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Assessment
What is the primary purpose of innovation in entrepreneurship?
To create new products or improve existing ones
To maintain the status quo
To reduce competition
To increase employee satisfaction
Which of the following is NOT a type of innovation?
Product Innovation
Process Innovation
Market Innovation
Traditional Innovation
What key factor distinguishes successful innovative entrepreneurs from others?
Their ability to follow existing trends
Their willingness to take risks
Their preference for routine
Their focus on immediate profits
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