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CInP Practice Questions

Certified Innovation Professional (CInP)

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Total Questions : 195

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Our free GInI Professional Certification Program practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about CInP. Use this test to pinpoint which areas you need to focus your study on.

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Question # 51

" Several very large businesses have in recent years turned to running campaigns on crowdfunding sites. One of the more important reasons these businesses use such platforms is that it affords them the opportunity to ______ their concepts, under the assumption that concepts that see good traction on these platforms will see good traction in the general market, and conversely concepts that see poor traction on these platforms will see low demand in the general market and should thus be abandoned. "

Select one correct answer from the list:

Options:

A.  

run price elasticity studies on

B.  

run technical validation testing on

C.  

market test

D.  

generate media buzz about

Discussion 0
Question # 52

In Trendcasting, trends can only be extrapolated so far, otherwise their projections are subject to gross error.

Select one correct answer from the list:

Options:

A.  

Their projections are subject to gross error

B.  

A competitor might beat us to market with a particular innovation

C.  

We begin to scare people in the business with wild utopian and dystopian scenarios

D.  

Our business might experience more success and growth than it can handle

Discussion 0
Question # 53

In a given Innovation Project, the motivations that each stakeholder brings to the effort are known colloquially as what?

Select one correct answer from the list:

Options:

A.  

Their WDALYI

C.  

B.  

Their WILCO.

C.  

Their WIIFM.

D.  

Their WAE

F.  

Discussion 0
Question # 54

If an Innovation Team has been given an open charter, then one of the very first major tasks the Project Leader is to lead the team in is what?

Options:

A.  

Needfinding research — to find a good problem opportunity for the team to work on.

B.  

Scientific research — to develop a new method or technology the business can use.

C.  

A search for inefficiencies in the business to address.

D.  

Technology research — to find an exciting new technology to use.

Discussion 0
Question # 55

Stage 4 of the GInI Innovation Management System is called _____ and defines the business’ _____.

Options:

A.  

Selection / Innovation Funnel

B.  

Initiation / Innovation Pipeline

C.  

Capture / Innovation Dragnet

D.  

Structure / Innovation Framework

Discussion 0
Question # 56

In order to manage the different stakeholders to a given Innovation Project, the Project Leader must figure out what each stakeholder’s motivations are, and how to thereby leverage those to achieve, overall, what needs to be accomplished.

Select one correct answer from the list:

Options:

A.  

Thoughts

B.  

Motivations

C.  

Favorite things

D.  

Breaking points

Discussion 0
Question # 57

Developing a concept further following its selection by an Evaluation Group often involves the creation of a preliminary business plan/business case for the concept.

Select one correct answer from the list:

Options:

A.  

New hypotheses behind its problem

B.  

A detailed design of the concept

C.  

A preliminary business plan/business case for the concept

D.  

A fully-detailed financial forecast for the concept, showing its return on investment with 95% confidence limits

Discussion 0
Question # 58

Package Innovation is the use of a new package design to do what?

Options:

A.  

Create perceived new value and appeal to certain consumer preferences.

B.  

Create real new value and drive consumer tastes.

C.  

Create the perception of a totally new product.

D.  

Create no net new value but appeal to certain consumer vanity.

Discussion 0
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