________ Is the Process of Taking a Creative Idea and Turning

question 80

Multiple Choice

________ is the process of taking a creative idea and turning it into a useful product, service, or method of operation.

• A) Interpretive thinking
• B) Imagination
• C) Innovation
• D) Creativity

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Definitions:

Decision Tree

A graphical representation used to make decisions, showing various outcomes from a series of related choices.

Evaluation Criteria

Standards or benchmarks used to assess the performance, quality, or suitability of products, services, or projects.

Value Proposition

A business or marketing statement that summarizes why a consumer should buy a product or use a service.

Inventory Costs

The total cost associated with holding and managing inventory, including warehousing, depreciation, insurance, and potential obsolescence.