BSBSTR501 Task 1 – Knowledge Questions

Task summary 

• This is an open book knowledge test, to be completed in your own time.

• You need to answer all the written questions correctly.

Required

• Access to textbooks/other learning materials.

• Access to a computer and Microsoft Office.

• Access to the internet.

Timing

• Your assessor will advise you of the due date of this assessment via Canvas.

Submit onto Canvas

• This completed workbook 

Assessment criteria

• All questions must be answered correctly for you to be assessed as having completed the task satisfactorily. 

Re-submission opportunities

• You will be provided feedback on your performance by the Assessor via Canvas. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task. 

• If any parts of the task are not satisfactorily completed, the assessor will provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date. 

• You have the right to appeal the outcome of assessment decisions if you feel that you have been dealt with unfairly or have other appropriate grounds for an appeal.

• You are encouraged to consult with the assessor prior to attempting this task if you do not understand any part of this task or if you have any learning issues or needs that may hinder you when attempting any part of the assessment. 

Question 1

Briefly describe three (3) theories of innovation. (approximately 100 words)

Answer: 

Question 2

Describe the context for innovation in the workplace, including:

• core business values

• overall objectives

• broader environmental context

• value and benefit of innovative ideas and projects

(approximately 100 words)

Answer: 

Question 3

List two (2) factors and tools that motivate individuals to innovate. 

(approximately 100 words)

Answer: 

Question 4

What is creative thinking? List two (2) innovative work practices that can be applied in the workplace.  (approximately 100 words)

Answer: 

Question 5

Describe five (5) ways of celebrating and promoting innovation in the workplace (approximately 100 words)

Answer: 

Question 6

Discuss two (2) approaches to management and leadership and how they support and hinder innovation. (approximately 100 words)

Answer: 

Question 7

Describe three (3) challenges and barriers to innovation and list ways of overcoming them.

(approximately 100 words)

Answer: