Entrepreneurial Problem-Solving
Problem-Solving Models
Lean Problem-Solving
Design Thinking
Creative Problem-Solving Process
How well do you know Mr. G?
100
What is entrepreneurial problem-solving?
- A) A process focused on day-to-day operations.
- B) Using innovation and creativity to close gaps by solving societal, business, or technological problems.
- C) Making decisions with complete information.
- D) Replicating competitor strategies.
- B) Using innovation and creativity to close gaps by solving societal, business, or technological problems.
100
Which problem-solving model relies on using tested, established methods?
- A) Innovative Model
- B) Adaptive Model
- C) Theoretical Model
- D) Petitioning Model
- B) Adaptive Model
100
Which of the following is the first step in the Lean Problem-Solving process?
- A) Set targets.
- B) Implement a solution.
- C) Clarify the problem.
- D) Analyze data.
- C) Clarify the problem.
100
What is the first step in the design thinking process?
- A) Ideate
- B) Empathize
- C) Prototype
- D) Test
- B) Empathize
100
Which tool is used during the "Clarify" step of the creative problem-solving process to identify causes of a problem?
- A) Fishbone Diagram
- B) SWOT Analysis
- C) Brainstorming
- D) Crowdsourcing
- A) Fishbone Diagram
100
Which club is Mr. G involved with at school?
- A) Debate Club
- B) Sports Club
- C) FBLA
- D) Drama Club
- C) FBLA (Future Business Leaders of America)
200
What is an opportunity gap?
- A) The difference between the current state of a product and what could be done to meet an unmet need.
- B) A gap in profit margins.
- C) A decision-making process in problem-solving.
- D) The difference between two businesses' revenue.
A) The difference between the current state of a product and what could be done to meet an unmet need.
200
The innovative model of problem-solving is characterized by:
- A) Focusing on efficiency.
- B) Using traditional methods.
- C) Avoiding creativity.
- D) Seeking new, sometimes risky, approaches.
- D) Seeking new, sometimes risky, approaches.
200
What is the "5 Whys" technique used for in Lean Problem-Solving?
- A) To identify the root cause of a problem.
- B) To find the most cost-effective solution.
- C) To develop multiple solutions quickly.
- D) To evaluate the success of a project.
- A) To identify the root cause of a problem.
200
What is the main purpose of empathizing in design thinking?
- A) To brainstorm ideas.
- B) To test the final solution.
- C) To understand the user's needs and emotions.
- D) To define the problem.
- C) To understand the user's needs and emotions.
200
What is the main focus of the "Ideate" step in the creative problem-solving process?
- A) Implement the solution.
- B) Set goals.
- C) Generate as many ideas as possible.
- D) Evaluate solutions.
- C) Generate as many ideas as possible.
200
Mr. G is the oldest sibling, he has a brother who is two years younger, and a sister that is ___ old.
A) 12
B) 22
C) 16
D) 7
A) 12
300
Which of the following is the main goal of entrepreneurial problem-solving?
- A) Finding innovative solutions to gaps in the market.
- B) Reducing costs.
- C) Maximizing profits quickly.
- D) Outperforming competitors.
- A) Finding innovative solutions to gaps in the market.
300
Which of the following is NOT a key characteristic of the innovative model?
- A) Taking risks.
- B) Redefining problems.
- C) Using proven methods.
- D) Finding novel solutions.
- C) Using proven methods.
300
What is the purpose of setting measurable targets in Lean Problem-Solving?
- A) To adjust the problem definition.
- B) To monitor competitors.
- C) To brainstorm potential solutions.
- D) To ensure that success can be measured accurately.
- D) To ensure that success can be measured accurately.
300
Which step of design thinking focuses on generating a wide variety of solutions?
- A) Empathize
- B) Define
- C) Prototype
- D) Ideate
- D) Ideate
300
During the "Evaluate" step of the creative problem-solving process, what should entrepreneurs focus on?
- A) Identifying root causes.
- B) Generating more ideas.
- C) Setting measurable targets.
- D) Testing and adjusting the solution if needed.
- D) Testing and adjusting the solution if needed.
300
Mr. G has how many pets?
- A) 1
- B) 2
- C) 3
- D) 4
A) 1
400
Who founded Spanx after identifying an opportunity gap in women’s clothing?
- A) Sara Blakely
- B) Jeff Bezos
- C) Elon Musk
- D) Tim Brown
- A) Sara Blakely
400
Which of the following is an example of the adaptive problem-solving model?
- A) Developing a new social media platform.
- B) An entrepreneur developing a new disinfection method.
- C) Hospitals using handwashing protocols to reduce infections.
- D) Using creativity to redesign an existing product.
