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Innovation

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Innovation is all about creating new and big ideas.

a)

TRUE

b)

FALSE

2.

Small automations are part of innovation.

a)

TRUE

b)

FALSE

3.

Innovation is the same as invention.

a)

TRUE

b)

FALSE

4.

Innovation is a solo activity.

a)

TRUE

b)

FALSE

5.

Having an innovative mindset is seeing problems, complaints, and bottlenecks as opportunities.

a)

TRUE

b)

FALSE

6.

A key to innovate is to take time to investigate how things are working, even when there are no current problems.

a)

TRUE

b)

FALSE

7.

When trying to innovate, it is useful to explore solutions that have worked in the past

a)

TRUE

b)

FALSE

8.

Innovation happens overnight, it doesn't require daily work.

a)

TRUE

b)

FALSE

9.

What is Innovation?

a)

Short term goals in the business

b)

How many times a business has changed their product.

c)

A "new idea, creative thoughts, new imaginations in form of device or method".

d)

the exclusive and assignable legal right, given to the originator for a fixed number of years, to print, publish, perform, film, or record literary, artistic, or musical material.

10.

What is Enterpreneurship?

a)

The ability and readiness to develop, organize and run a business to generate profits.​

b)

Make cool, interactive T-shirt for young people

c)

Creation of new scientific knowledge based on previously known facts and deductive reasoning.​​

d)

Creation of  product, process that has significant novelty and utility to their predecessors.​

11.

Who is the Sri Lankan scientist known for her work that identified the properties of the Universe, by mapping the early Universe accurately converting it to a precise science?

a)

Prof. Hemamala Karunadasa​

b)

Saman Dias​

c)

Prof. Hiranya Pieris​

d)

Prof. Neelika Maalavige​

12.

What is a disruptive innovation?

a)

Occurs when the method of delivering valued functions to the customer is fundamentally changed such that customer never wants to go back to the old way.

b)

The ability to exist and develop without depleting natural resources for the future.

c)

Occurs when improvements are made to functions historically valued by customers in existing products (e.g. new color, new size, added benefit, etc.)

d)

An innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network, often displacing an earlier technology.

13.

What is a Transformative innovation?

a)

Occurs when the method of delivering valued functions to the customer is fundamentally changed such that customer never wants to go back to the old way.

b)

Occurs when improvements are made to functions historically valued by customers in existing products (e.g. new color, new size, added benefit, etc.)

c)

Occurs when improvements are made to functions historically valued by customers in existing products (e.g. new color, new size, added benefit, etc.)

d)

The ability to exist and develop without depleting natural resources for the future.

14.

The SpaceEx: First private industry reusable rocket is an example of an --------- innovation?

a)

Transformative

b)

Sustainable

c)

Sustaining​

d)

Disruptive

15.

Netflix, the first online movie streaming service is an example of an --------- innovation?

a)

Transformative

b)

Disruptive

c)

Sustaining

d)

Online