New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Which of the following is NOT a genuine business

    innovation?   
    A Lost cost technology developed ploughing rice fields by the farmer Correct Answer Incorrect Answer
    B A less polluting technology for agriculture chemicals Correct Answer Incorrect Answer
    C A new type of solar cells developed to charge batteries Correct Answer Incorrect Answer
    D An app developed to find our doctors in your neighbourhood Correct Answer Incorrect Answer
    E Donation to an NGO working for child education Correct Answer Incorrect Answer

    Solution

    Donation is a charitable activity not a business innovation. Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services. 

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