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Technopreneurship

Showing 76-150 of 177 answers

In General Partnerships,each partner is individually liable for all debts and contracts of the partnership
  • True Correct
  • False
In Limited Partnerships,each partner is controlled by one or more general partners who have unlimited liability
  • True Correct
  • False
In Limited Partnerships,the dormant partners' do not participate actively in the firm's operations
  • True Correct
  • False
In Limited Partnerships,the dormant partners' liability is limited to their investment
  • True Correct
  • False
Involves the deliberate import and export of knowledge by an organization in order to accelerate and enhance its innovation
  • Product Innovation
  • Open Innovation Correct
  • Closed Innovation
  • Process Innovation
It involves a coming together of people who are intelligent, driven, creative, tech-savvy and passionate and have an appetite for calculated risk
  • Technopreneurship Correct
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
  • competitive advantage
  • franchise
  • strategic management
  • strategic plan Correct
It is a road map of the actions an entrepreneur draws up to achieve a company's mission, goals, and objectives
  • objectives
  • purpose
  • strategy Correct
  • goals
It is a written expression of how the company will reflect an entrepreneur's values, beliefs, and vision - more than just "making money"
  • goal
  • mission Correct
  • vision
  • objectives
It is called this because before people ventured to Australia, swans were assumed to only be white. No one had seen a black one until then
  • Black swan Correct
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
  • vision Correct
  • goal
  • mission
  • objectives
Known as "Zesto Man"
  • Cecilio Kwok
  • Alfredo Yao Correct
  • Mariano Que
  • Henry Sy
Money owed to your company by customers.
  • Accounts receivable Correct
Money spent to create future benefits. Answer 2
  • Capital expenditure (CAPEX) Correct
Most commercial operations such as venture capital firms and commercial banks tend to exhibit greater interest in risk taking like venturing in rural areas that has a potential to be urbanized
  • True
  • False Correct
Most entrepreneurs turn to family members and friends for _________
  • capital Correct
  • love
  • support
  • motivation
Negative external factors that inhibit the firm's ability to accomplish its mission, goals, and objectives
  • threats Correct
  • opportunities
  • weaknesses
  • strengths
Negative internal factors that inhibit a company's ability to accomplish its mission, goals, and objectives
  • mission
  • strengths
  • vision
  • weaknesses Correct
Number of competitors is large or few (less than 5)
  • New Entrants
  • Suppliers
  • Buyers
  • Rivalry Correct
Offices or real estate
  • My Physical Resources Correct
  • My Social Resources
One characteristic of entrepreneurs that stands out is __________
  • hospitality
  • hard work
  • originality
  • Diversity Correct
One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growthby identifying opportunities and assembling the necessary resources to capitalize on them
  • distributor
  • business owner
  • stakeholder
  • entrepreneur Correct
Overview of industry or market segment
  • Executive Summary
  • Business and Industry Profile Correct
  • Business Strategy
  • Marketing Strategy
People believe that their most basic abilities can be developed through dedication and hard work
  • lone visionary
  • entrepreneur
  • Growth Mindset Correct
  • trait
Personality Traits
  • My Physical Resources Correct
  • My Social Resources
Positive external factors the company can exploit toaccomplish its mission, goals, and objectives
  • threats
  • opportunities Correct
  • weaknesses
  • strengths
Positive internal factors a company can draw on toaccomplish its mission, goals, and objectives
  • mission
  • weaknesses
  • strengths Correct
  • vision
Property that has value owned by a company.
  • Assets Correct
Prototypes
  • My Physical Resources Correct
  • My Social Resources
Proving that a profitable market exists by showing customer interest and documenting market claims
  • Business Strategy
  • Business and Industry Profile
  • Executive Summary
  • Marketing strategy Correct
Quality _____ products are not readily available=20and the prices of which are not lower
  • suppliers
  • substitute Correct
  • buyers
  • Rivalry
Refers to a specific state of mind which orientates human conduct towards entrepreneurial activities and outcomes
  • Entrepreneurial
  • Entrepreneurial set
  • Mindset
  • Entrepreneurial Mindset Correct
Relates to the way in which a product is produced and distributed, especially with regard to improvements in cost or reliability
  • Product Innovation
  • Closed Innovation
  • Open Innovation
  • Process Innovation Correct
Social and professional reputation
  • My Social Resources Correct
  • My Physical Resources
Social enterprise can be seen as the intersection of of what two factors?
  • Traditional Business and Non Profits
  • Government and Traditional Business
  • Capital Ventures and Private Sector
  • Volunteer and Private Sector Correct
Social entrepreneurship/entrepreneurs are individuals and groups who create independent organizations to mobilize ideas and resources to address social problems, typically earning revenues but on a not-for-profit basis
  • Diffusion
  • Market pull
  • Social entrepreneurship/entrepreneurs Correct
  • Technology push
Social Ties
  • My Physical Resources
  • My Social Resources Correct
Stands for EPISTE
  • Strength, Weakness, Opportunity, Threats
  • Entrepreneurial Environment, Corporation, Partnership
  • Economical, Political, Informatics, Technological, Ecological Correct
  • Sociological, Technical, Economic, Ecological, Regulatory
Stands for STEER
  • Entrepreneurial Environment, Corporation, Partnership
  • Sociological, Technical, Economic, Ecological, Regulatory Correct
  • Economical, Political, Informatics, Technological, Ecological
  • Strength, Weakness, Opportunity, Threats
Stands for SWOT
  • Entrepreneurial Environment, Corporation, Partnership
  • Sociological, Technical, Economic, Ecological, Regulatory
  • Economical, Political, Informatics, Technological, Ecological
  • Strength, Weakness, Opportunity, Threats Correct
States to a particular state of mind which adjusts human conduct towards entrepreneurial activities and outcomes
  • Entrepreneurial course
  • Entrepreneurial strategy
  • Entrepreneurial state
  • Entrepreneurial mindset Correct
Successful entrepreneurs learn to fail intelligently
  • True Correct
  • False
Technopreneurship begins with the customer experience and works backward to arrive at the technology to provide that _______________.
