Innovation and Design Thinking in Digital Banking

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

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

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)

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