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"S" in the creativity tool SCAMPER stands for summarize.
Correlation is one of the four stages in the creative process.
To write economically, you should eliminate surplus words.
Short sentences carry more emphasis than long, involved ones.
The following sentence does not have redundant words. Let me know your future plans.
A typical Idea To Product (I2P) analysis consists of a one-page response to eight
questions-four about the product, three about the process, and one about the people.
Hobbies cannot be turned into successful businesses.
Hobbies cannot be turned into successful businesses.
The feasibility of an idea is the extent to which it is viable and realistic.
The following sentence has one independent clause and one dependent clause. Since the
question was tough, I had trouble answering.
Some of the operations-related activities of Hard Rock Caf© include designing meals
and analyzing them for ingredient cost and labor requirements.
An example of a "hidden" production function is money transfers at banks.
This example illustrates faulty parallelism. Jake likes fishing and reading books.
An operations manager is not likely to be involved in
A) the design of goods and services to satisfy customers wants and needs
B) the quality of goods and services to satisfy customers wants and needs
C) the identification of customers wants and needs
D) work scheduling to meet the due dates promised to customers
E) maintenance schedules
Which of the following sentences illustrates faulty parallelism?
A. He likes to read and sleep.
B. She spends her time knitting sweaters and selling them at the farmers market.
C. They spent the day visiting the shops and walked on the beach.
D. She wrote the report slowly and carefully.
E. The farm grooms horses for competing in races.
Which of the following questions in a typical I2P analysis looks at the specific
individuals, groups, or organizations you would approach first to buy your product or
service?
A. How is your product or idea better?
B. Who will buy it?
C. Why will they buy it?
D. What is the market and its size?
The "Who will buy it?" question looks at the specific individuals, groups, or
organizations you would approach first to buy your product or service.
In the SCAMPER tool, "R" stands for:
A. restitution.
B. resolution.
C. reverse.
D. result.
In the SCAMPER tool, "R" stands for reverse or rearrange.
The factor responsible for the largest portion of productivity increase in the U.S. is
A) labor
B) management
C) capital
D) All three combined; it is impossible to determine the contribution of individual
factors.
E) None of these
Which of the following is most likely to be true of people with highly innovative
businesses?
A. They implement an imitative strategy to their business.
B. They are persistent about asking questions.
C. They give more importance to the problems they face rather than identifying
opportunities.
D. They typically are people with political connections.
In the SCAMPER tool, "E" stands for:
A. entertain.
B. eliminate.
C. engineer.
D. extrapolate.
Which of the following is an example of a sentence in which one idea is subordinated to
the other?
A. My wedding ring is worth a million dollars and I guard it with my life.
B. My wedding ring is worth a million dollars and I wear it rarely.
C. My wedding ring is worth a million dollars.
D. My wedding ring, which is worth a million dollars, is a guarded jewel.
E. My wedding ring is rarely worn by me.
Gibson Valves produces cast bronze valves on an assembly line, currently producing
1600 valves per shift. If the production is increased to 2000 valves per shift, labor
productivity will increase by
A) 10%
B) 20%
C) 25%
D) 40%
E) 50%
According to Graham Wallas description of the creative process, a creative thought
includes a(n) _____ stage.
A. industry survey
B. elimination
C. combination
D. incubation
Gibson Products produces cast bronze valves for use in offshore oil platforms.
Currently, Gibson produces 1600 valves per day. The 20 workers at Gibson work from
7 a.m. until 4 p.m., with 30 minutes off for lunch and a 15 minute break during the
morning work session and another at the afternoon work session. Gibson is in a
competitive industry, and needs to increase productivity to stay competitive. They feel
that a 20 percent increase is needed.
Gibsons management believes that the 20 percent increase will not be possible without
a change in working conditions, so they change work hours. The new schedule calls on
workers to work from 7:30 a.m. until 4:30 p.m., during which workers can take one
hour off at any time of their choosing. Obviously, the number of paid hours is the same
as before, but production increases, perhaps because workers are given a bit more
control over their workday. After this change, valve production increased to 1800 units
per day.
a. Calculate labor productivity for the initial situation
b. Calculate labor productivity for the hypothetical 20 percent increase
c. What is the productivity after the change in work rules?
d. Write a short paragraph analyzing these results.
Productivity measurement is complicated by
A) the competitions output
B) the fact that precise units of measure are often unavailable
C) stable quality
D) the workforce size
E) the type of equipment used
Born and raised in India, Rashmi has always enjoyed Indian cooking. As a matter of
fact, cooking was her passion and she always enjoyed reading, learning, and
experimenting with different ethnic cuisines. Ever since Rashmis family moved to the
United States, her cousins, friends, and other people at dinner gatherings have always
commented that Rashmi should start a catering business. Realizing that her American
friends may not be able to handle or like the Indian food because of its spiciness,
Rashmi decided to make changes to the recipes to suit the local taste. Rashmi is
seriously contemplating whether she should start a catering business-Tastes of India.
Rashmi appears to be applying which element of the SCAMPER tool in her
entrepreneurship ideas?
A. Modify
B. Substitute
C. Restitute
D. Eliminate
Which of the following is not a typical service attribute?
A) intangible product
B) easy to store
C) customer interaction is high
D) simultaneous production and consumption
E) difficult to resell
Which of the following sentences uses a cluttering phrase?
A. Can you arrange these boxes in the loft before they come back?
B. The reason Victor skipped meeting was because he had to go to the bank.
C. I will watch the game until you finish your report.
D. Can you fix this machine?
E. I had been staying at Mikes apartment before I moved in with my brother.
Which of the following is an advantage of the SCAMPER tool?
A. It helps entrepreneurs to come up with alternative solutions.
B. It helps entrepreneurs to generate more royalty than any other method.
C. It gives IP protection to products and services.
D. It helps entrepreneurs to avoid governmental taxes and liabilities.
The idea trigger of the separate products, services, or whole businesses that
entrepreneurs can put together to create another distinct business represents which cue
of the SCAMPER tool?
A. Substitute
B. Magnify
C. Adapt
D. Combine
Define feasibility. What are the major sections of a feasibility study?
What is the BCFs current ratio for both 2010 and 2009 (note: Investments are
long-term)? What is the quick ratio (excluding any receivables) for those years? How
do these two measures of liquidity compare to each other? How would you assess the
BCFs liquidity overall?
What is a pilot test?
Compare and contrast an imitative strategy with an incremental strategy.
How can a small business owner get into an innovative frame of mind? Explain.
Identify the items that Fredrick W. Taylor believed management should be more
responsible for.
In 2010, did the BCF sell more investments than it purchased (excluding artwork)? In
2009? Support your answer with numbers from the financial statements and indicate
from where you derived the information.
Why are services typically more difficult to standardize, automate, and make efficient?
What are the major pitfalls that business owners can become victims to when trying to
become more innovative?
