The Advantages And Disadvantages Of Innovation And ‘r & D’

8 Questions  I  By Jessicaorrey
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Innovation Quizzes & Trivia
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Questions and Answers

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  • 1. 
    Can you distinguish between an invention and an innovation?

  • 2. 
    Innovation could be described as a new invention, a discovery or a change in a process.
    • A. 

      True

    • B. 

      False


  • 3. 
    Which business in 1997 became innovative by introducing a new competitive advantage of being environmentally friendly?
    • A. 

      BP Oil

    • B. 

      Toyota

    • C. 

      McDonald's

    • D. 

      Muller


  • 4. 
    Which of these are technology innovations of 2010?
    • A. 

      Parrot AR Drone Flying Video Game

    • B. 

      150" plasma HDTV

    • C. 

      Digital photo frames

    • D. 

      Freeview HD recorder


  • 5. 
    Which of these are benefits to a business when buying new technology?
    • A. 

      Higher efficiency

    • B. 

      Low initial costs

    • C. 

      Increased output

    • D. 

      Less human error

    • E. 

      Higher maintenance and repair costs


  • 6. 
    New innovations can be destructive as well as beneficial to business
    • A. 

      True

    • B. 

      False


  • 7. 
    Guess what range of innovation projects were judged to have made little, if any, contribution to achieving the objectives of a business
    • A. 

      50-90%

    • B. 

      0-5%

    • C. 

      95-99%

    • D. 

      10-20%


  • 8. 
    The R & D department is nowadays of no importance in business because the amount of competition, production processes and methods are on the decline.
    • A. 

      True

    • B. 

      False


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