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NEW QUESTION # 24
In the long run, what is more expensive than innovating?
Select one correct answer from the list:
Answer: C
Explanation:
Identical to Q85 (repeated in original), GInI'sCInP Handbookemphasizes that "not innovating" incurs greater long-term costs than innovating-lost opportunities, declining market position, and eventual irrelevance outweigh innovation's upfront investment. Firms that stagnate face existential risks, as GInI illustrates with examples like Blockbuster versus Netflix. "Not controlling costs" (A) risks profitability but isn't strategic.
"Large dividends" (B) is tactical, not existential. "Too many brands" (D) is a misstep, not a fatal flaw. Option C aligns with GInI's stance, matching the original answer, reinforcing innovation as a necessity, not an option-a GInI principle validated by competitive dynamics.
NEW QUESTION # 25
In the fourth step in the GInI Breakthrough Innovation Method-Synthesis & Capture-teams conceptually define and document the details around any number of new solution concepts, including any feature mixes they require.
Select one correct answer from the list:
Answer: A
Explanation:
The fourth step of the GInI Breakthrough Innovation Method, "Synthesis & Capture," is about consolidating insights from prior steps into tangible outputs. TheCInP Handbookspecifies that teams "conceptually define and document" "new solution concepts," detailing their features and requirements (e.g., functionality, design elements). This step focuses on the "what" of the solution-specific ideas that address the defined context- before broader considerations like value propositions or business models are fully fleshed out. Option A,
"value propositions," emerges later, tying solutions to market needs. Option B, "value models," involves delivery mechanisms, beyond this step's scope. Option C, "business models," includes strategic and regulatory aspects, typically Mid Zone concerns. Option D aligns with GInI's focus on solution concepts as the immediate output, matching the question's wording and the original answer. This reflects GInI's Front End emphasis on ideation-to-concept transition, ensuring ideas are concrete before validation, a process rooted in iterative design principles.
NEW QUESTION # 26
Stage 1 of the GInI Innovation Management System is called The Innovation Funnel.
Select one correct answer from the list:
Answer: C
Explanation:
GInI'sCInP Handbookdetails the Innovation Management System (InMS) with five stages, starting with "The Innovation Funnel" (Stage 1). This stage captures a wide array of ideas from diverse sources (e.g., employees, external partners), funneling them toward evaluation-a metaphor for broad input narrowing to actionable outputs. "The Innovation Pipeline" (A) implies a linear flow, not GInI's broad-to-narrow model. "The Innovation Framework" (C) is structural, not a stage. "The Innovation Dragnet" (D) is a distractor, not a GInI term. Option B matches GInI's nomenclature, aligning with the original answer, reflecting a deliberate, inclusive entry point in GInI's system-designed to maximize idea generation and set the stage for innovation governance.
NEW QUESTION # 27
The fifth step for projects in the Front End is for teams to work toward defining an optimal solution to the problem at hand, using different Innovation Methods. Their job is to consider and test many different solution concepts, and ultimately select the concept with the highest probability of being the optimal and ideal solution for the situation.
Select one correct answer from the list:
Answer: D
Explanation:
GInI'sCInP Handbookdetails the Front End's fifth step as synthesizing and selecting an "optimal solution" using Innovation Methods (e.g., prototyping, testing). Teams evaluate multiple concepts to choose the one with the "highest probability of being the optimal and ideal solution"-balancing customer fit, feasibility, and value, not just popularity (A), profit (B), or risk (D). This reflects GInI's focus on holistic optimality in the Front End, before Mid Zone financials dominate. Option C matches GInI's wording, aligning with the original answer, embodying a rigorous, solution-centric approach-a GInI strategy for maximizing impact over narrow metrics.
NEW QUESTION # 28
In Stage 5 of the GInI InMS, the purpose of a Pilot is to provide a final grand opportunity for commercial validation of the concept, allowing the business to develop greater confidence that its hypothesis and solution were both valid, and thus the offering will be capable of scaling to its full expected potential.
Select one correct answer from the list:
Answer: B
Explanation:
GInI'sCInP Handbookdefines InMS Stage 5's Pilot as a Back End test to validate commercial viability- confirming the "hypothesis" (problem/need) and "solution" (offering) hold in a real-world context. Success builds confidence for "scaling to full expected potential," ensuring the innovation delivers as planned.
"Problem/solution statement" (A) is close but less precise than GInI's "hypothesis/solution." "Postulates
/concepts" (B) and "media buzz" are vague and off-focus. "Theories/ideas" (C) and "liked by customers" lack scaling emphasis. Option D matches GInI's exact phrasing, aligning with the original answer, reflecting a rigorous, scalability-focused validation-a GInI capstone for execution readiness.
NEW QUESTION # 29
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