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WorksheetsInnovation Basics
Total questions: 15
Worksheet time: 9mins
What Companies are known to have workplaces which encourage innovation?
McDonalds
Farmers
The following are examples of successful innovation EXCEPT:
Cellular phones used as a way of communication.
Karaoke appliance used by people for entertainment.
The use of computers by architects in designing buildings.
The use of mechanical typewriters by authors in writing novels.
A key to innovate is to take time to investigate how things are working, even when there are no current problems.
TRUE
FALSE
What is the key difference between emerging technologies and disruptive technologies?
Emerging technologies are more advanced than disruptive technologies.
Emerging technologies introduce entirely new markets, while disruptive technologies transform existing markets.
Emerging technologies are always less expensive than disruptive technologies.
Emerging technologies are always embraced by early adopters, while disruptive technologies target mainstream users.
When it comes to disruptive technologies, what is a common feature?
Disruptive technologies are often created by large, established companies.
They tend to maintain the status quo in established markets.
They introduce innovations that challenge existing market leaders.
Disruptive technologies primarily target early adopters.
In the context of emerging and disruptive technologies, what is a key difference?
Emerging technologies are always less risky for businesses.
Disruptive technologies are more established in the market.
Emerging technologies aim to improve existing products, while disruptive technologies aim to replace them.
Emerging technologies primarily target niche markets.
In the context of disruptive innovation, what role do disruptive companies play in the market?
They aim to maintain the existing market structure and hierarchy.
They create entirely new markets and challenge established norms.
They rely on imitation and copying of successful business models.
They primarily target early adopters and ignore mainstream consumers.
What is a common characteristic of the Gen Z generation in the context of technology adoption?
They are known for being the first digital natives.
They tend to resist using technology in their daily lives.
They are primarily interested in traditional media.
They rarely engage in social networking.
What is the primary purpose of blockchain technology?
Decentralized data storage and management
Enhancing computer processing speed
Secure email communication
Predictive analytics
What does SaaS stand for in the context of cloud computing?
Software as a Service
Storage as a Service
Security as a Service
System as a Service
Which voice-based virtual assistant is developed by Amazon?
Siri
Google Assistant
Cortana
Alexa
How does 3D printing disrupt traditional manufacturing methods?
By increasing production costs and lead times.
By relying on mass production techniques.
By enabling customized, on-demand production with reduced waste.
By eliminating the need for skilled labor.
How does Big Data Analytics disrupt traditional decision-making processes?
By relying on gut feelings and intuition.
By providing data-driven insights for better decision-making.
By avoiding data collection altogether.
By limiting data analysis to a few variables.
Innovation, decentralization, and knowledge management.
Sensing
Seizing
Transforming
A (a) innovation is the implementation of a new marketing method involving significant changes in product design or packaging, product
placement, product promotion or pricing.
