Page 67 - THE CARIBBEAN ADVANCED PROFICIENCY EXAMINATIONS

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40. What type of innovation can be described 43. Which of the following are forms of
by the term „supply chain‟? protection for intellectual property rights?

(A) Process (i) Patent
(B) Position (ii) Trademark
(C) Product (iii) Copyright
(D) Paradigm (A) I and II only
(B) I and III only
(C) II and III only
41. One special type of mobile phone has (D) I, II and III
gone through a series of small
improvements over the years which has
helped to keep its competitive position. 44. Which of the following is NOT one of the
This type of innovation can be described four Ps of innovation type?
as
(A) Price
(A) modular (B) Process
(B) incremental (C) Position
(C) product (D) Paradigm
(D) service

45. An entrepreneur‟s failure to adhere to
sound business practices can be considered
42. Which type of innovation leaves the as
existing components and the core design (A) behaving unethically
concepts essentially untouched, but (B) ignoring indigenous customs
changes the ways in which the (C) not observing local regulations
components are linked? (D) ignoring entrepreneurial decisions

(A) Modular
(B) Incremental
(C) Architectural
(D) Discontinuous

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02124010/SPEC 2013