2.5.5 - Innovation and Improvement
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is innovation?
💡 Hint: Think of recent advancements in technology.
Why is continuous improvement important?
💡 Hint: Consider the benefits of frequent updates.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is innovation in entrepreneurship?
💡 Hint: Think about what differentiates products in the market.
True or False: Continuous improvement means making changes only once.
💡 Hint: What does the term 'continuous' imply?
2 more questions available
Challenge Problems
Push your limits with advanced challenges
Design a strategy using the PDCA cycle for a retail store to enhance customer satisfaction.
💡 Hint: Think about how each step affects ongoing operations.
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.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.