Which of the following is an example of social innovation?*1 pointDeveloping a new technologyCreating a nonprofit organization to address a social issueLaunching a new product in the marketExpanding into a new market overseas

Social innovation follows a different process to more commercial forms of innovationQuestion 15AnswerTrueFalse

Social ventures that adopt a _________ model generate profit to fund the social programmes of their affiliate or parent charities to reduce their reliance on donations and improve financial sustainability. a) social needs b) work integration c) plough-back profit d) subsidized services

Social innovation solves social problems and creates positive societal change.Group of answer choicesTrueFalse

Which of the following is an example of disruptive innovation?*1 pointImproving the efficiency of an existing manufacturing processIntroducing a new product that captures a small market nicheCreating a technology that renders existing products obsoleteNone of the above

Developing and implementing new solutions to address social, cultural, economic, orenvironmental challenges is called:*1 pointSustainable InnovationSocial InnovationTechnology InnovationDigital Innovation