify
ing them
1
3.1 Creativity and Inspiration
32.
The ____ produces about three times
as
many
ideas per unit
of
time and these
ideas are generally
of
much higher
quality.
a.
hybrid process
b.
group approach
c.
collaborative process
d.
team process
e.
brainwriting approach
a
1
3.1 Creativity and Inspiration
33.
____ involves getting ideas down
on
paper and
then organizing the ideas and creating
themes.
a.
Hybrid process
b.
Group approach
c.
Collaborative process
d.
Group think
e.
Brainwriting
e
1
3.1 Creativity and Inspiration
34.
The principle
of
____ means looking
for the strengths
or
positive aspects
of
a problem defin
ition first.
a.
Positive Reinforcement
b.
Affirmative Judgment
c.
Best Problem Definition
d.
Attribute Identification
e.
Evaluation Matrix
b
1
3.3 Find and Frame the Prob
lem
35.
____
is
concerned with the process
of
commercializin
g
or
extracting value from ideas.
a.
Problem identification
b.
Creativity
c.
Invention
d.
Innovation
e.
Marketing
d
1
3.5 Innovation
36.
____
is
the process that moves
an
innovatio
n from the laboratory
to
th
e market.
a.
Commercialization
b.
Invention
c.
Transformation
d.
Innovation
e.
Marketing
a
1
3.5 Innovation
37.
The vast majority
of
innovations today are
____.
a.
technology-based
b.
inventions
c.
radical
d.
disruptive
e.
incremental
e
1
3.5 Innovation
38.
____ innovations
can
find
no
identifiable market
in
the earliest stages
of
development.
a.
Technology
b.
Emergent
c.
Most
d.
Disruptive
e.
Incremental
d
1
3.5 Innovation
39.
One mistake that entrepreneurs frequently
make when trying
to
solve
a problem is:
a.
They
don’t
consider the
problem long enough
to
develop a solu
tion.
b.
They consider past experience, relyi
ng
on
patterns deriv
ed from experience.
c.
They lack the confidence
to
solve the problem
d.
They
fix
on
the wrong
solution.
e.
None
of
these choices.
b
1
3.3 Find and Frame the Prob
lem
40.
Strictly speaking, Schumpeter did not
see
____
as
innovation even
if
th
ey generated economic growth.
a.
commercialized improvements
b.
radical improvements
c.
incremental improvements
d.
patented improvements
e.
None
of
these choices
1
3.5 Innovation
Subjective Short Answer
41.
Discuss the activities that are involved
in
the creation process.
creation, manifestation, and
fulfillment.
1
3.1 Creativity and Inspiration
42.
Explain the principle
of
design
thinking.
thinking
is
an
empathy with what
people (customers) want.
1
3.1 Creativity and Inspiration
43.
Explain why multitasking stifles creativity.
creative that
is
unrelated
to
work.
1
3.1 Creativity and Inspiration
44.
Name
one
technique for problem-solving.
quicker resolution.
1
3.3 Find and Frame the Prob
lem
45.
Why
is
it
important
to
correctly define a problem?
solution will
be
adopted.
46.
Identify a problem
to
which you develop
ed
an
innovative solution.
Does your solution
signal a business opportunity?
Your example
can
be
a simple
as
chan
ging ingredients
in
a recipe.
47.
What are some challenges
to
creativity?
48.
Explain attribute identification.
49.
What effects
do
incremental and disrup
tive
or
radical innovations have
on
technology?
50.
Is
the idea creation process
is
similar
to
the problem solving process?