Innovation in Organizations Quiz

What does innovation provide to organizations?

• A) A slower adaptation to market changes

• B) A competitive edge by offering unique products

• C) Decreased revenue generation

• D) Limited market expansion

Which company is mentioned as an example of growth through innovation?

• A) Apple

• B) Netflix

• C) Amazon

• D) Google

How does innovation benefit adaptability in organizations?

• A) By reducing the need for new technology

• B) By limiting customer choices

• C) By enabling swift adaptation to changing circumstances

• D) By maintaining traditional business models

What transformation did Amazon Web Services (AWS) bring to Amazon?

• A) Turned it into a global tech giant from an online bookstore

• B) Made it a local retail store

• C) Reduced its market presence

• D) Focused it solely on book sales

What is the purpose of an innovation-friendly organizational culture ?

• To reduce costs

• To increase marketing

• To foster creativity and drive groundbreaking advancements

• To expand company size

According to the lecture slide, what does Google's "20% time" policy encourage?

• Cost reduction

• Employee rest

• Creative thinking and new ideas

• Strict management

What advantage does an innovative culture provide to a company ?

• Decreased competition

• Increased bureaucracy

• Significant competitive edge

• Reduced employee turnover

Which company is mentioned as having a culture that attracts top talent for groundbreaking projects?

• Google

• Apple

• SpaceX

• Microsoft

What is a real-life example of a company that secures its leadership in technology through innovation?

• Google

• SpaceX

• Apple

• Amazon

Which Company allows "20% Time" to its employees?

• Amazon

• Tesla

• Google

• Netflix