Technopreneurship-All Source docu PDF

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Prelim ExamQuestion Correct 1Mark 1 out of 1.Flag questionIt is the result of an entrepreneur’s dream of someQuestion text thing that does not exist yet and the ability topaint a compelling picture of that dream for everyone to see. Select one: mission goal vision objectivesYour answer is correctThe...

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Prelim Exam Question 1 Correct Mark 1.00 out of 1.00

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Question text It is the result of an entrepreneur’s dream of something that does not exist yet and the ability to paint a compelling picture of that dream for everyone to see. Select one: mission

goal

vision

objectives

Feedback Your answer is correct. The correct answer is: vision Question 2 Correct Mark 1.00 out of 1.00

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Question text Positive external factors the company can exploit to accomplish its mission, goals, and objectives. Select one: threats

strengths

weaknesses

opportunities

Feedback Your answer is correct. The correct answer is: opportunities Question 3 Correct Mark 1.00 out of 1.00

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Question text It is a road map of the actions an entrepreneur draws up to achieve a company’s mission, goals, and objectives. Select one: objectives

goals

purpose

strategy

Feedback Your answer is correct. The correct answer is: strategy Question 4 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Characteristics of Entrepreneurs? Select one:

All of the above

High level of energy

Desire for immediate feedback

Determination

Feedback Your answer is correct. The correct answer is: All of the above Question 5 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Drawbacks of Entrepreneurship? Select one: Uncertainty of income

Long hours and hard work

Risk of losing your entire investment

All of the above

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: All of the above

They Listen To Customer

They Think

They are Visionaries

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Question text Entrepreneur can stimulate their own creativity and encourage it among workers by: Select one: Developing a Procedure For Capturing Ideas

All of the above

Rewarding Creativity

Providing Support

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Question text Which of the following is/are the Characteristics of Entrepreneurs? Select one: All of the above

Confidence in their ability to succeed

Preference for moderate levels of risk – risk eliminators

Desire for responsibility

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Question text Which of the following is/are the Deadly Mistakes of Entrepreneurship? Select one: All of the above

Poor Location

Incorrect Pricing

Improper Inventory Control

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The correct answer is: All of the above Question 10 Correct Mark 1.00 out of 1.00

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Question text It is a written expression of how the company will reflect an entrepreneur’s values, beliefs, and vision – more than just “making money.” Select one: vision

mission

objectives

goal

Feedback Your answer is correct. The correct answer is: mission Question 11 Correct Mark 1.00 out of 1.00

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Question text Negative external factors that inhibit the firm's ability to accomplish its mission, goals, and objectives. Select one: threats

weaknesses

opportunities

strengths

Feedback Your answer is correct. The correct answer is: threats Question 12 Correct Mark 1.00 out of 1.00

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: They Love what they do and fun doing it

They Maximize team Synergy, balance and focus

All of the above

They Refuse to take ‘’no’’ for an Answer

Feedback Your answer is correct. The correct answer is: All of the above Question 13 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship? Select one: Women entrepreneurs

Young entrepreneurs

All of the above

Minority-owned enterprises

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Question text Entrepreneur can stimulate their own creativity and encourage it among workers by: Select one: Encouraging Curiosity

Viewing Problems as Challenges

All of the above

Providing Creativity Training

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Question text

It involves developing a game plan to guide a company as it strives to accomplish its mission, goals , and objectives, and to keep it on its desired course. Select one: strategic management

franchise

competitive advantage

strategic plan

Feedback Your answer is correct. The correct answer is: strategic management Question 16 Correct Mark 1.00 out of 1.00

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Question text The barrier/s of creativity is/are the following: Select one: Avoiding ambiguity.

All of the above

Fearing mistakes and failure.

Fearing looking foolish.

