Need for Innovation and Value Addition
NIOS · Class 10 · Entrepreneurship
Most important questions from Need for Innovation and Value Addition for NIOS Class 10 Entrepreneurship board exam 2026. MCQs, short answer, and long answer questions with marks.
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Sample Questions
What is innovation the process of?
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Transforming creative ideas into useful products, services or methods of operation
Innovation is the process of transforming creative ideas into useful products, services or methods of operation.
Which is one of the three concepts of innovation?
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Creativity
Creativity is one of the three concepts of innovation, along with improvements and inventions.
What does value addition mean?
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Adding value to a product or service
Value addition literally means adding value to a product or service.
An activity is considered value-added when the customer is willing to do what?
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Pay extra money for the additional output
An activity is considered value-added when the customer is willing to pay extra money for the additional output.
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