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Quiz 2

Authored by NOR HASHIM

Business

Professional Development

Used 2+ times

Quiz 2
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

1. What is the innovation process?

A) The method by which organizations introduce new ideas, products, or services

B) The way companies reduce product prices

C) The study of market trends

D) The process of copying competitor innovations

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

2. Why is the innovation process important for companies?

A) It increases operational costs

B) It helps companies stay competitive and respond to market demands

C) It guarantees immediate success

D) It eliminates the need for customer feedback

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

3. Which of the following is a common challenge in the innovation process?

Lack of clear goals

Too much collaboration

Unlimited resources

Absence of competition

Too many gossips

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

4. One major challenge in the innovation process is:

Having too many employees

Resistance to change within the organization

Overfunding of innovation projects

Lack of existing products

Have social media influencer

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

5. Which of the following is NOT one of the four main steps in the innovation process?

Idea generation

Commercialization

Price adjustment

Development

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is NOT part of the four steps of the innovation process

Sponsorship

Idea Generation

Testing

Implement

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is design thinking?

A process of refining existing ideas

A human-centered approach to innovation focusing on understanding user needs

A method to improve manufacturing efficiency

A method to improve manufacturing efficiency

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