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screening ideas in management
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Why do companies use idea screening?
To avoid wasting time and money on weak ideas
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What is the focus of “financial feasibility”?
The project’s profitability and funding requirements
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Which of the following projects would most need a feasibility study?
Creating a new international airport
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What is the usual outcome of a feasibility study?
A decision to proceed, modify, or cancel the project
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Which of the following is NOT a type of feasibility analysis?
Emotional feasibility
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Which department is usually responsible for idea screening?
Research & Development and Marketing
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What is the result of the screening process?
A list of ideas to be developed further
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What does “operational feasibility” measure?
If the idea fits the organization’s structure, culture, and resources
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Which question belongs to a feasibility study?
Can we deliver this project on time and within budget?
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What is a feasibility study?
A detailed analysis to determine if a project is realistic and achievable
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Which factor is least important during idea screening?
The inventor’s favorite color
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Which of the following is a good screening question?
Can we produce it with our current resources?
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What does “technical feasibility” evaluate?
Whether the project can be built with current technology and resources
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Which company used idea screening to select projects like Gmail and AdSense?
Google
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What is the main purpose of a feasibility study?
To determine if an idea can be successfully developed and implemented
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What is the main goal of screening ideas?
To select the most promising and realistic ideas
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What does “feasibility” mean in the context of screening ideas?
Whether the idea can be technically or financially achieved
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Which of these ideas is most likely to pass screening?
A reusable coffee cup made of bamboo
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What happens to ideas that do not pass the screening process?
They are improved or rejected
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When is a feasibility study usually conducted?
Before starting a project or large investment
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At which stage does idea screening usually happen
After idea generation but before development
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Why is a feasibility study important?
It helps reduce risk and avoid costly mistakes
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What is one of the key criteria in idea screening?
Market potential
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What does “market feasibility” examine?
The demand, competition, and customer needs in the target market
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