Innovation in Business: MCQs
1. What is the role of co-creation in the innovation process?a) Co-creation involves only customers in the innovation process.b) Co-creation is the sole responsibility of … Read more
1. What is the role of co-creation in the innovation process?a) Co-creation involves only customers in the innovation process.b) Co-creation is the sole responsibility of … Read more
1. What is the essence of the Stage Gate method in innovation management? a) It is a continuous improvement frameworkb) It is a linear process … Read more
1. Which of the following is NOT a source of innovation? a) Pushb) Pullc) Paralleld) Analogies Answer: c) Parallel Explanation: Push and pull are common … Read more
1. Which of the following best defines innovation? a) Replicating existing ideasb) Creating new products or processesc) Following established normsd) Maintaining traditional methods Answer: b) … Read more