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: All of the above

They Understand How To Manage Ideas

They Maintain a Culture Of Change

They are People Centered

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Question text A clearly defined vision __________ . Select one: Provides direction

Motivates people

all of the above

Determines decisions

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The correct answer is: all of the above Question 19 Correct Mark 1.00 out of 1.00

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Question text One characteristic of entrepreneurs that stands out is __________ . Select one: originality

hospitality

hard work

Diversity

Feedback Your answer is correct. The correct answer is: Diversity Question 20 Correct Mark 1.00 out of 1.00

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Question text Entrepreneurs tend to exhibit __________ . Select one: Tenacity

none of the above

All of the above

A willingness to work hard

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Question text Most entrepreneurs turn to family members and friends for _________ . Select one: love

support

capital

motivation

Feedback Your answer is correct. The correct answer is: capital Question 22 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Benefits of Entrepreneurship? Select one: Create your own destiny

All of the above

Reach your full potential

Make a difference

Feedback Your answer is correct. The correct answer is: All of the above Question 23 Correct Mark 1.00 out of 1.00

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one: They are People Centered

All of the above

They Maintain a Culture Of Change

They Understand How To Manage Ideas

Feedback Your answer is correct. The correct answer is: All of the above Question 24 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Benefits of Entrepreneurship? Select one:

Contribute to society and to be recognized for your efforts

Reap impressive profits

All of the above

Do what you enjoy and to have fun at it

Feedback Your answer is correct. The correct answer is: All of the above Question 25 Correct Mark 1.00 out of 1.00

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Question text It involves generating something from nothing. Select one: Creativity

Entrepreneurship

Application

Innovation

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Question text It is the ability to create new and useful ideas that solve problems and challenges people face everyday. Select one: Innovation

Application

Entrepreneurship

Creativity

Feedback Your answer is correct. The correct answer is: Entrepreneurship Question 27 Correct Mark 1.00 out of 1.00

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Question text Any activity which is undertaken with an intention to earn profit is called __________ . Select one: business credit employment

asset

Feedback Your answer is correct. The correct answer is: business Question 28 Correct Mark 1.00 out of 1.00

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Question text One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capitalize on them. Select one: entrepreneur stakeholder distributor business owner

Feedback Your answer is correct. The correct answer is: entrepreneur Question 29 Correct Mark 1.00 out of 1.00

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Question text Leaders of innovation has identified the following secrets for Leading Creativity: Select one:

They Maximize team Synergy, balance and focus All of the above They Love what they do and fun doing it They Refuse to take ‘’no’’ for an Answer

Feedback Your answer is correct. The correct answer is: All of the above Question 30 Correct Mark 1.00 out of 1.00

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Question text which of the following is/are Strategic Management Process?

Select one: Formulate strategies. Translate plans into actions. All of the above Establish accurate controls. Feedback Your answer is correct.

The correct answer is: All of the above Question 31 Correct Mark 1.00 out of 1.00

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Question text Leaders of innovation has identified the following secrets for Leading Creativity:

Select one: They are People Centered All of the above They Maintain a Culture Of Change They Understand How To Manage Ideas Feedback Your answer is correct.

The correct answer is: All of the above Question 32 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship?

Select one: Copreneurs Corporate castoffs

All of the above Family businesses Feedback Your answer is correct.

The correct answer is: All of the above Question 33 Correct Mark 1.00 out of 1.00

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Question text which of the following is/are aspects of a small company?

Select one: All of the above Pricing they offer Service they provide Products they sell Feedback Your answer is correct.

The correct answer is: All of the above Question 34 Correct Mark 1.00 out of 1.00

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Question text

Which of the following is/are the Drawbacks of Entrepreneurship? Select one: High levels of stress Discouragement All of the above Complete responsibility Feedback Your answer is correct.

The correct answer is: All of the above Question 35 Correct Mark 1.00 out of 1.00

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Question text Entrepreneur can stimulate their own creativity and encourage it among workers by:

Select one: Embracing Diversity Expecting And Tolerating Failure Expecting Creativity All of the above Feedback Your answer is correct.

The correct answer is: All of the above

Question 36 Correct Mark 1.00 out of 1.00

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Question text Positive internal factors a company can draw on to accomplish its mission, goals, and objectives.

Select one: weaknesses strengths mission vision Feedback Your answer is correct.

The correct answer is: strengths Question 37 Correct Mark 1.00 out of 1.00

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Question text Negative internal factors that inhibit a company’s ability to accomplish its mission, goals, and objectives.

Select one: strengths

weaknesses vision mission Feedback Your answer is correct.

The correct answer is: weaknesses Question 38 Correct Mark 1.00 out of 1.00

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Question text It refers to something new or to a change made to an existing product, idea, or field.

