Reading Comprehension. Innovation.

Reading
Part 1: Multiple Choice

Choose one correct answer.

1. 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

Reading

Part 1: Multiple Choice

1. 2. Which industry is NOT mentioned as being transformed by AI?

• A) Healthcare

• B) Agriculture

• C) Finance

• D) Transportation

Reading

Part 1: Multiple Choice

3. 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

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

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

Reading
Part 2. Matching

Correlate the terms from the text with their definitions.

• R&D

• Technologies that mimic human intelligence, such as forecasting.

• Artificial intelligence

• Financial support for research and technological development.

• Disruptive technologies

• New technologies that change traditional business models.

Part 3: Fill in the Blanks

Fill in the gaps in the sentences with words from the text.

1. The rapid advancement of ____(1) has significantly changed industries like healthcare and finance.

2. Startups are often seen as _________ (2) hubs, introducing new and disruptive technologies.

3. Companies face high _________(3) costs as one of the main challenges of innovation.

4. Governments support innovation by funding _________(4) and providing incentives.

5. Innovation plays a crucial role in driving long-term economic _________(5).

​ ​ ​

• 1

• R&D

• 5

• AI

• 4

• growth

• 2

• research and development

• 3

• innovation