Research and Development (HL only) Quiz by Shubhrata Shrestha | Sep 19, 2025 | 0 comments Research and Development (HL only) Quiz 1. Which of the following is a key benefit of R&D for businesses? A) Reduced labor costs B) First-mover advantage C) Lower government taxation D) Increased short-term profits None 2. What is a major drawback of R&D investment? A) It reduces competition B) It guarantees customer loyalty C) It is costly and has low success rates D) It eliminates the need for patents None 3. Which industry is considered a “sunrise industry” suitable for R&D investment? A) Coal mining B) Hydrogen energy C) Typewriter manufacturing D) VHS production None 4. Addressing customer needs through R&D can involve: A) Ignoring market trends B) Copying competitor products C) Meeting known and unknown needs D) Cutting production costs only None 5. Which intellectual property right protects product designs and inventions? A) Trademarks B) Copyrights C) Patents D) Royalties None 6. An example of incremental innovation is: A) Streaming services replacing DVDs B) Kodak being replaced by digital cameras C) Gillette upgrading razors with extra blades D) Uber disrupting the taxi industry None 7. Which of the following is NOT an intellectual property right? A) Copyright B) Patent C) Trademark D) Subsidy None 8. Radical or disruptive innovation is characterized by: A) Small-scale changes with low risk B) Gradual improvements in processes C) High risk and major industry shifts D) Guaranteed profitability and low cost None 9. Which innovation fulfilled an unmet need customers were unaware of? A) Plastic bank notes B) Cheaper generic medicines C) Fast-food drive-thrus D) Supermarket discount coupons None 10. Intellectual Property Rights (IPRs) provide businesses with: A) Tax exemptions B) Freedom to copy others’ ideas C) Incentives to innovate and legal protection D) A guarantee of commercial success None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