Select one: Creativity Entrepreneurship Invention Innovation Feedback Your answer is correct.

The correct answer is: Innovation Question 39 Correct Mark 1.00 out of 1.00

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Question text The aggregation of factors that sets a company apart from its competitors and gives it a unique position in the market that is superior to its competition.

Select one: strategic plan strategic management competitive advantage franchise Feedback Your answer is correct.

The correct answer is: competitive advantage Question 40 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Deadly Mistakes of Entrepreneurship?

Select one: Weak Marketing Efforts All of the above

Failure to develop a strategic Plan Uncontrolled Growth Feedback Your answer is correct.

The correct answer is: All of the above Question 41 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Deadly Mistakes of Entrepreneurship?

Select one: Poor Financial Controls All of the above Lack of Experience Management Mistakes Feedback Your answer is correct.

The correct answer is: All of the above Question 42 Correct Mark 1.00 out of 1.00

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Question text which of the following is/are Strategic Management Process?

Select one: Create goals and objectives. All of the above Analyze competition. Identify key success factors. Feedback Your answer is correct.

The correct answer is: All of the above Question 43 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Characteristics of Entrepreneurs?

Select one: Value achievement over money Future orientation – opportunity, necessity, and serial entrepreneurs All of the above Skilled at organizing Feedback Your answer is correct.

The correct answer is: All of the above

Question 44 Correct Mark 1.00 out of 1.00

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Question text The barrier/s of creativity is/are the following:

Select one: Focusing on “being logical”. All of the above Searching for the one “right” answer. Blindly following the rules. Feedback Your answer is correct.

The correct answer is: All of the above Question 45 Correct Mark 1.00 out of 1.00

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Question text The barrier/s of creativity is/are the following:

Select one: Constantly being practical. Becoming overly specialized.

All of the above Viewing play as frivolous. Feedback Your answer is correct.

The correct answer is: All of the above Question 46 Correct Mark 1.00 out of 1.00

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Question text The practice of gathering, organizing, and disseminating the collective wisdom and experience of a company’s employees for the purpose of strengthening its competitive position.

Select one: goals objectives purpose strategy Feedback Your answer is correct.

The correct answer is: purpose Question 47 Correct Mark 1.00 out of 1.00

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Question text which of the following is/are Strategic Management Process?

Select one: Assess strengths and weaknesses. Develop a vision and translate it into a mission statement. Scan environment for opportunities and threats. All of the above Feedback Your answer is correct.

The correct answer is: All of the above Question 48 Correct Mark 1.00 out of 1.00

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Question text Which of the following is/are the Cultural Diversity of Entrepreneurship?

Select one: a. Home-based businesses b. Immigrant entrepreneurs c. Part-time entrepreneurs

d. All of the above Feedback Your answer is correct.

The correct answer is: All of the above Question 49 Correct Mark 1.00 out of 1.00

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Question text Leaders of innovation has identified the following secrets for Leading Creativity:

Select one: They Refuse to take ‘’no’’ for an Answer They Maximize team Synergy, balance and focus They Love what they do and fun doing it All of the above Feedback Your answer is correct.

The correct answer is: All of the above Question 50 Correct Mark 1.00 out of 1.00

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Question text

Entrepreneurs tend to exhibit __________ . Select one: Flexibility All of the above A high degree of commitment Tolerance for ambiguity Feedback Your answer is correct.

The correct answer is: All of the above Midterm Exam Question 1 Correct Mark 1.00 out of 1.00

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Question text In General Partnerships, each partner is individually liable for all debts and contracts of the partnership. Select one: True False

Feedback The correct answer is 'True'. Question 2 Correct Mark 1.00 out of 1.00

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Question text Quality _____ products are not readily available and the prices of which are not lower. Select one: Rivalry suppliers substitute buyers

Feedback Your answer is correct. The correct answer is: substitute Question 3 Correct Mark 1.00 out of 1.00

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Question text Why would a new business venture choose to operate as a partnership? Select one: all of the choices Diversity of managerial expertise Relative freedom from government control Flexibility to respond to changing business conditions

Feedback Your answer is correct. The correct answer is: all of the choices Question Correct

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