Question $6(1$ point$)$Question $7(1$ point$)$

An innovation is different than an invention because unlike an invention, an

innovation

a$)$ costs very little to make

b$)$ demonstrates originality

c$)$ creates social value

d$)$ creates market demand

Which pathway is one of the most complex, but can be the most value$-$creating

approach that can lead to the creation of solutions for customers' latent needs?

a$)$ find

b$)$ search

c$)$ design

d$)$ effectuateQuestion $4(1$ point$)$

Which term refers to an entrepreneur's ability to notice, understand, and act in a

particular situation to spot opportunities?

a$)$ bisociation

b$)$ alertness

c$)$ prior knowledge

d$)$ pattern recognition