SMDC Innovation Fair 2024

Why is it important for companies to innovate?

• To maintain their current status quo

• To avoid customer feedback

• To ignore industry trends

• To stay competitive and meet changing customer needs

What is the meaning of the acronym AI?

• Artificial Intelligence

• Artificial

  Innocence

• Automated Intelligence

• Applied Innovation

What is the primary goal of innovation in a business context?

• To increase the company's profit margins

• To reduce the number of employees

• To create new products or improve existing ones

• To follow industry trends

How can AI contribute to innovation in a business?

• By replacing all human workers

• By providing data-driven insights and automating tasks

• By reducing the need for technology

• By ignoring market trends

What does BI stand for in the context of data analysis?

• Business Intelligence

• Business Integration

• Business Interaction

• Basic Information

What does "innovative thinking" often involve?

• Following existing solutions exactly

• Looking for new and better ways to solve problems

• Avoiding new technologies

• Maintaining a fixed approach

How does Business Intelligence (BI) help businesses?

• By making all business decisions automatically

• By managing employee schedules

• By analyzing data to provide actionable insights and support decision-making

• By replacing all business processes with AI

Which of the following is NOT typically considered an innovation?

• A new software application

• A redesigned product packaging

• A traditional paper form

• A new marketing strategy

Which Good Guy characteristic does innovation align with?

• Competent

• Caring

• Conscientious

• Credible

What is the name of the host?

• Yna Marisse Sodoy

• Joanna Marie Que

• Sarrah Mangune

• Barry Trinidad