Innovation and Design Thinking in Digital Banking
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Questions and Answers

Which of the following best describes the objective of the course?

  • To provide an overview of innovation and its importance in business (correct)
  • To highlight the importance of disruptive innovation in the market
  • To familiarize students with eLearning tools
  • To encourage students to keep an open mind throughout the course

    • What is the difference between innovation and invention?

  • Innovation is about creating new products, while invention is about improving existing products
  • Innovation is about improving existing products, while invention is about creating new products (correct)
  • There is no difference between innovation and invention
  • Innovation and invention both refer to the same thing

    • What does the concept of disruptive innovation refer to?

  • Innovation that focuses on incremental improvements
  • Innovation that is driven by customer demand
  • Innovation that is considered risky and uncertain
  • Innovation that completely transforms an industry or market (correct)

    • What should students do at the end of each module?

    <p>Attempt all the class exercises</p> Signup and view all the answers

    According to Christensen, what is important in innovation?

    <p>How you think</p> Signup and view all the answers

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