Innovation Key Terms Crossword Puzzle

QUESTIONS LIST:

• innovation: the creation of or use of new ideas and methods
• creativity: the use of imagination or original ideas to create something; inventiveness
• marketsegmentation: he process of dividing a broad market into subsets of consumers who have common needs
• adoptioncurve: model that describes the adoption or acceptance of a new product or innovation, according to the demographic and psychological characteristics of defined adopter groups.
• targetmarket: a group of individuals who have been identified as the most likely potential customers for a product due to their shared characteristics such as age, income, and lifestyle
• risk: business risk is any exposure a company has to consider that could cause reduced profits or failure.
• revenue: any money that a business makes from selling its goods and services
• profit: financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something
• operations: the designing of and controlling the production of goods and services, ensuring that businesses are efficient in using resources to meet customer requirements.
• marketing: the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers,clients, partners, and society
• mitigation: the strategy of planning and developing options to reduce threats to project objectives
• product: an article or substance that is manufactured or refined for sale
• service: a piece of work done for a client or customer that does not involve manufacturing goods