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A. Design thinking
B. Collective thinking
C. Ideation process
D. Empathizing
5- Gives you copious and diverse design solution possibilities to select, develop,
and test is :
A. Ideation
B. Empathize
C. Prototype
D. Test
6- The sweet spots for innovation are called :
A. Wide spots
B. Blind spots
C. Creative spots
D. Brain storming spots
9- Constructing a POV that is based on user needs and insights is done during the:
A. Emphasize phase
B. Prototype phase
C. Define phase
D. Ideate phase
13- -------------------- is a technique that allows you to create and test user
interfaces quickly and cheaply.
A. Empathy map
B. Paper prototyping
C. Carboard prototyping
D. Big Paper sketching
___________identifies the firm’s product and service value, customers, the way
it makes a profit, and its operations.
A. Entrepreneurship
B. Management
C. Business model
D. venture team
20- Core competency include all of the following EXCEPT:
A. Improvement opportunity
B. Solution
C. Features and benefits
D. Finance
28- People who take the risk are called all of the following EXCEPT:
A. Entrepreneur
B. Self employee
C. Manager
D. Business owner
32- The term used to describe how you create your products and services, and
deliver them is:
A. Delivery service
B. Markup
C. Operation
D. Core value
35- Which of these definitions are for the old mean of entrepreneurship?
A. taking the risk of owning and managing a business
B. recognition and exploitation of new business opportunities by founding
new ventures
C. seeking opportunity
D. B and C
39- Tendency to generate ideas and alternatives that maybe useful in solving
problems
A. Innovation
B. Entrepreneurship
C. Creativity
D. Implementation
43- Original functional model of a new product that entrepreneur can put into
the hands of potential customers so they can see it , test it and use it is:
E. Sketching
F. Prototype
G. Survey
H. Concept statement
44- A segment of the entire customer population that a firm tries to get as
customers.
A. Customer service
B. Consumer target
C. Customer interaction
D. Market target
48- All the methods of generating income for the business is called:
A. Revenues
B. Profit
C. Expenses
D. Startup cost
49- One of the following are not type of secondary research sources:
A. WWW
B. Demographic data
C. Forecast
D. Prototype
50- One page description of a business that is distributed to people who are ask
to provide feedback
I. Concept statement
J. Concept map
K. Survey
Interview
51- One-time costs are commonly called:
A. Expenses
B. Profit
C. Startup cost
D. Revenues
52- How “Merrill Lynch” interacts with customers?
A. Online
B. In person
C. At customer home
D. By phone
55- “Network of all the businesses that participate in the process of producing
and delivering a product to the customer” Is called:
A. Network chain
B. Supply chain
C. Value chain
D. B & C
60- Is the process of implementation where the leader closes the gaps in an
organization to shift mindset in inspiring creative confidence and the growth
mind set:
A. Innovation
B. Leading innovation
C. Entrepreneurship
D. Collective creativity
61- During ______ mode , you have distilled all the information collected to
create user profiles
E. Define
F. Ideate
G. Empathy
H. Prototype