1. Which of the following categories of uncertainty has the lowest risk? O Uncertainties Unknown risks Systematic risks Known facts 2. Which of the following is not a condition that has to hold in order to create value in innovation? The need has to be real The solution has to meet the need The cost to deliver the solution must decline overtime The customer has to be willing to pay more for the solution than the cost to deliver it 3. The "pull" approach to innovation starts with the the "push" approach to innovation starts with the O Product, customer O Solution; need Need; solution O customer; product 4. Which of the following is a common risk associated with the "push" approach to innovation? O The solution does not meet the need This approach does not identify the need It fails to consider all possible solutions to the identified need The cost to deliver the solution is not optimized 5. Which of the following is an effective incentive for customers to participate in crowdsourcing? All answers are true Incentive to encourage a company to address their needs Monetary incentives Incentive to develop skills 6. What is a best practice to effectively extract customer ideas through crowdsourcing? Provide value to participants who do not win Encourage a sense of community All answers are true Provide an effective incentive structure