MGT 536 Homework

subject Type Homework Help
subject Pages 5
subject Words 684
subject Authors Leon Megginson, Mary Jane Byrd

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page-pf1
Which of the following questions in a typical I2P analysis provides information on
competing products?
A. How would you define the best initial set of customers?
B. What is your product or idea?
C. Can you develop IP protection for your idea?
D. What is the market and its size?
This questions tries to answer where there are competing products, you can get an idea
of the market size. While precise numbers are unlikely at this point, you need to have
some idea if we are talking about a market of hundreds, thousands, or millions.
_____ requires an entrepreneur to assess whether the situation faced is one that is the
same as it has been traditionally or if it is changing.
A. Business process modeling
B. Opportunity identification process
C. Pilot test
D. Radical innovation strategy
page-pf2
Which of the following services is least likely to be unique, i.e., customized to a
particular individuals needs?
A) dental care
B) hairdressing
C) legal services
D) elementary education
E) computer consulting
If entrepreneurs realize that all the traditional applications for their products have
disappeared and that they have surplus products, which of the following elements of the
SCAMPER tool are they most likely to employ?
A. Sectionalize
B. Put to other uses
C. Eliminate
D. Restitute
page-pf3
"Should we make or buy this component?" is an issue in the __________ critical
decision area.
In the SCAMPER tool, "M" stands for:
A. manage.
B. match.
C. market.
D. modify.
Using paradoxes such as using stimulants to calm hyperactive children, to challenge old
ways of thinking, refers to which of the following cues of the SCAMPER tool?
A. Minimize
B. Saturate
C. Restitute
page-pf4
D. Rearrange
The more words and ideas there are in a sentence:
A. the greater the likelihood of misunderstanding.
B. the greater the clarity.
C. the lesser the chances of miscommunication.
D. the greater the readability of a message.
In which of the following examples are two ideas bestcoordinated?
A. My father, who is a light sleeper, always wakes up at the break of dawn.
B. My father, who always wakes up at the break of dawn, is a light sleeper.
C. My father is a light sleeper and he always wakes up at the break of dawn.
page-pf5
D. My father, who does not sleep soundly, always wakes up at the break of dawn.
E. My father, who is a light sleeper, always wakes up before the break of dawn.

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