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Quiz Page 76 of 99 (PART TWO)

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  • Quiz Page 76 of 99 (PART TWO)

Quiz Page 76 of 99 (PART TWO)

  • Posted by Michael C. Fanning
  • Date April 28, 2023
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    1. Question

    Match the description of each method with the correct title.

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    • 1. This involves creating a visual representation of ideas and their relationships. Start with a central concept and branch out to related ideas, linking them together. You can generate new ideas and explore connections between them.
      • 2. Substitute, combine, adapt, modify, put to another use, eliminate, and reverse. It is a technique used to prompt creative thinking by encouraging the entrepreneur to apply these different actions to existing ideas, products, or services in order to create new ones.
        • 4. Use a group brainstorming technique whereby participants write down their ideas anonymously on paper. These are then collected and reviewed by the group. This method encourages everyone to participate and can lead to a wider variety of ideas being generated.
          • 3. This method involves a structured approach to identifying the internal and external factors (strengths, weaknesses, opportunities and threats) that may impact a business. Analysing these factors can help the entrepreneur identify areas for improvement and new opportunities.
            • 5. This involves connecting two seemingly unrelated ideas or concepts in order to generate a new idea. For example, connecting the concept of a bicycle with a vacuum cleaner could lead to a new product idea for a bicycle-powered vacuum cleaner.
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            Michael C. Fanning

            Entrepreneurship

            I am a serial entrepreneur and I have been vegetarian for 14 years now. In a nutshell, I start businesses, grow them and retain some ownership before decelerating from all the operational duties involved.

            In addition, I am a complete lover of nature. I turned vegetarian at 18 years old. And my mother introduced me to hiking in my teenage years. So, I take random walks in the bushes every now and then. It definitely helps with decision-making in business, too. But it is not all that I am. I am also an aspiring father, husband and Vegan. Did I mention I am Christian?

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            April 28, 2023

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