Demo quiz

What is digital innovation?

• The use of traditional methods in business
• The use of digital technology to create new or improved processes
• The reduction of digital technology in business
• The elimination of all manual processes

Which of the following is a key benefit of digital innovation?

• Increased manual labour
• Higher operational costs
• Improved efficiency and productivity
• Reduced customer satisfaction

What does the term 'disruptive innovation' mean?

• Innovation that stabilises the market
• Incremental improvements to existing products
• Innovations that create new markets and value networks
• Innovations that are easily ignored by competitors

How can an organisation measure the impact of digital innovation?

• By monitoring employee attendance
• By tracking key performance indicators (KPIs)
• By reducing marketing efforts
• By increasing the number of meetings

Which of the following is an example of embedding digital innovation?

• Keeping existing processes unchanged
• Hiring more manual workers
• Integrating new technology into business operations
• Avoiding investment in new technology

What role does leadership play in digital innovation?

• Ignoring new technologies
• Leading cultural change towards digital adoption
• Reducing investment in innovation
• Maintaining the status quo

Which metric is NOT commonly used to measure digital innovation?

• Net Promoter Score (NPS)
• Customer Acquisition Cost (CAC)
• Number of digital devices owned by employees
• Return on Investment (ROI)

What is a common barrier to digital innovation in organisations?

• A culture resistant to change
• Abundant financial resources
• High employee morale
• Strong leadership support

How can organisations foster a culture of innovation?

• By discouraging experimentation
• By promoting hierarchical decision-making
• By encouraging collaboration and idea sharing
• By avoiding new technology

What is a digital transformation strategy?

• A plan to maintain traditional business methods
• A strategy to integrate digital technology into all areas of business
• A method to reduce the use of digital tools
• A way to avoid change in the organisation