PRE-FINAL EXAMINATION IN ENTREP-1

It also produces a product that creates emotional attachment and eventually becomes a significant personal expression of the consumer.

• CREATIVE MIND

• BUSINESS MIND

• TECHNICAL MIND

It manages the external and internal business environment of the new product, which goes beyond the product development process itself.

• CREATIVE MIND

• BUSINESS MIND

• TECHNICAL MIND

This work process allowed the entrepreneurs to become more efficient in converting the production input into production output by designing a good transformation process.

• Standardization of the Production Process

• Establishment of Specifications for the Product

• Preliminary Testing

What entrepreneurial mind does conceptualize and design a product that consumers find some use for?

• Technical Mind

• Creative Mind

• Business Mind

This part of product development should determine the exact conditions for the product based on the raw material.

• Standardization of the Production Process

• Establishment of Specifications for the Product

• Preliminary Testing

An entrepreneurial mind produces a product that is pleasing to see, touch, smell, hear, and taste.

• Creative Mind

• Business Mind

• Technical Mind

What entrepreneurial mind manages the external and internal business environment of the new product?

• Business Mind

• Creative Mind

• Technical Mind

What part of product development where the entrepreneur needs to consult with the expert first?

• Standardization of the Production Process

• Preliminary Testing

• Establishment of Specifications for the Product

Which of the following statements is NOT true about Business Mind?

• It organizes sufficient resources to develop new product.

• It is a technology renderer and adaptor.

• It manages the external and internal business environment

• It creates market space.

This entrepreneurial mind allows you to convert new knowledge into something highly functional and operational.

• Business Mind

• Technical Mind

• Creative Mind