Technological Innovation Quiz 2

Why is technological innovation crucial today?

• It drives economic growth, solves challenges, enhances quality of life, and keeps societies competitive.

• It reduces the need for education.

• It increases manual labor.

• It slows down technological progress.

What does technological innovation involve the application of?

• Knowledge, creativity, and resources.

• Manual labor and traditional methods.

• Old technologies and outdated processes.

• Reducing the use of technology.

Which of the following is NOT listed as a factor driving technological innovation?

• Market Demand & Consumer Needs

• Scientific Discoveries and Research

• Historical Events

• Globalization and Collaboration

What drives technological innovation according to market demand?

• Consumer Needs

• Government Policies

• Natural Resources

• Historical Events

What is the role of economic incentives in technological innovation?

• They drive technological innovation.

• True

• False

What type of social networks did Facebook change from and to?

• From entertainment to personal

• From personal to informative

• From informative to entertainment

• From entertainment to informative

Which of the following is NOT mentioned as an innovation emerging from scientific discoveries?

• Artificial Intelligence (AI)

• Medical Imaging

• Antibiotics

• Renewable Energy

What is the significance of the discovery related to atomic nuclei movements?

• It led to the development of antibiotics

• It led to the development of MRI

• It led to the development of AI

• It led to the development of the internet

Which company is given as an example of disruptive innovation?

• Verizon

• AT&T

• T-Mobile

• Sprint

What can excessive rivalry stifle according to the text?

• Market growth

• Creativity

• Sales

• Customer satisfaction