  • Customer experience Correct
Technopreneurship is an expensive exercise and Technopreneurs need to work without pay until their ideas become ______________
  • Commercially viable Correct
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
  • competitive advantage Correct
  • strategic management
  • strategic plan
  • franchise
The business organization in which a franchisor supplies the product concept to the franchisee, who sells the goods or services
  • joint ventures
  • franchises Correct
  • stockholders
  • cooperatives
The buying (offer) and selling (bid) price of shares, bonds or currency
  • Bid-offer spread Correct
The characteristics of entrepreneurship can be attained and every person can be achieved the traits through knowledge, skills and aptitude
  • True Correct
  • False
The combination of 2 or more firms to form a new company, which often takes a new corporate identity
  • Merger Correct
  • cooperatives
  • joint ventures
  • Acquisition
The company's business model and basis for competitive edge
  • Business and Industry Profil
  • Marketing Strategy
  • Business Strategy
  • Executive Summary Correct
The company's target markets and the benefits its product or service will provide
  • Marketing Strategy
  • Executive Summary Correct
  • Business Strategy
  • Business and Industry Profil
The idea needs to work for the greater common good – it doesn’t need to be a ______________.
  • Global blockbuster Correct
The idea of Social Enterprise started in what country?
  • US
  • UK Correct
  • Canada
  • China
The movement of cash into and out of a business
  • Cash flow Correct
The point in time when you will have paid back all your debts, or when revenues exactly match expenses.
  • Break-even point Correct
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
  • strategy
  • goals
  • objectives Correct
  • purpose
The process by which a person or business takes advantage of the difference in price of a share or a currency.
  • Arbitrage Correct
The process of determining whether an entrepreneur's idea is a viable foundation for creating a successful business
  • Business Plan
  • Marketing Strategy
  • Business strategy
  • Feasibility Analysis Correct
The purchase of a corporation by another corporation or investment group
  • Acquisition Correct
  • cooperatives
  • joint ventures
  • Merger
The purchase of one company or resources by another.
  • Acquisition Correct
The qualification of the founders and/or key employeesand the key financial highlights
  • Executive Summary Correct
  • Marketing Strategy
  • Business and Industry Profile
  • Business Strategy
The switching costs to competitors is highand their numbers is large
  • Buyers Correct
  • Suppliers
  • New Entrants
  • Rivalry
The time for which profits are being calculated, normally months, quarters or years.
  • Accounting period Correct
The traditional approach to innovation relying on the organization's own internal resources
  • Closed Innovation Correct
  • Process Innovation
  • Open Innovation
  • Product Innovation
The word "entrepreneur" originates from the French word ______, which means "undertaker" as in the sense of someone undertaking a major project
  • Entrependre Correct
  • Enterpender
  • Enterperdre
  • Entrepender
Their role is to calculate accident rates, life expectancy and the relevant payouts.
  • Actuary Correct
There is a common belief in the _____________, an inherent DNA to work hard and against all odds, a coming together of people with myriad skillsets and resources that are critical for the success of the venture
  • Potential of the tech product Correct
They sell a commodity product to the companies in it
  • New Entrants
  • Suppliers Correct
  • Rivalry
  • Buyers
This influences financial products and services when they set their own cost of borrowing.
  • Base rate Correct
This is a key area in an entrepreneur's mindset that is characterized by a business requirement of having a global market and build a network of relationships to find customers, champions and partners
  • Sell a minimum viable product to foreign customers early
  • Ensure that the problem is small enough to be solved by your startup
  • Seek out individuals with international experience Correct
  • Instill a global mindset throughout the company from inception
This is a key area in an entrepreneur's mindset that is characterized by company's development of global opportunities from the moment the company is build
  • Seek out individuals with international experience
  • Instill a global mindset throughout the company from inception Correct
  • Ensure that the problem is small enough to be solved by your startup
  • Sell a minimum viable product to foreign customers early
This is a key area in an entrepreneur's mindset that is characterized by selling to customers who have the greatest need for what you are selling
  • Ensure that the problem is small enough to be solved by your startup
  • Sell a minimum viable product to foreign customers early Correct
  • Seek out individuals with international experience
  • Instill a global mindset throughout the company from inception
This is a key area in an entrepreneur's mindset that promotes for companies have a global approach that is geared on export strategy
  • Leverage the assets of well-established companies
  • Instill a global mindset throughout the company from inception
  • Seek out individuals with international experience
  • Develop a business model that is global, not local Correct
This is a key area in an entrepreneur's mindset that promotes for companies to gain access to foreign customers and networks These assets include product and technology platforms, Internet forums, brands, and open source communities
  • Leverage the assets of well-established companies Correct
  • Develop a business model that is global, not local
  • Seek out individuals with international experience
  • Instill a global mindset throughout the company from inception
This is a type of insurance policy. Upon retirement a lump sum is paid into it and the insurance company then provide a regular income
  • Annuity Correct
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