1) Explain the steps in continuous improvement (I told you that youd appreciate that song one day J) (5 marks)

2) Explain how you would fill out a Business Model Canvas (dont actually fill one out). Number each step and explain why it is done in this order. Elaborate on each step (ieexplain what you are accessing at each step). (15 marks)

3) Discuss how the Requisite Variety concept works. Is this realistic? Explain. (5 marks)

4) Explain the difference between Social Innovation and Social Responsibility. (5 marks)

5) Explain Schumpeters Creative Destruction and give an example that was not in the lecture slides. (5 marks)

6) Why is innovation imperative? (5 marks)

7A) Discuss 2 reasons why crossing the chasm of an adoption of innovation curve is a challenge. (5 marks)