Reading Comprehension. Innovation.

Quiz
•
English
•
University
•
Easy

Planet English
Used 3+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Reading
Part 1: Multiple Choice
Choose one correct answer.
1. What is one way innovation creates value for businesses?
A) By reducing production entirely
B) By helping businesses adapt to changing markets
C) By increasing employee turnover
D) By eliminating customer demands
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Reading
Part 1: Multiple Choice
2. Which industry is NOT mentioned as being transformed by AI?
A) Healthcare
B) Agriculture
C) Finance
D) Transportation
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Reading
Part 1: Multiple Choice
3. How do governments support innovation?
A) By discouraging startup growth
B) By allocating resources to R&D and offering incentives
C) By imposing strict regulations on new technologies
D) By limiting access to funding
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Reading
Part 1: Multiple Choice
4. What is one challenge associated with innovation?
A) Lack of interest in AI
B) High costs of R&D
C) Overabundance of market certainty
D) Lack of interest from governments
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Reading
Part 1: Multiple Choice
5. What is a long-term benefit of innovation?
A) Slower economic growth
B) Improved quality of life
C) Increased market restrictions
D) Reduction in global trade
6.
MATCH QUESTION
3 mins • 3 pts
Reading
Part 2. Matching
Correlate the terms from the text with their definitions.
Disruptive technologies
Financial support for research and technological development.
Artificial intelligence
Technologies that mimic human intelligence, such as forecasting.
R&D
New technologies that change traditional business models.
7.
MATCH QUESTION
3 mins • 5 pts
Part 3: Fill in the Blanks
Fill in the gaps in the sentences with words from the text.
The rapid advancement of ____(1) has significantly changed industries like healthcare and finance.
Startups are often seen as _________ (2) hubs, introducing new and disruptive technologies.
Companies face high _________(3) costs as one of the main challenges of innovation.
Governments support innovation by funding _________(4) and providing incentives.
Innovation plays a crucial role in driving long-term economic _________(5).
2
AI
1
research and development
3
5
R&D
4
growth
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