Management Notes

Reference Notes for Management

When entrepreneurs develop new products, other companies also experience growth because they

When entrepreneurs develop new products, other companies also experience growth because they

When entrepreneurs develop new products, other companies also experience growth because they

a) they immediately copy the successful product.
b) create many companion products.
c) try to develop their own products.
d) attempt to improve the product.

Correct Answer:  d) attempt to improve the product.

When entrepreneurs develop new products, other companies also experience growth because they

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Which of the following is not a creative thinking exercise entrepreneurs use to generate ideas?

Which of the following is not a creative thinking exercise entrepreneurs use to generate ideas?

Which of the following is not a creative thinking exercise entrepreneurs use to generate ideas?

A. Challenge the Usual
B. Judge Each Idea as Realistic or Not
C. Draw Idea Maps
D. Think Backward

Correct Answer: B. Judge Each Idea as Realistic or Not

Which of the following is not a creative thinking exercise entrepreneurs use to generate ideas

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