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WGU D081 VERSION 5/QBM3 TASK
1 UPDATED WITH COMPLETE
SOLUTION
Question : Breakthrough
Correct answer: The development of an entirely new
product or process.
Question : Business Analysis
Correct answer: Use of data about the internal and
external business environment to identify business needs and objectives.
Question : Creativity
Correct answer: Generation of novel or unique ideas.
Question : Innovation
Correct answer: The process of trying to get value out of
these ideas.
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Question : Incremental Innovations
Correct answer: Gradual improvements to products or
processes.
Question : Transformational
Correct answer: Organizational adaptation and
development of new processes and business models.
Question : Critical Thinking
Correct answer: Disciplined process of rational,
evidenced-based, and open-minded thinking that involves analysis and evaluation of inputs to reach an answer.
Question : Customer Value
Correct answer: The benefit (vs. cost) a customer receives
from a product or service offering
Question : Data Analysis
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Correct answer: Process of evaluating and interpreting
data using analytical and statistical tools to uncover business insights
Question : Decision Making Process
Correct answer: A seven-step process to make strategic
decisions informed by data.
Question : Defined Benefit Plan
Correct answer: Stage of Design Thinking process that
builds on observations of users to identify and refine a problem statement
Question : Departmentalization
Correct answer: Grouping of processes, activities, and
resources into functional units.
Question : Descriptive Analytics
Correct answer: Process by which historical data is
analyzed and interpreted to provide business insights.
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Question : Design Thinking
Correct answer: A human-centered process for innovation
consisting of six iterative stages-empathize, define, ideate, prototype, test, and implement.
Question : Differentiation Strategy
Correct answer: Business-level strategy of establishing
competitive advantage through adding value to a product or service to accompany a higher price point.
Question : Empathize
Correct answer: Stage of Design Thinking process that
seeks to understand and develop empathy for the user experience
Question : Empathy
Correct answer: The ability to understand or be attuned to
the feelings, thoughts, or experiences of another human being