Flashcards : Mastering Innovation and Product Strategies — 18 cartes

Toutes les cartes

1Question

Innovation Management — process?

Réponse

Structured approach to develop and implement innovations

2Question

Types of Innovation — categories?

Réponse

Incremental, radical, architectural, disruptive

3Question

Business Model Innovation — purpose?

Réponse

Rethink value creation, delivery, capture

4Question

Product Lifecycle — stages?

Réponse

Introduction, growth, maturity, decline

5Question

Product development phases — sequence?

Réponse

Idea, concept, design, testing, launch

6Question

Maturity and decline — focus?

Réponse

Extension strategies or harvesting

7Question

Lifecycle management strategies — aim?

Réponse

Prolong profitable phases, prevent decline

8Question

Consumer-centered innovation — approach?

Réponse

Prioritize consumer needs and feedback

9Question

Conducting consumer studies — purpose?

Réponse

Identify unmet needs and validate ideas

10Question

Quantitative vs qualitative — research?

Réponse

Numerical data vs in-depth insights

11Question

Questionnaire drafting — goal?

Réponse

Gather clear, relevant consumer insights

12Question

Creativity techniques — purpose?

Réponse

Generate novel, useful ideas

13Question

Brainstorming methods — focus?

Réponse

Quantity over immediate quality of ideas

14Question

Idea generation tools — examples?

Réponse

Mind maps, SCAMPER, software aids

15Question

Structured ideation — examples?

Réponse

Design thinking, TRIZ

16Question

Product launch strategy — key?

Réponse

Plan to maximize adoption and success

17Question

Launch planning — activities?

Réponse

Objectives, timelines, resources, KPIs

18Question

Using 4 Ps — in launch?

Réponse

Product, Price, Place, Promotion alignment

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1. What does Innovation Management refer to?

2. Which author is associated with the concept of the product lifecycle in the course content?

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