Business Studies - Innovation Challenge

This week in Business Studies we have been learning about Innovation. First our teacher got us to do was to brainstorm all the ways you could use a paperclip. Then she got us to answer these questions, Did you make any changes to the paperclip itself? If you did then you were being innovative. Did you change its size, shape, what it is made from? One more minute to see if you can come up with any more ideas. This is what innovators do!! After she introduced us into this Innovation challenge and it has 9 questions to answer and do. Here are the questions.

Here are my answers to these questions.

1.

2. 

This product is money coins and you can use it in many ways. You use this product by buying things with it or you could bank that money so you can save to get more money so then you can buy something you really want. What I don’t like about this product are the pictures that are on it and I don’t really like the colours.

3.

The colour of the coins could be changed like to a different colour because I don’t like the colour bronze or silver. But I do get that they use the colour gold, silver and bronze because gold is more expensive and worthy and then it goes silver and then bronze, also the colours are used for events for 1st, 2nd and 3rd places, 1st = gold, 2nd = silver, 3rd = bronze. I would also like the coins to be more worthy or less worthy by changing the numbers like a 60cent coin or a $25 coin or a 15cent coin and ect…

4.

That coins actually add up quite a bit when you are saving because people think that 10cents and 20cents isn't much when you save it, it actually adds up quiet a bit. That coins are actually easier to collect than notes because coins lay around everywhere from people and they fall out of peoples pockets when sitting down so then coins can go down the couch.

5.

You could take the pictures off of the coins and then you could put a picture of the prime minister of that country to make it more valuable. You could make the coins different shapes and sizes and you could make more coins but different colours and a different value on them like 25cents or 75cents to make it so you don’t have to carry more coins

6.

You could make them bigger and smaller but if they were to go to smaller they would me easier to lose. If they were to go to big they might not be able to fit in your wallet so then their wouldn't be any point keeping them unless you bank it. 

7. 

No because it is already user friendly for people to use it easy and it is easy for people to understand how to use it.

8.

There are really not much disadvantages on my changes on the product or any advantages.

9.