“Many times creative products and services are born as results of pr

1.	“Many times creative products and services are born as results of problem solving”. Give examples.
Answer» (i) Problem was over tightening of screwdriver and the solution came in the form of a self-adjusting screwdriver which prevented over tightening. (ii)Problem was when doctors found monitoring of dosage of medicine to be administered to patients on a regular basis through traditional methods using a syringe cumbersome and a solution was a pharmaceutical firm developed a new process of implanting the required medicine in the patient for constant discharge of regulated and required dosage in to the blood stream.

“Many times creative products and services are born as results of problem solving”. Give examples.

Answer»

(i) Problem was over tightening of screwdriver and the solution came in the form of a self-adjusting screwdriver which prevented over tightening.

(ii)Problem was when doctors found monitoring of dosage of medicine to be administered to patients on a regular basis through traditional methods using a syringe cumbersome and a solution was a pharmaceutical firm developed a new process of implanting the required medicine in the patient for constant discharge of regulated and required dosage in to the blood stream.

Discussion

No Comment Found

Related InterviewSolutions

For a viable venture to be born, a entrepreneur is required to apply his knowledge strategically to market’. Identify the requirement to be complied with by these factors for successful processing of an idea into opportunity.
Who are called Professional trend-spotters?
Once the solution is identified by an entrepreneur how it helps him?
How trend spotting will helps an entrepreneur?
Why an entrepreneur should be able to creatively identify an idea?
Enlist the various sources which lead to the emergence of basic ideas.
State some sources of information which helps an entrepreneur to get information that results in evolution of basic ideas.
Explain any three sources which lead to the emergence of basic ideas.
How an entrepreneur is different from others?
What is a business opportunity?