MPU 1132 QUIZ 1

Innovation refers only to technological advancements.

• TRUE

• FALSE

For a business, innovation can mean improving services or creating dynamic products.

• TRUE

• FALSE

Innovation helps organizations adapt to changing market conditions.

• TRUE

• FALSE

Collaboration in innovation is just about working together without any complex thinking.

• TRUE

• FALSE

Ideation is a process of generating new ideas and concepts that can lead to economic development.

• TRUE

• FALSE

Implementation in innovation refers to putting new ideas into action.

• TRUE

• FALSE

Value creation is not necessary for innovation to be successful.

• TRUE

• FALSE

Strategic "doing" in innovation focuses only on short-term results.

• TRUE

• FALSE

Tech innovation includes developments like electricity and the Internet.

• TRUE

• FALSE

Cultural innovation refers to innovations like civil rights movements and entrepreneurship.

• TRUE

• FALSE