Froggy Jumps Innovation Process QuizOnline version Test your knowledge on the innovation process with these 10 questions! by sarah ayyad 1 What is the first stage of the innovation process? a Idea Generation b Product Launch c Market Research 2 Which of the following is not a characteristic of the innovation process? a Stagnation b Creativity c Risk-taking 3 What is the purpose of the innovation process? a To maintain the status quo b To create value and drive growth c To reduce costs 4 What role does experimentation play in the innovation process? a Market analysis b Testing and validating ideas c Documenting processes 5 Which stage involves developing a prototype? a Idea Development b Idea Screening c Commercialization 6 What is a common challenge in the innovation process? a Lack of resources b Resistance to change c Fast decision-making 7 What is an example of an external source of innovation? a Partnerships with other companies b Internal brainstorming sessions c Employee training programs 8 Which stage involves refining and improving the innovation? a Development and Testing b Idea Generation c Market Analysis 9 What is the final stage of the innovation process? a Idea Development b Commercialization c Idea Screening 10 What is a key benefit of a structured innovation process? a Reduced creativity b Increased efficiency and effectiveness c Higher costs
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