Practice Innovation and Improvement - 2.5.5 | 2. Entrepreneurship | ICSE Class 11 Business Studies
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2.5.5 - Innovation and Improvement

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is innovation?

💡 Hint: Think of recent advancements in technology.

Question 2

Easy

Why is continuous improvement important?

💡 Hint: Consider the benefits of frequent updates.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is innovation in entrepreneurship?

  • Creation of new products
  • Only cost-saving measures
  • Traditional methodologies

💡 Hint: Think about what differentiates products in the market.

Question 2

True or False: Continuous improvement means making changes only once.

  • True
  • False

💡 Hint: What does the term 'continuous' imply?

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Design a strategy using the PDCA cycle for a retail store to enhance customer satisfaction.

💡 Hint: Think about how each step affects ongoing operations.

Question 2

Analyze a case where failure led to a successful innovation. How did the company revert setbacks into growth?

💡 Hint: Consider how feedback can reshape product offerings.

Challenge and get performance evaluation