Innovation Types Quiz

Innovation Types Quiz

University

•

95 Qs

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Innovation Types Quiz

Innovation Types Quiz

Assessment

Quiz

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Business

•

University

•

Practice Problem

•

Hard

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95 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of innovation focuses on how a company makes money?

Structure

Process

Profit Model

Channel

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of innovation enhances internal processes to deliver offerings efficiently?

Service

Process

Brand

Network

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of innovation focuses on the customer-facing elements of the business?

Configuration

Offering

Experience

Structure

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key goal of Product Performance innovation?

Maximizing customer engagement

Enhancing product features and quality

Delivering through unique channels

Building partnerships

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which innovation type emphasizes a network of partnerships to create value?

Brand

Network

Service

Profit Model

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Channel innovation defined?

It focuses on the design of complementary products.

It involves improving delivery methods to customers.

It ensures efficient internal operations.

It engages customers emotionally.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What distinguishes Brand innovation from other types?

It integrates customer-facing elements.

It enhances customer trust and loyalty.

It streamlines internal processes.

It focuses on generating revenue.

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