Topic 5.2

What is the term for the business of putting an invention in the marketplace?

• Development

• Creation

• Invention

• Innovation

Which of the following is NOT a reason why few inventions become successful innovations?

• Marketability

• Financial support

• Consumer interest

• Resistance to change

What type of innovation involves a new or improved product that meets consumer needs?

• Disruptive innovation

• Sustaining innovation

• Architectural innovation

• Modular innovation

Which of the following is an example of disruptive innovation?

• Sony Walkman

• iPod

• Electric cars

• iPhone

What is the term for the process where a market accepts a new idea or product?

• Adoption

• Diffusion

• Suppression

• Innovation

Which of the following is an example of process innovation?

• Assembly line production

• New smartphone features

• Electric vehicles

• Social media platforms

What is a key factor that can slow the adoption of a new product in the market?

• Consumer interest

• Effective marketing

• Suppression

• High demand

Which innovation strategy involves changing the configuration of existing components?

• Modular innovation

• Configurational innovation

• Architectural innovation

• Sustaining innovation

What is a common barrier to innovation due to people's comfort with the familiar?

• Financial support

• Resistance to change

• Marketability

• Consumer demand

Which of the following is an example of modular innovation?

• Electric cars

• Smartphone applications

• New type of petrol filter

• Assembly line production