- C) Hospitals using handwashing protocols to reduce infections.
400
What is the focus of Lean Problem-Solving in businesses?
- A) Reducing prices for customers.
- B) Creating new products.
- C) Improving efficiency and minimizing waste.
- D) Avoiding market risks.
- C) Improving efficiency and minimizing waste.
400
Which of the following is a technique for generating ideas during the ideation phase of design thinking?
- A) Root Cause Analysis
- B) Brainstorming
- C) Setting Targets
- D) SWOT Analysis
- B) Brainstorming
400
What does "Brainstorming" aim to achieve in the creative problem-solving process?
- A) Prioritizing solutions.
- B) Generating a large number of ideas without judgment.
- C) Evaluating the effectiveness of each solution.
- D) Analyzing past data.
- B) Generating a large number of ideas without judgment.
400
Mr. G's original college major was:
A) Marketing
B) Entrepreneurship
C) Secondary Ed, Biology
D) History
C) Secondary Ed, Biology
500
Which key skill involves deeply analyzing a problem before developing a solution?
- A) Communication
- B) Data analysis
- C) Critical thinking
- D) Decisiveness
- C) Critical thinking
500
In which situations would the innovative model of problem-solving be more effective?
- A) When efficiency is the top priority.
- B) When the problem requires creative, novel solutions.
- C) When using proven methods is sufficient.
- D) When stability is needed.
- B) When the problem requires creative, novel solutions.
500
Which step in the Lean Problem-Solving process comes after analyzing the problem?
- A) Clarify the problem.
- B) Set targets.
- C) Identify root causes.
- D) Implement the solution.
- B) Set targets.
500
Why is prototyping important in design thinking?
- A) To test ideas quickly and learn from failures.
- B) To analyze user feedback.
- C) To empathize with users.
- D) To finalize the design.
- A) To test ideas quickly and learn from failures.
500
What is the last step in the creative problem-solving process?
- A) Clarify
- B) Develop
- C) Ideate
- D) Evaluate
- D) Evaluate
500
Which one of these is True?
A. Mr. G had to go through driver an 8 hour driver retraining program because he received 3 traffic tickets.
B. Mr. G's used to eat sushi about once a week, until he went to Shumi in Fairfield where he was given an inedible meal that caused him to go the ER.
C. Mr. G dialed back going to Dunkin Donuts after realizing that he had spent over $8,000 on his morning runs.
D. Mr. G's favorite senior is Trevor.
A. Mr. G had to go through driver an 8 hour driver retraining program because he received 3 traffic tickets.
600
What is a significant difference between decision-making and entrepreneurial problem-solving?
- A) Decision-making always leads to innovation.
- B) Entrepreneurial problem-solving requires complete information.
- C) Decision-making doesn't involve risks.
- D) Entrepreneurial problem-solving focuses on identifying gaps and opportunities.
- D) Entrepreneurial problem-solving focuses on identifying gaps and opportunities.
600
Which model focuses on redefining problems and finding new solutions?
- A) Adaptive Model
- B) Innovative Model
- C) Traditional Model
- D) Critical Thinking Model
- B) Innovative Model
600
What does "Genchi Genbutsu" mean in the Lean Problem-Solving process?
- A) Go and see the problem firsthand.
- B) Measure progress at every step.
- C) Brainstorm creative solutions.
- D) Gather input from stakeholders.
- A) Go and see the problem firsthand.
600
How does the design thinking process help entrepreneurs solve problems?
- A) By eliminating risks in business.
- B) By focusing solely on profit-making.
- C) By following a rigid, predefined process.
- D) By using a human-centered approach to create innovative solutions.
- D) By using a human-centered approach to create innovative solutions.
600
What is the purpose of the "Develop" step in the creative problem-solving process?
- A) To finalize the solution.
- B) To brainstorm more ideas.
- C) To evaluate the feasibility of each idea, considering costs and trade-offs.
- D) To clarify the problem.
- C) To evaluate the feasibility of each idea, considering costs and trade-offs.
600
Which one of these is a lie?
A) When Mr. G went to Myrtle Beach, he bought a hermit crab only to find out it is single handedly, one of the most disgusting creatures on the planet and refused to touch or look at it.
B) Somewhere on YouTube, Mr. G has a channel where he posted gaming videos, but he can't remember the password to delete them.
C) Mr. G was in a commercial as a child for a pet store that went bankrupt, leaving his brief moment of stardom tied to a business that no longer exists.
D) Mr. G's worst subject in high school was Chemistry, where he had a teacher that would repeatedly blame any students failing on her imaginary ghost "Myrtle".
B) Somewhere on YouTube, Mr. G has a channel where he posted gaming videos, but he can't remember the password to delete them.