Entrepreneurship - Innovation

Entrepreneurship - Innovation

12th Grade

20 Qs

quiz-placeholder

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Entrepreneurship - Innovation

Entrepreneurship - Innovation

Assessment

Quiz

Business

12th Grade

Hard

Created by

Karen Smith

Used 62+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Creativity provides an avenue for the development of problem that prevents the enterprises moving ahead of competition.

True

False

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Innovation is described as the implementation of ideas into action.

True

False

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Improved versions of existing products best represents which type of inovation?

Process

Product

Paradigm

Position

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A series of small improvements to an existing product that usually helps maintain or improve its competitive position over time best refers to

Core innovation

Modular innovation

Incremental innovation

Architectural Innovation

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

All of the following of sources on innovation EXCEPT

new market

change in technology

existing market

unexpected success and failure

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An innovation that creates a new market and value network and eventually displaced established market leaders and alliances best refers to.

open innovation

disruptive innovation

incremental innovation

creativity

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A company lets customers and partners participate in the creation of new product and services. This is a perfect example of

innovation

disruptive innovation

incremental innovation

open innovation

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