Asked by Shaniqua Esdaille on Jun 09, 2024
Verified
Why is design thinking important as an entrepreneurial skill?
A) It reduces the cost of engineering and production.
B) Today's businesses are faced with complex challenges with no easy answers.
C) Today's customers are less engaged with products.
D) It is difficult to get quality products at a reduced price.
Entrepreneurial Skill
Refers to the abilities and competencies needed to create, develop, and manage a new venture successfully.
Complex Challenges
Problems or situations that are complicated by multiple factors and variables, making them difficult to understand and resolve.
Quality Products
Goods or services that meet or exceed customer expectations in terms of durability, reliability, and performance.
- Identify the significance of design thinking as a vital entrepreneurial ability for tackling intricate problems.
Verified Answer
SC
Sathita CheeranontJun 11, 2024
Final Answer :
B
Explanation :
Design thinking allows entrepreneurs to approach complex problems from a user-centric perspective, resulting in more innovative and effective solutions. With the current business landscape constantly evolving, being able to adapt and creatively solve problems is crucial for success.
Learning Objectives
- Identify the significance of design thinking as a vital entrepreneurial ability for tackling intricate problems.