Self-assessment test (AHEAD Module 2; Lecture 3)

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The following questions aim to assess your knowledge after completing Lecture 3 Role of technology, business and policy in supporting inclusive and grassroots innovation from Module 2 “Inclusive and Grassroots Innovation”. Please, select all response options that you believe are correct. More than one answer is possible.

The project AHEAD (Ref. No 585919-EPP-1-2017-1-RO-EPPKA2-CBHE-JP) has been funded with support of the European Commission. The European Commission support for the production of this document does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.

1. Which of following are advantages of SMEs in supporting inclusive innovation? *

1 point

Understanding of people’s need in local communities

Adequate distribution system

Access to technologies

Access to financing

Operating with low-profit margin

Required

2. Technologies have a direct effect on productivity in several ways: *

1 point

By increasing the value added per worker

By getting faster results

By solving problems more effectively and efficiently

By reducing costs

All is correct

3. Which of the following are NOT characteristics of BoP consumers? *

1 point

They expect a lower quality product.

They expect quality products at an affordable price.

BoP consumers are less willing to adopt new technologies.

The BoP consumers are brand-conscious.

The BoP consumers are value-conscious.

Required

4. Which of the following are challenges for business when trying to serve the BoP market? *

1 point

Small market size

Lack of market information

Difficulties to achieve low prices

Distribution problems

Declining market

Required

5. Please, mark all obstacles for inclusive innovations that require special policy attention *

1 point

Knowledge and information of consumer needs

Access to finance

Low cost for providing solutions

Market conditions

Intellectual property rights

Required

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