2025 – S1 – MNE3703 – ASSESSMENT 1 – Q&A
Quiz
Assessment 1
Started on Wednesday, 26 February 2025,
State Finished
Completed on Wednesday, 26 February 2025,
Time taken
Grade 25.00 out of 25.00 (100%)
Question 1
There are various concepts and processes related to the innovation .
Question
Match the term to the correct description or process of the innovation.
Feedback
Your answer is correct.
You have correctly selected 5.
The correct answer is:
Three triggers of innovation involves → Idea generation, Scientific discovery and
Technological breakthrough,
Idea Generation involves three scenarios in which the process may be described
as, → Problem related, associative and serendipitous,
Types of business models include → Technology input, business models, economic
output,
Characteristics of innovation are: → Relative advantage, compatibility, complexity,
trialability, observability,
Three business models that enable firms to convert technology into economic value
are: → Incorporating the technology into the current business, licensing the
technology to a third party, and launching a new venture to exploit the technology
1
, 2025 – S1 – MNE3703 – ASSESSMENT 1 – Q&A
Question 2The following Question is based on this case study
Case Study: DeepSeek AI
DeepSeek AI is an open-source language model developed in China, designed to
be cost-efficient and highly effective in various AI tasks. It has gained attention for its
innovative approach to AI development, challenging the norms of resource-intensive
AI models.
Question
Which form of innovation is DeepSeek AI?
Select one:
1.
Product Innovation
The correct answer is service innovation
2.
Service Innovation
Feedback
Your answer is correct.
The correct answer is:
Service Innovation
Question 3
The following question is based on the case study
Case Study: DeepSeek AI
DeepSeek AI is an open-source language model developed in China, designed to
be cost-efficient and highly effective in various AI tasks. It has gained attention for its
2
Quiz
Assessment 1
Started on Wednesday, 26 February 2025,
State Finished
Completed on Wednesday, 26 February 2025,
Time taken
Grade 25.00 out of 25.00 (100%)
Question 1
There are various concepts and processes related to the innovation .
Question
Match the term to the correct description or process of the innovation.
Feedback
Your answer is correct.
You have correctly selected 5.
The correct answer is:
Three triggers of innovation involves → Idea generation, Scientific discovery and
Technological breakthrough,
Idea Generation involves three scenarios in which the process may be described
as, → Problem related, associative and serendipitous,
Types of business models include → Technology input, business models, economic
output,
Characteristics of innovation are: → Relative advantage, compatibility, complexity,
trialability, observability,
Three business models that enable firms to convert technology into economic value
are: → Incorporating the technology into the current business, licensing the
technology to a third party, and launching a new venture to exploit the technology
1
, 2025 – S1 – MNE3703 – ASSESSMENT 1 – Q&A
Question 2The following Question is based on this case study
Case Study: DeepSeek AI
DeepSeek AI is an open-source language model developed in China, designed to
be cost-efficient and highly effective in various AI tasks. It has gained attention for its
innovative approach to AI development, challenging the norms of resource-intensive
AI models.
Question
Which form of innovation is DeepSeek AI?
Select one:
1.
Product Innovation
The correct answer is service innovation
2.
Service Innovation
Feedback
Your answer is correct.
The correct answer is:
Service Innovation
Question 3
The following question is based on the case study
Case Study: DeepSeek AI
DeepSeek AI is an open-source language model developed in China, designed to
be cost-efficient and highly effective in various AI tasks. It has gained attention for its
2
